Search results for "TULIP"
09:41

Economic analysis of historical speculative frenzies reveals the fundamental differences between the value of BTC and traditional bubbles.

From the "Tulip Mania" in the Netherlands during the 1630s to internet memes stocks like GameStop and AMC during the pandemic, history is filled with various peculiar asset price fluctuations. But what exactly makes them financial bubbles? The price of Bitcoin has currently reached about $108,000, up from $55,000 a year ago and $9,200 five years ago. Does this reflect the fundamentals? Possibly. Looking at recent market trends, even in developed economies, policy-induced inflation could shrink the value of your savings by 20% or more. US President Trump has shown a clear inclination to support crypto assets, even mentioning the establishment of a government strategic cryptocurrency reserve. Other store of value assets like gold can be quite tricky for the average investor to buy and sell.
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BTC-1.2%
01:38
A UK court has ordered Tulip Trading, owned by Craig Wright, to prove ownership of about 110,000 BTC, the BTC at the heart of a lawsuit filed in 2021 against a group of BTC developers. (CoinDesk)
BTC-1.2%
16:17
Craig Wright's Tulip Trading needs to prove ownership of about 110,000 BTC BTC, which were at the heart of a case filed against a group of BTC developers in 2021, according to a UK court document. The developers are filing a lawsuit with Tulip alleging that they wrongly refused to help Wright's company recover billions of dollars worth of BTC lost in the hack. According to the order of the High Court of England and Wales published on the website of the BTC Legal Defence Fund, in the preliminary trial, the court will determine whether Tulip actually owns BTC. The order is dated November 15. The preliminary trial, which is expected to last 15 days, will also determine whether the alleged hacking took place and, if so, whether it deprived Tulip Trading of its private keys to control BTC.
BTC-1.2%
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