Adam Back, Blockstream CEO and co-founder, joins 'Closing Bell Overtime' to talk the downturn in Bitcoin, the state of the crypto space, and much more.
Add Yahoo as a preferred source to see more of our stories on Google. Adam Back, CEO of Bitcoin-focused software company Blockstream, attempted to distance himself from disgraced financier Jeffrey ...
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'Bitcoin retail investors are all in' and that's why there's no floor, Blockstream CEO says
Blockstream CEO Adam Back told CNBC that Bitcoin BTC lacks downside support because retail investors are “all in” with no cash left to buy dips, explaining the 25% year-to-date decline. Back on Monday ...
Back on Monday explained that Bitcoin’s weakness during sell-offs stems from how retail investors hold the asset. Unlike traditional stock investors who can sell one holding to buy another when prices ...
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