Those of us around from the early days of crypto will recall how incredibly validating it felt when one of the giants of establishment finance would say something encouraging. In 2020, for example, Modern Consensus ran a story headlined “Bitcoin stabilizes above $15K after Stanley Druckenmiller says he owns BTC.” To have an eminence grise like Druckenmiller give his imprimatur felt like the velvet ropes were starting to crack open. Yesterday, that same voice invited crypto fully into the club. “I assume our whole payment systems will be stablecoins in 10 or 15 years,” Druckenmiller remarked in an interview with Iliana Bouzali (about the 3:40 mark). The interview was taped…
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CoinDesk editor Lawrence Lewitinn reacts to one of crypto critic Nouriel Roubini's spicier claims (Photo: CoinDesk)Crypto critic Nouriel Roubini: MicroStrategy CEO Michael Saylor a ‘coke addict’
Three days in, CoinDesk TV had its first controversy in an interview with prominent Bitcoin and cryptocurrency critic Nouriel Roubini, who also called Tether a “criminal enterprise”
When asked about institutional investors buying bitcoin Roubini, an NYU economics professor, launched into a diatribe about the first cryptocurrency not being an asset but a “speculative bubble”—which he’s said many times— before calling MicroStrategy CEO Michael Saylor a “coke head," accusing Elon Musk of "market manipulation" and saying stablecoin-issuer Tether is a “criminal enterprise.”
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Markets Report: Bitcoin sets a $24,600 all-time high on Christmas Day
Nothing stands in the way of Bitcoin this Christmas as buyers fuel a surge to levels never seen before and resistance collapses
“Bitcoin all-time high. Merry Christmas,” Peter McCormack, host of the What Bitcoin Did podcast, summarized to Twitter followers. “It’s roast bear for Christmas dinner with all the trimmings.”
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Bitcoin is back at all-time highs—What does this mean for Hodlers?
A seminal moment has happened in Bitcoin as BTC/USD returns to beat its 2017 top on many exchanges. What’s the significance?
The sense of achievement is palpable among those who had waited three years to revisit levels which appeared only briefly in 2017. Now that they have returned, what does it say about Bitcoin?
