El-Erian: Crypto Will Become ‘More Widespread’ But Not ‘Dominant’

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Mohamed El-Erian, the chief economic advisor for Allianz, said Tuesday that he believes cryptocurrencies will become more “widespread” but as part of a broader ecosystem.

Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K

Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K

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Notoriously hacked cryptocurrency exchange Mt. Gox isn’t done with bitcoiners just yet. Just as it appeared the world’s most popular cryptocurrency was ready to strike above the stubborn high nine thousands in price, Nobuaki Kobayashi, Tokyo-based, court appointed trustee of the remaining bitcoin to be distributed among creditors, seems ready to flood another 8,000 coins…