In 2017, Bitcoin led a motley pack of other cryptos, which saw the alternative currencies reach record highs. These digital currencies hit average highs of 1,400%. After the New Year celebrations, the virtual currencies took a different direction. This time, they recorded an epic bust. But after a while, the dust began to settle. Obviously, the … Continue reading “Cryptocurrency Bear Market: What Comes Next?”
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Cryptocurrencies: A Year Ago, Bitcoin Traded at $8,200
One year ago, U.S. cryptocurrency investors had an amazing Thanksgiving. Indeed, Bitcoin (BTC) was trading at $8,200 USD at the time. After a minor correction in October, the preeminent cryptocurrency continued to head northwards. There is no denying the fact that the U.S. cryptocurrency community was in a celebratory mood. Yes, the Thanksgiving celebration was … Continue reading “Cryptocurrencies: A Year Ago, Bitcoin Traded at $8,200”
Nvidia Stock Drop Not to be Blamed on Crypto Bear Market
Over the last couple of months, many companies in the crypto space closed shop while others suffered huge losses. The bear market seems to be the scapegoat for most organizations such as Nvidia. These companies claim that the decrease in cryptocurrency activities caused them to lose more than they anticipated. While this might be true … Continue reading “Nvidia Stock Drop Not to be Blamed on Crypto Bear Market”
Regulators Drafting Cryptocurrency Regulations, Despite Bear Market
Financial authorities are still trying to find the right legal framework to regulate cryptocurrencies. Different jurisdictions have different laws. All, however, seem to agree on one thing that the crypto space requires: regulations. To create a working framework, governments and financial authorities have spent hours behind closed door trying to figure out the right approach,. … Continue reading “Regulators Drafting Cryptocurrency Regulations, Despite Bear Market”
The Key Reasons Why Cryptocurrencies are Falling Again
For some months now, the price of BTC steadied around the mid-$6,000 USD mark. As a result, expectations were high that a market rally was near. Sadly, they were so wrong. The truth is, BTC keeps falling, spurring massive sell-offs of digital assets. To add insult to injury, BTC has plummeted by 12% over the … Continue reading “The Key Reasons Why Cryptocurrencies are Falling Again”
Bitcoin (BTC) Drops to its Lowest Price in 12 Months
Just when Bitcoin (BTC) bulls think that the storm was over, they realize how wrong they were. From the look of things, market indicators for a possible rally are discouraging. Indeed, these are no mere speculations as the BTC price again plummeted on Wednesday, falling to the lowest price in 12 months. This price dip … Continue reading “Bitcoin (BTC) Drops to its Lowest Price in 12 Months”
Bear Market Advice: Buy Small Cap Altcoins
2017 was a good year for the crypto industry. Currency prices were bullish, reaching all time highs and crypto businesses had a booming year. Over USD 7 Billion was raised during token sales and speculation was rife that the markets will be bullish for a long time. Then came 2018 and cryptomania was over. Most … Continue reading “Bear Market Advice: Buy Small Cap Altcoins”