Breaking NewsValkyrie Futures-Based Bitcoin ETF Gets SEC Green Light to Start Trading        Bitcoin sees temporary flash crash, hits $8200 on Binance        Bitcoin Price Analysis: The return of The Raging Bull        Drug dealing and extortion, two young men arrested in Lonate Pozzolo and Cardano al Campo        Bitcoin ATM: Walmart Kicks Off Pilot Program Allowing Shoppers To Buy Crypto In US Stores        Bitcoin Supply Shock: Reserves Drop To Lows Not Seen Since October 2017        Ethereum Price Prediction: ETH/USD Slides Under $4000 Level        Less Than 17% Addresses Control Over 80% of NFTs on Ethereum: Report        Cryptocurrency Prices Today: Bitcoin Slides Further, Ethereum Down Over 2%        BSC developers propose additional measures to raise BNB’s value        ING says blockchain, crypto presents Blockbuster moment for banks        After Bitcoin hits another lifetime high, an analysis of what lies ahead?        Top 3 Price Prediction Bitcoin, Ethereum, XRP: Crypto bulls unfazed by flash crash        Valkyrie Launches Bitcoin Futures ETF on Nasdaq Exchange        Newcomer Crypto Explodes After Abrupt List of Altcoins on Binance        BNB to rise over 30% as Binance Smart Chain proposes to burn BNB fees like Ethereum        New proposal aims to increase the value of Binance Coin by burning BSC fees …        Reddit Seeking Backend Engineer for NFT Platform        This Rare $24.3 Million California License Plate Could Soon Be the Most Expensive Ever Sold        Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind …        Valkyrie’s Bitcoin ETF Launches On Nasdaq        Bitcoin Creates Digital Ownership For The First Time        Walmart Rolls Out Installation of Bitcoin ATMs        Why Ethereum can surpass Bitcoin in the near future        Ethereum Classic Could Break Short-Term Resistance And Pop        Hero Arena (HERA) Plunges Within A Week: HERA Announces Collaboration With Poolz        Dealers-extortionists: beatings and threats to “collect”. Arrests in Lonate and Cardano …        Here’s Why Solana Is Gaining Today        Terra’s Do Kwon Was Served By SEC at Crypto Conference        JR Has Created a New NFT Installation for a Great Pyramid of Giza Exhibition        Snoop Dogg joins the Harlem Globetrotters for the first NFT sitcom        TIME Names 12-Year-Old Who’s Sold Nearly $4M In NFTs As First Artist-In-Residence        Stock futures slip after the S&P 500 hits a new record—Bitcoin sputters        

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UBS Executive Paul Donovan Blasts Bitcoin Again, States Cryptos Are ‘Fatally Flawed’

UBS Executive Paul Donovan Blasts Bitcoin Again, States Cryptos Are ‘Fatally Flawed’

Swiss bank UBS’ Wealth Management Global Chief Economist and infamous Bitcoin skeptic Paul Donovan doubled down on his distrust of cryptocurrency Nov. 29, calling it “fundamentally flawed.” Speaking to CNBC’s Fast Money segment, Donovan, who earlier this week released an internal blog post titled “I come to bury Bitcoin, not to praise it,” repeated his criticism of the innovative financial instrument.






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