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Crypto hedge fund executive, Murad Mahmudov this morning added his voice to the growing song of experts calling for $100k a bitcoin. The CIO of Adaptive Capital weighed in on the technical debate observing that the current choppy price action is most likely just a “steady accumulation” phase. At first glance this looks like a […]
Google is in hot water once again over antitrust issues. Reuters reports that 23 job search websites will send a letter to the European Commission asserting that the search giant abuses its market dominance to promote its own job search service. Source: engadget
Crisis in Argentina grips the headlines today. The Argentine peso (ARS) collapsed 30 percent in a matter of minutes yesterday while the stock market caved 48 percent before recovering. Bitcoiners quickly jumped on the narrative to promote the world’s dominant cryptocurrency. Many claimed that bitcoin was “surging” in Argentina while others encouraged locals to “find […]
Microsoft has slowly been dropping more hints about its plans for its next-gen Xbox, codenamed Project Scarlett. Now, head of Xbox Phil Spencer has revealed even more about what's in store for the console, which Microsoft says will be four times as p… Source: engadget
As the resident bitcoin skeptic at CCN.com, it’s my job to make logical and reasoned arguments against holding bitcoin. Today I argue that bitcoin is not a store of value as some claim, and never will be. It’s not even a hedge. “Store of Value” Does Not Mean What You Think It Means The concept […]