Banks Down 99% In Value Against Bitcoin; Data Shows

Bitcoin now makes the world’s largest banks look literally worthless courtesy of new data showing returns on their shares. Banks Bite The Bitcoin Dust Published by research firm Messari on July 9, the five-year returns of the world’s six biggest lenders make for grim reading when valued in BTC.  According to Messari, since 2014, Deutsche Bank returns have fallen 98.9 percent in Bitcoin terms.  The stricken German institution, which this week began mass staff layoffs which will affect 18,000 people, fared the worst out of the banks under comparison. Next…

Read More

Winklevoss Twins: 'It's the Bottom of the First Inning' for Bitcoin

Cameron and Tyler Winklevoss have big plans for the crypto exchange, Gemini, not to mention their expectations for bitcoin. In a panel discussion with “Bitcoin Billionaires” author Ben Mezrich and The Wall Street Journal’s Paul Vigna, the Winklevosses discussed bitcoin and the crypto landscape. In what appears to be a packed house, they left no […] The post Winklevoss Twins: 'It's the Bottom of the First Inning' for Bitcoin appeared first on CCN Markets

Read More