Economist Calls Bitcoin “Massive Bubble” After Price Hits Record High

Bitcoin’s potential as an emerging safe-haven alternative to gold raised its demand among institutional players in 2020. But a prominent economist is still skeptical about the cryptocurrency’s growth. David Rosenberg, the chief strategist at Toronto-based Rosenberg Research & Associates, said in an interview with Bloomberg that Bitcoin is a “massive bubble.” He criticized the flagship…

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Nimbus Project: Redefining the DeFi Space

The term FinTech – short for financial technology is relatively new, popularized by over a decade-old cryptocurrency revolution.  The latest development in the blockchain-backed FinTech industry is decentralized finance (DeFi). What makes DeFi special is its potential to provide alternatives to many traditional financial products and services at a fraction of the cost while reducing…

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