The Wall Street Journal Asks, "Does Bitcoin Have a Future?"
The Wall Street Journal is no stranger to bitcoin. It has reported on the digital currency before, but now the publication is asking, "Do cryptocurrencies such as bitcoin have a future?" What's particularly interesting about the article is that it presents both sides. It presents evidence to suggest that bitcoin does indeed have a future in the financial spectrum, and it presents evidence to suggest that it will dissipate within a matter of time. Perhaps the article is not willing (or for whatever reason, not able) to take sides, and would like its readers to think for themselves and....
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Bitcoin in the Headlines is a weekly look at global bitcoin news, analysing media coverage and its impact. The media seems to have hit on a winning formula for bitcoin coverage. Just when you thought publications might be tired of framing bitcoin as an endless debate, The Wall Street Journal threw a spanner into the works with a prominent feature on the subject in its print version. Still, while the Journal did attempt to put bitcoin in the spotlight, most outlets continue to link the digital currency to less desirable trends. Don't worry, there's been plenty of talk relating to drugs,....
It’s time for the old-school Wall Street Journal and new media Slate to chip in. As we continue our exploration of the way the American media portrays El Salvador’s decision to make bitcoin legal tender, we find out that it’s not that bad. We could describe it as cautiously optimistic with a touch of plausible […]
According to a recent report by the Wall Street Journal, cryptocurrency giant Binance has ceased offering its clients the option to conduct peer-to-peer transactions through sanctioned Russian banks. This decision comes just days after a Wall Street Journal exposé shed light on how the exchange allegedly facilitated the movement of funds from Russia to other […]
Washington-based and now defunct company Alydian (a CoinLab project) is seeking to take offers on 36 mining rigs in three data centers they were hoping to use in their operation before things went south. The company went out of business due to excessive debts, which is estimated to be in the neighborhood of $4 million. When bitcoin mining difficulty went up, the company found itself struggling - dealing with equipment less powerful than that of competitors. Alydian officials haven't said what they're looking to sell for, but according to the Wall Street Journal, was told that they "may be....
This week's Crypto Biz newsletter: The Wall Street Journal questions Tether's business model; venture capitalists are scooping up crypto at rock bottom prices. In the world of crypto, FUD stands for fear, uncertainty and doubt. It’s often evoked intentionally to draw negative attention to a particular project or business. One of crypto’s most enduring legacies has been the constant FUD surrounding Tether, whose USDT stablecoin commands a market capitalization of nearly $68 billion. Whether intentional or not, The Wall Street Journal ran a story this week claiming that Tether was on the....