Binance CEO Changpeng Zhao has apologized for causing concern among the crypto community when he openly spoke about the possibility of a rollback for the Bitcoin blockchain following confirmation of a hack leading to the theft of USD 40 million worth of bitcoins on its platform.. The rollback had caused a sharp backlash, particularly among Bitcoin-only communities, aghast at the very concept ... Former Business Insider editor, Joe Weisenthal, wrote in a feature tilted ‘Bitcoin Is A Joke’ that bitcoin is a bubble. “Make no mistake, Bitcoin is not the currency of the future. It has no ... Bitcoin traded above $11,000 for the first time in 15 months, recouping more than half of the parabolic increase that captured the attention of mainstream investors before the cryptocurrency ... Binance.US looks to be far more limited than regular Binance, with only Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and Tether trading available to start. Further, Binance.US will require identification information to sign up in order to comply with regulations. Apparently, Binance.US will be available everywhere besides New York, due to the New York Bitlicense regulations. At this time ... At its current valuation, the consultancy concludes bitcoin is a bubble "waiting to burst." If Bitcoin is not adopted as payment method, the firm predicts a major BTC correction to $1,800 that'll also drag the cryptocurrency market down 70% to $223 billion later this year from its current position above $700bn, reported Business Insider. On the Luxembourg-based Bitstamp exchange, bitcoin hit a three-week high of $11,722.58 on Tuesday. It was last up 3.4 percent at $11,555. From this year's low of $5,920 in early February, bitcoin ... JPMorgan CEO Jamie Dimon says bitcoin is worse than the most infamous asset bubble in history. The cryptocurrency is "worse than tulip bulbs" according to
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