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Finance Announcing this week he intended to “burst” the ecosystem’s “bubble” because of “Lambos” and “to the moon, and all that,” one of the most respected thought leaders in cryptocurrency, Andreas M. Antonopoulos revealed he believes bitcoin exchange traded funds (ETFs) are “a terrible idea.” The author of The Internet of Money and the seminal Mastering Bitcoin does think bitcoin ETFs are coming, but he also suggests bitcoin ETFs mean a kind of financialization that runs directly counter to the entire point of Bitcoin specifically and cryptocurrency generally. Also read: Bitcoin Stickers Attract Unwanted Attention from Authorities Andreas Antonopoulos Believes Bitcoin ETFs are a Terrible Idea “I am actually against ETFs,” Andreas Antonopoulos remarked during his brief video, Bitcoin Q&A: Why I’m against ETFs . For mainstreaming enthusiasts, those who hope to get more bitcoin core (BTC) adoption, the exchanged traded fund holds almost mystical appeal. The ETF is al...

Mining In recent news pertaining to cryptocurrency mining, Nvidia has witnessed a drop in its share price after announcing an unexpectedly modest earnings outlook – partly driven by reduced demand for mining hardware. Also, the World Digital Mining Summit has been scheduled for late September in Tbilisi, Georgia, and reports continue to surface detailing opportunistic students using college electricity to mine crypto. Also Read:  Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings Nvidia Shares Drop After Reduced Crypto Sales Fuel Declining Profits in Q2 The price of Nvidia stock fell by 6 percent on Thursday following the announcement of lower-than-expected revenue guidance . Despite the bearish response, the company reported better-than-expected earnings. As of this writing, Nvidia’s shares are valued at $247.25 USD each. Nvidia announced revenue projections of $3.25 billion for Q3 of 2019 – roughly 2.7% less than analyst estimates of 3.34 billion for ...