Crypto Is A ‘Failed’ Asset Class, Says Renowned Economist
Economist and macro trader Alex Krüger has argued that “crypto” has largely failed as an asset class, even as blockchain-based adoption accelerates across stablecoins, tokenization, prediction markets, perps, AI and privacy-focused assets. In a post on X, Krüger drew a sharp distinction between the speculative crypto market of recent cycles and the parts of the industry he believes are still showing meaningful traction. His central claim was blunt: most crypto tokens have failed to produce durable value for holders, while founders and insiders have repeatedly used the sector’s weak....
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Economist and crypto trader, Alex Kruger has presented compelling arguments for why Bitcoin (BTC) should be viewed in a more positive light. The popular economist has emphasized the significance of holding Bitcoin, inadvertently encouraging investors to acquire the pioneer cryptocurrency as a safeguard against the devaluation of fiat currencies. Bitcoin As A Hedge Against Dollar […]
MicroStrategy, a publicly traded business intelligence company, is facing new heat as world-class economist Peter Schiff unleashes a blistering takedown of the firm’s all-in Bitcoin (BTC) bet. As the price of Bitcoin slides below key levels, Schiff has warned that MicroStrategy’s model cannot sustain itself, arguing that a critical flaw could push the company into […]
Last summer executives from Ark Invest and Coinbase released a paper called “Bitcoin: Ringing the Bell for a New Asset Class,” which defines the cryptocurrency as a new asset class for the 21st century. The paper written by Ark Invest’s Chris Burniske and Coinbase Vice President Adam White has recently been updated to reflect 2016’s end of the year data.....
India may be regulating crypto as an asset class under the purview of the Securities and Exchange Board of India (SEBI). In addition, a crypto bill is likely to be introduced during the Monsoon session of parliament, local media reported. Indian Government Reportedly Considers Regulating Crypto as an Asset Class The Indian government has yet to introduce a cryptocurrency bill. An existing bill seeks to ban cryptocurrencies. However, there have been reports of the government re-evaluating the recommendations within the bill. The New Indian Express reported Friday that top sources tracking....