Mark Cuban’s Bizarre Bitcoin Rant Includes Baseball Cards and Bananas

Tech billionaire and Shark Tank personality Mark Cuban launched a savage takedown of bitcoin in a Wired video this weekend. He reeled off a list of well-trodden criticisms of the cryptocurrency, comparing it to baseball cards and slamming its ‘lack of intrinsic value.’ In a truly bizarre statement, he said he’d rather own bananas than …

Why Analyst Says Bitcoin Price Likely to Recover to $9,000 After 23% Pullback

The bitcoin price (BTC) fell by more than 23 percent against the U.S. dollar in the past week, triggering a fierce correction in the cryptocurrency market. Since falling to $7,700, the bitcoin price has recovered to $8,200, critically avoiding a steep drop to the low $7,000 region to test low-level supports in the short term. …

Is Ripple Decentralized or Not? Blockchain Expert Ends the Debate

Is Ripple decentralized or not? One expert weighs in. | Image: Shutterstock Ripple fans adamantly preach that the cryptocurrency runs on a decentralized network. A quick search of the term “Ripple Decentralized” on Twitter reveals hordes of accounts claiming that “The Standard” is decentralized in nature. Many are even ganging up in an attempt to …

Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It – CCN Markets

Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant …

Experts Weigh In on This Week’s 10% Bitcoin Price Spike – CCN Markets

Bitcoin price has gained this week but what’s behind the move? | Source: Shutterstock This week brought a small reprisal for bitcoin price and the broader cryptocurrency market as it witnessed $20 billion added to its total market cap by late Tuesday. This was also reflected by an approximate 10% gain for BTC alone; so …

Don’t Disrespect Our Crypto Trading Ban, Warns Burundi’s Central Bank – CCN Markets

Burundi’s central bank has enforced an outright ban on crypto trading. | Source: Shutterstock Burundi’s Central Bank has completely banned crypto trading in the country, specifically mentioning bitcoin, ethereum and a handful of other cryptocurrencies. The East African nation is also warning that “strong measures could be taken” against traders who flout the ban, in …

Dutch Central Bank’s Onerous Rules Put Crypto Players in Crosshairs – CCN Markets

The Dutch Central Bank is putting crypto companies on notice, saying it will even include their shareholders under its microscope. | Source: Shutterstock The Dutch central bank has run out of patience with the crypto space. The De Nederlandsche Bank (DNB) put certain players on notice that they have until 2020 to register. That’s when …

Amazon’s Secretive Crypto is Facebook Libra’s Biggest Threat: Report – CCN Markets

Facebook’s much-publicized and criticized crypto ‘Libra’ will see competition by one of the world’s biggest tech companies, Amazon, a report has claimed. | Source: Shutterstock; edited by CCN. Since Facebook announced the Libra cryptocurrency, a couple of other similar projects have been unveiled with all of them being dubbed potential ‘Libra-killers’. They include Venus, an …

Bitcoin Price Premium Surpasses $1,000 in Argentina amid Currency Controls – CCN Markets

A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: Shutterstock Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed. …