Joseph Stiglitz Thinks We Should Ban Cryptocurrencies

Most people know who Joesph Stiglitz is. Some know him as the 2001 recipient of the Nobel Memorial Prize in Economic Sciences; others know him as a vocal cryptocurrency bear. This week, Stiglitz is getting a lot of attention for the latter. In a May 6 interview with CNBC, Stiglitz said we should shut down cryptocurrencies. Here’s everything we know. Joseph Stiglitz on Cryptocurrencies: The Latest This week, of course, is not the first time Joseph Stiglitz, 76, has discussed cryptocurrencies in a negative manner. Back in November 2017, Stiglitz…

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NASDAQ CEO | Friedman Thinks Crypto Deserves Place in Our Economy

It bodes well for cryptocurrencies everywhere that the CEO of the world’s largest exchange, NASDAQ, has their back. Specifically, Adena Friedman thinks they “deserve an opportunity to find a sustainable future in our economy.” The comments were made yesterday by Friedman in a posting on her LinkedIn profile. The president and CEO of the Nasdaq exchange was writing ahead of her scheduled appearance at the World Economic Forum at Davos. NASDAQ CEO and Crypto Friedman believes crypto will have an important part to play in the future, believing “the invention itself [is] a tremendous…

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BTC Price | Is it Game-Over for Bitcoin? Wall Street Analyst Thinks So

Both Bitcoin bears and bulls will be watching the BTC price over the weekend. While some see a potential corrective rally occurring, others believe the cryptocurrency is at the end of its road. One Wall Street analyst believes the latter. In fact, Jeff deGraaf said it’s “game over” for Bitcoin. But is that true? Wall Street Analyst Pessimistic about BTC Price Yesterday, CNBC reported that Jeff deGraaf of Renaissance Macro Research declared that Bitcoin is “permanently impaired.” He then added that investors should start betting against the cryptocurrency, but only…

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Ethereum (ETH) Price Prediction | Tom Lee Thinks ETH will Reach $2,000

Tom Lee has been a long-time crypto bull and has faced Wall Street head on. Lee is the managing partner and head of research at Fundstrat Global Advisors. Usually, he gives his price predictions on Bitcoin (BTC), but yesterday he predicted the price of Ethereum (ETH). Tom Lee Ethereum (ETH) Prediction “We believe Ethereum is about to stage a trend reversal and rally strongly,” Lee said in a note to clients Thursday. Ethereum, the world’s second-largest digital asset, is down more than 70 percent this year. In the past three months,…

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