Why Every Investor Should Be Looking at Cryptocurrency
Bitcoin investors rejoice as the cryptocurrency beat all global fiat currencies yet again in 2016. Cryptocurrency trading can provide a couple of advantages for investors over conventional trading as economists tend to distort traditional markets, whether intentionally or not. Reality vs. Economists’ Perception. Investors believed in the dismal science of economic analyses and ratings like religious zealots. Often, the economists’ views on the markets surfaced as meticulous mathematical outputs and philosophies. But the truth may be further than it seems. In the attempt to understand the....
Related News
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency, stating that “if and when all our money is on our computer, it’s going to be government money.” Nonetheless, he noted that his wife invests in crypto.
Jim Rogers’ Crypto Warning
Famed investor Jim Rogers shared his view about cryptocurrency in an interview with Bloomberg, published last week. Rogers is George Soros’ former business partner who co-founded the Quantum Fund and Soros Fund Management.
....
In 2018, legendary investor Warren Buffett referred to the cryptocurrency as "probably rat poison squared."
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped.
Offer Must Be Supported by 75% of Creditors
According to a report by Moneyweb, Africrypt creditors are set to vote on the compromise offer on November 12, 2021. However, this offer can only become an order of the court if it receives support from 75% of the creditors.
As previously....
A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under investigation by the South Korean police. “I felt like I was going to die,” he said about losing his investments. Investor Under....
On May 6, 2015, Cryptor Trust launched Blockchain Investor Inc. (BCI), a blockchain technology investment company. Cryptor Trust, a global investment company for bitcoin and cryptocurrency assets, has developed BCI to facilitate investments in industry-leading blockchain technology companies. Both small and large-scale investors from around the globe are invited to participate in the Blockchain Investor Inc. open cryptocurrency offering until June 5. A total of 50,000,000 shares will be offered at a fixed per share value of 0.001 BTC and a total of 50,000 BTC.