Shiller says bitcoin is the best example of a bubble in the market today
Advertisement
Advertisement
Advertisement
China announced a ban on initial coin offerings on Monday which caused cryptocurrencies to stumble briefly. This ban could go beyond ICOs based on the language of the ban which may include cryptocurrency exchanges. But that isn't the only blow to cryptocurrency this week. Nobel prize-winning economist Robert Shiller said bitcoin is the best example of a bubble in the market today. Shiller is known for calling the last two bubbles before they happened and as the author of "Irrational Exuberance."
Get the latest Bitcoin price here.
Advertisement
- Fresh photographs of Milky Way’s black hole Sgr A* reveal strong, twisted magnetic field similar to M87*
- 8 Lesser-known places to explore in Himachal Pradesh
- Markets end FY24 on buoyant note amid positive global cues
- SRM Contractors IPO allotment – How to check allotment, GMP, listing date and more
- Rupee falls 6 paise to settle at 83.39 against US dollar