Live Breaking News & Updates on Calderwood Capital Research
Stay updated with breaking news from Calderwood capital research. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Breakingviews 7 Min Read LONDON (Reuters Breakingviews) - Three years ago, this column suggested that bitcoin, whose price soared 15-fold during 2017, faced a total wipeout. The cryptocurrency wasn’t money, but instead resembled the gold prospector’s fabled sardine tin: “good for trading but not for eating.” It was a timely call: over the following months, bitcoin shed more than two-thirds of its value. But now the crypto is back from the dead and trading at around twice its peak. Was my earlier bitcoin judgement wrong? A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. ....