Latest news about: bubble

One of the most influential economists criticized cryptocurrency and believes that the blockchain technology is overrated

One of the most influential economists criticized cryptocurrency and believes that the blockchain technology is overrated

Nouriel Roubini, a former economist in the Clinton administration, which predicted the financial crisis of 2008, said that in the financial services industry is undergoing a revolution, but the blockchain, “untested, utopian technology” is not a catalyst. On Friday, in the edition of Project Syndicate, Roubini has published his material in which he said that… More

Goldman Sachs in its new report warns of bitcoin bubble

Goldman Sachs in its new report warns of bitcoin bubble

Goldman Sachs says that bitcoin is a bubble, which by its scale exceeds the dot-com bubble and the famous Tulip fever in Holland. In a letter to investors, analysts banking firms warn of increase in the values of cryptocurrencies, focusing on changes in the prices of bitcoin and ethereum, but also on the rise in… More

Expert with wall street: this year the price of bitcoin falls to $ 1,000

Expert with wall street: this year the price of bitcoin falls to $ 1,000

Chief investment officer at the Bleakley Advisory Group Peter Boockvar believes that bitcoin has enough potential to survive in the financial arena long enough. But he also notes that when the bubble bursts, the price of bitcoin will fall dramatically. Boockvar believes that the price of bitcoin may fall by 70-90 per cent: I would… More