Cryptocurrency Market Rebound (It’s Happening Now)

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Cryptocurrency Market Rebound (It’s Happening Now)

South Korea Says No Ban For Bitcoin

After retracing more than 50% of its value the rebound in Bitcoin and the broader cryptocurrency market has begun. The correction was caused, among other things, by fears South Korea would ban all Bitcoin trading. The ban was nearly enacted but widespread outcry prevented it from happening. Now, South Korea’s officials remain divided on the subject, have still banned anonymous trading, but have allowed cryptocurrency trading to continue otherwise unabated.

The move has sparked huge moves in the market that are the precursors to much larger moves. Bitcoin itself has risen more than 50% from its recently set lows and looking to move higher. A full retracement to the December highs would mean gains near 90% from today’s prices. On a technical basis the move is supported by the indications but has a long way to go. Stochastic and MACD are both bullish and pointing higher, suggesting the near term up trend will continue. Prices are consolidating above the moving average which is another plus, a bounce from which would be bullish. A move higher may go to $12,250 over the next couple of weeks. A move above that level would be very bullish.

Ethereum, the younger and more tech-savvy cousin of Bitcoin, is also moving higher. The coin has broken above a key resistance level and now consolidating above the short term moving average. The indicators are both bullish and in support of higher prices so a move up is likely. The first target for resistance is $1,000 but that is likely to be broken in favor of $1,100 or even 1,200 in the near term. There are a couple of catalysts for this token in the upcoming months. I expect them to drive ETH aboe the previous highs near $1,400. Longer term this one looks like it could double by the end of the year.

Litecoin is the hottest coin of the moment as it move up on the triple shot of South Korea, an upcoming application launch and dubious hard-fork. The coin is already up more than 100% from its lows and poised to move up and test a key resistance. The application launch is a an interface that will allow merchants to accept LTC and instantly convert it to dollars. The app is going to be Visa friendly and usable worldwide. The hardfork may be a scam but its hard to tell. In order to get your new tokens you have to send your token keys to some wallet I’m not sure exactly but it sounds like a scam. PS, Charlie Lee, LTC’s founder, say’s its a scam so I’m listening to him.

What Is Happening With Bitcoin

Here’s What’s Really Happening In The Bitcoin (btc) Markets Right Now – Global Coin Report

January 18, 2020 By Samuel Rae 158Views 0Comments Its fair to say that action over the first few days of this week in the cryptocurrency markets has been a bloodbath. Prices of all of the major coins declined by 50% or more in some cases and sentiment took a steep in the wake of the dip. On Thursday, however, price is starting to recover. Were seeing double-digit gains across the majority of the top twenty coins by market capitalization and sentiment, to a degree, is easing somewhat. But the question on everyones lips is, whats next? And specifically, as relates to Bitcoin (BTC), is this the start of a longer-term bubble bursting scenario (as the mainstream media is suggesting ) or are we seeing nothing more than a correction against the longer term trend and, in turn, does todays action represent a bottoming out of said correction? On December 17, 2020, BTC reached highs in and around $19,800 a coin. By December 22, this had dipped to around $13,200 a piece a dip of almost exactly one third in market capitalization across the five-day period. At lows on Wednesday, January 17, BTC broke through the $10,000 floor to post lows at $9,650. These lows are around 25% off the above mentioned $13,200 price, and represent a more than 50% dip from all-time highs. In a traditional equities environment, this sort of decline would be tough to see as anything but an outright collapse. This is cryptocurrency, however, and anyone thats held bitcoin for more than a year or so will be all too familiar with these sorts of dips. Price fell more than 33% back at the start of September last year. BTC dipped 25% back in May, 2020. Again, a 25% dip came back in June 2020. A 35% dip took place at the start of January, 2020. At the end of 2020, price fell from $1131 to around $550. Thats a dip Continue reading >>

Whats Happening? – Bitcoin

Its not crashing – its falling with style! People start new networks, and try and pitch their bag to get rich. They fool the new users into thinking their network is better (almost always a lie, BTC is still the best tech). Eventually, the market shakes out and all rivers lead back to BTC. Let this make you less worried If you’re going to post panic FUD, this is how you panic the real healty value of bitcoin appears to be around 8k USD, follow the graph the recent pump to 20k obviously unsustainable we need to come down to a healthy level The healthy level was more around $1k, its all been pump and hype since that point If we are pointing out healthy levels, at what level should a currency that is 22 trillion in debt be? I think if we stay at a certain price range for a while the media will stop shitting on the “BTC bubble” and could will build positive momentum from there. Bitcoin ecosystem is insolvent thanks to tether. The party’s over. Everybody’s on their way out. The 2020’s 80% crash took 2 months. We’re ahead of schedule. That was mtGox specific. This is a slow bleed to reality more like 2020? I’m not discussing why public lost trust in Bitcoin now, as opposed to 2020, I’m describing how the crash rolled on. But yeah, you’re right. IIRC, it was down 60% within month or so. Then slowly bled to the 80% low. We’ve gone 50% down in less than two weeks. We are sill ahead of the schedule. Probably due to more exchanges and better trading. People can move money a lot faster than in 2020. It’s not about how fast you can move money out of the exchange. It is about how fast you can move your Bitcoin to the exchange to sell it. The mempool did not get as bogged down in 2020 as it did in last week’s selloff. The sheer amount of transactions filling the mempool is what Continue reading >>

News – Bitcoin News

Coinsource Adds 18 Bitcoin ATMs in Atlanta, Among Ten Most Unbanked US Cities The Texas-based bitcoin ATM network, Coinsource has deployed 20 new machines in the state of Georgia, marking its single largest installation to date. 18 bitcoin ATMs have been installed in the city of Atlanta, and 2 machines in the nearby college town of Athens.Also Read: NYU Plans to Launch an Undergraduate Course in CryptocurrenciesThe company’s CEO Sheffield Clark said, This is a major opportunity. Japan Increases Lead Approves Another Four New Cryptocurrency Exchanges The Japanese Financial Services Agency has approved four more cryptocurrency exchanges to legally operate in Japan. This is the second round of approvals by the agency; the first was for 11 exchanges in September.Also read:No Regulation Needed Moscow Stock Exchange Plans to Trade Bitcoin FuturesMore Crypto Exchanges Approved by FSAThe Japanese Financial Services Agency (FSA) has posted on its website the details of. Bitcoins Price Rocket is Bringing Out New Prophets of Doom: Nobel Economist, Vanguard Founder, Fed Governor Curiously, bitcoin’s success has brought out new prophets of doom (few below 60 years of age though), and the digital asset’s price only fuels their predictions: Nobel Prize-winning economist wants it outlawed, a legendary investment guru says it’s a plague, and a Federal Reserve Governor worries financial stability itself might be at risk.Also read:Egypt Finance Attorney General Calls for International Governance of BitcoinNobel Economist. Bitcoin Cash Network Status: Transactions On the Rise The Bitcoin Cash network is trucking along as the blockchain is currently finishing up its fourth month of existence. As more adoption and infrastructure support has been added to the BCH network over the past Continue reading >>

Bitcoin Price – Latest Updates: Cryptocurrency Surges Towards $10,000

Bitcoin price – latest updates: Cryptocurrency surges towards $10,000 The value of the digital currency has shifted wildly over recent weeks. This article is being regularly updated with the latest changes The value of bitcoin has seen significant gains over the last week, following a period of relative stability hoveringabove $9,000. If it continues its good form, it could break above $10,000 in the coming days. The volatile cryptocurrencys price has shiftedwildly eversince mid-December – whenit hit a record high of more than $19,850 (14,214)- with frequent heavy drops and speedy recoveries. Its priceplummet back to earth in January and February, as governments and central banks around the worldraised the spectre of future regulation. Bitcoins value plummeted again shortly before Christmas, dropping by almost $2,000 (1,449) in just an hour at one point, and almost slipping below the $11,000 mark (7,970). It then bounced back, before tumbling again in mid-January, recovering again, and plummeting at the start of February before levelling out for the rest of the month. March saw bitcoin’s price drop below $10,000, reachinga low of $6,500 before rebounding above $7,000. Aside from the looming prospect of regulation, aseries of high-profile thefts have also had a hand in the sudden rapid dips in value bitcoin and its rivals have experienced – the most recent of which was a failed raid on the Binancecryptocurrency exchange . Google’s announcement that it would ban cryptocurrency advertising from its pages from June on the grounds that it considers it “deceptive content” was also a major blow to the sector. Recent goings-on have demonstrated just how quickly things can change for investors. It is worth $9,675as of Fridaymorning, up from around $6,500 in early April, accordi Continue reading >>

Whats Happening With Bitcoinprices

Sure, were in a bubble, granted. But whats that mean and whats likely to happen? Heres a few things at play: Currently theres two charts you need to understand with regard to Bitcoin. The first is the bubble graph and the second is the current price graph This is institutional investors pullingout The only thing that causes a chart like that is a large holding selloff that clears the market and pushes the price down. Theres enough limit orders to rebound the market almost instantly. But what if someone else does this again before new limit orders are placed? You have this. The price drops in the large selloff but since theres no limit orders to rebound it, it drops again, until it goes into the new territory where then it rebounds up to the previous bottom since theres still no orders to fill those prices. Numerous large sell-offs in quick succession. The way the price rebounds this time is via the general public who doesnt have triggers set or any notification system. They dont do technical analysis and arent savvy enough to place limit orders. Instead, this is in human time, as they check their phone apps about the price and then sees its down and buys. They gradually put more money into the market and this works so long as theres a sufficient amount of time before the next selloff. If the selloffs happen quicker and are larger than the human buying rebound time then you see the price drops. Ever wonder why some exchanges take about a week to process the sell? Or why youre debited instantly but when you sell it takes a few days to be credited? It might, but not necessarily be because these institutions dont have the liquidity to actually pay you. The important thing to realize is the exchanges arent selling the Bitcoins on the open market nor are they transferring an Continue reading >>

What Is Bitcoin? What You Need To Know About Cryptocurrency

If you own bitcoin or other cryptocurrencies, it might be a bad day for you. The price of bitcoin plunged by 15 percent this morning , dropping below $12,000 for the first time since Dec. 4. Other cryptocurrencies have also seen price declines, with Ethereum falling by 20 percent and Ripple falling by 33 percent. The plunging prices are a stark difference to the success bitcoin saw last month hitting a record of nearly $20,000 on Dec. 16. Currency of the future? Some argue its bitcoin As the digital currency Bitcoin surges in popularity, curious investors and entrepreneurs alike are watching closely to see what happens with the fluctuating prices. Dont understand the basics of bitcoin? Heres what you need to know: 3 Kettering’s Tenneco to invest $61 million in plant, add 300 jobs Bitcoin is a cryptocurrency, or a digital token, that can be sent electronically and directly from peer to peer. There is no physical backing and it is a decentralized currency meaning it is not controlled by any government or banking entity. Bitcoin is the first cryptocurrency ever created, and remains the most popular one to date. I tell people its a digital currency and its a program, said Jad Mubaslat, Wright State University graduate student and founder of BitQuick.co, a bitcoin trading platform. For the first time in history, it allows anyone anywhere in the world to send any amount of money instantly. Most importantly, it;s without a third party like a bank or a government. Now, you can truly send your money without somebody telling you what you can or cannot do. The record of all bitcoin exchanges and transactions are record on what is called the blockchain, which is a network of decentralized computers. Bitcoin was created by an unknown programmer going by the name Satoshi Nakamoto in Continue reading >>

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Bitcoin Is Tanking Hard Right Now Heres What Happened

Were three for three when it comes to substantial Bitcoin crashes. After the slumps of January and February, the first significant Bitcoin price crash has just arrived, taking the price well below that magical $10,000 mark that makes many people feel safe for the sixth time this year. Theres nothing special about that price point, and just because Bitcoin is trading at significantly lower levels than Thursday, it doesnt mean the market wont recover at some point soon. The same thing happened after in the two previous bloodbaths. Bitcoin may have no reached its mid-December heights, but it was able to get back above $10,000 every time. Don’t Miss: Try this $29 Wi-Fi range extender before you spend $300+ on a mesh system It all started a few days ago when the Securities and Exchange Commission (SEC) announced that crypto exchanges will have to obey the same rules as everyone else. Right about the same time, some Binance traders were spooked, as they discovered that someone had traded their altcoins away. Binance stopped withdrawals and investigated the matter, concluding that some people may have been hacked via phishing schemes, and thats how attackers were able to mess with their accounts though they were not able to steal any cryptos or money, the company said. If thats not enough, it was discovered that Mt Gox trustees have been selling massive amounts of Bitcoin to raise funds to pay the creditors of what used to be the largest Bitcoin exchange in the world before being hit by a huge hack that eventually led to its demise. Per Bloomberg , Mt Goxs Tokyo attorney and bankruptcy trustee said in a creditors meeting this week that he has sold $400 million of the companys Bitcoin since September. Nobuaki Kobayashi is in control of a pool of more than 166,000 Bitcoins as o Continue reading >>

What The Heck Happened To The Cryptocurrency This Week?!

What the Heck Happened to the Cryptocurrency This Week?! Your browser does not support HTML5 video tag. Click here to view original GIF Fear, Uncertainty, and Doubt. These three words are the bane of Bitcoiners existence. Cryptocurrency enthusiasts use the acronym FUD to describe any negativity that might be swirling around the market that causes prices to drop. And the FUD was strong this week, when the whole cryptocurrency ecosphere got fucked. Two major corrections over the last month have caused the price of bitcoin to plummet by 45 percent , and the entire cryptocurrency market has fallen with it. So, has the bubble burst? Probably not just yet. When will it? Nobody knows. All thats certain is that people who bought in at the peak of cryptocurrency fervor are currently getting their asses handed to them. Meanwhile, reports of people taking out loans and mortgages for the privilege of getting hosed are more common than ever. Financial outlets are already charting the rise and fall of Bitcoin , and on January 15, the normally unflappable loyalists on Reddit were straight up admitting that doomsday had come. Over the course of 2020, the price of one bitcoin went from around $900 to just over $19,000. This led to average Joes wondering what they were missing and trying to figure out how to buy into this whole Bitcoin thing. In a month, bitcoins price jumped by 200 percent, hitting yet another all-time high. It seemed like it couldnt fall until it did . And then it did it again . There are a lot of factors driving fear in cryptocurrency markets at the moment, but from a big picture perspective, you can really focus on three factors: governments, whales, and ICO madness. In 2020, none of these factors seemed to be capable of taking down Bitcoin. Governments would make a Continue reading >>

Ripple, Ethereum, Bitcoin Price Drop: Whats Happening To Crypto?

Ripple, Ethereum, Bitcoin Price Drop: Whats Happening To Crypto? After a record high near the end of December, Bitcoin price and the price of other topic cryptocurrencies like Ripple and Ethereum dropped massively. Theyve since started to recover, but today took another downward turn. Over the last 24 hours, the Bitcoin price has dropped by 6.15 percent at a current price of $9756.14, with currencies like Ripple and Ethereum also seeing a similar drop. While the majority of these cryptocurrencies have bounced back since the recent crash near the beginning of the year, were continuing to see a large amount of fluctuation when it comes to Bitcoin price and the price of all major cryptocurrencies. With the massive highs we saw near the end of December, many first-time investors threw their hat in the ring in an attempt to capitalize on the continued ballooning value of the worlds hottest cryptocurrency . It appears as if the Ripple, Ethereum, and Bitcoin price wasnt meant to be, however, with a huge crash over the course of just a few weeks which left many investors with a bad taste in their mouths. For newcomers to the idea of cryptocurrency, this was a massive shock and a huge loss of money. For those who have been following the path of the Bitcoin price for the last couple of years, however, this is definitely par for the course. Cryptocurrencies in general have a value based on speculation, which is a large reason why the Bitcoin price can vary rapidly from week to week and even on a daily basis. These fluctuations make currencies like Bitcoin, Ripple, and Ethereum a risky investment, but with high risk often comes the potential for high rewards. Despite this recent crash from a record high of close to $20000, the Bitcoin price is still significantly higher than it wa Continue reading >>

What Exactly Is Happening To Bitcoin On August 1st?

What exactly is happening to Bitcoin on August 1st? There is a lot of confusion on what is going to happen on August 1st?. Just to clarify, it is not yet confirmed that Bitcoin will split in two on 1st August. There are series of events that will finally decide the fork. I will try to explain the whole thing in a very simple way. It might be a long explanation but will try to keep it as simple as possible. Lets start. Bitcoin network is designed in such a way that it caps the amount of information on its network, meaning the information in each block in blockchain. This was proposed initially to protect it from cyber attacks. Hence, there is a restricted amount of transactions it can process which we call as Block Size Limit. Note: For those who dont understand, what block size and blockchain is, you can think it as an infinitely long library with infinite number of fixed size shelves (that can hold say 50 books) arranged in a row. Here, Shelves arranged in a row = Blockchain, I hope this clarifies the concept of Blockchain. Now, as Bitcoin is gaining more and more popularity, the number of transaction are increasing at a very high rate which results in high transaction time and processing fees. Hence, the efficiency of system has reduced. To address this issue, a lot of proposals were given (Bitcoin Improvement Proposals – BIP) by two different groups: Group of Miners – Miners are the one who deploy costly equipment or super computers to verify transactions. They form the base infrastructure of bitcoin network. As per miners, the block size limit should be increased and this will reduce the network congestion. Core Developers – The core developers aim at providing error-free bitcoin network. They propose to move out some of the data from block. As per them, this chang Continue reading >>

Why Is Bitcoins Price Down To Two-month Lows?

Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as weve seen in the recent past. At the time of writing, the total cryptocurrency market cap weighed in at$459 billion, down from January highs around $830 billion. Its acontraction to be sure, but not a low for the last 30 days (that low came on January 18 ). Is this the bitter end for Bitcoin? For cryptos? Well, no, probably not. Get your head screwed on right and youll see that (for better or worse) many coins have seen unprecedented growth in the last six months to a year, even with Bitcoins price halved from holiday highs closer to $20,000. On this day last year, Bitcoin was sitting pretty at $982. At the height of Decembers craze, most reasonable crypto-watchers could agree that the price was overheated and there was only one way for it to go in the short term. Still, in the thick of the current correction, Bitcoins longer-term growth is anyones guess. Cryptocurrency die-hards expecting the price to bounce back, even partially, will see these tanking numbers as the perfect entry point for getting in low and maximizing gains. Late speculators who got in during the mass crypto hysteria of the holiday season arent likely to have such steady hands, a factor thats likely contributing to the slide. So whats causing the slide to begin with? As usual, no one thing can be blamed for Bitcoins current downturn, but recent skittishness around a subpoena for Bitfinex Continue reading >>

Cryptocurrency Crash: Bitcoin, Ripple, Ethereum Bubble Pops | Money

The cryptocurrency market, long described as a bubble thats bound to pop , is crashing hard this week. Several cryptocurrencies decreased by more than 25% over the past 24 hours, and $100 billion in value simply disappeared in a single day. Bitcoin, the leading cryptocurrency, is down more than 60% off its all-time high hit less than two months ago. The value of each unit of Bitcoin dropped as low as $7,700 on Friday, compared to $10,000 on Wednesday and around $20,000 at its peak in December. Other cryptocurrencies are plummeting in value as well, with Ethereum , Litecoin , and Ripple decreasing at least 25% over the past 24 hours. Ethereum dipped from $1,100 to as low as $830, while Litecoin fell from $150 to $115, and Ripple plunged from over $1 to $0.72. Lesser-known cryptos, like Stellar and Cardano, are down more than 35% in the past 24 hours, according to the digital currency-tracking site CoinDesk . Overall, the total market capitalization of all cryptocurrencies taken together has dropped more than $100 billion, the site reported. Ripple was a particularly hot cryptocurrency investment at the end of 2020 and start of 2020, skyrocketing from $0.25 to over $3 in less than a month. It is now down more than 75% off its peak, including a 35% drop just within the past 24 hours. In other words, if you invested $1,000 in Ripple yesterday, it could be worth as little as $650 today. Youd be in even worse shape if you purchased Rippleor Bitcoin, Ethereum, or any other cryptowhen the market was peaking. A $1,000 investment in Bitcoin in mid-December would be worth less than $400 right about now. Whats happening? Its difficult to explainother than saying that the drastic decrease in cryptocurrencies makes about as much sense as their insane rise in 2020. In other words: No Continue reading >>

Bitcoin Is Bonkers Right Now. Here’s Why You Shouldn’t Count It Out.

Bitcoin is bonkers right now. Here’s why you shouldn’t count it out. Better security and smart regulation is a good start. By Rob Verger posted Feb 6th, 2020 at 6:08pm Bitcoins price is a moving target. In the short term, the cryptocurrency is plunging in value: from north of $17,000 a month ago, it crashed down to around $7,500 today. The fluctuations are enough to make anyone wonder: Whats going on? In the simplest sense, Bitcoins price is determined through a process of price discovery on exchanges , like GDAX, where it and other cryptocurrencies are bought and sold. But the bigger picture is more complex. Many factors, like regulation, possible regulation, or comments from a government official can affect whether people want to buy in on the crypto game. And that affects the price. One thing is clear, though. Its been a wild ride, says Christian Catalini, an assistant professor at MIT Sloan School of Management who focuses on cryptocurrencies. After all, this time last year, the price of Bitcoin was around $1,000. It eventually shot up to over $19,000 before dropping down to its current value. What fueled that giant spike? Its not clear how much of that was enthusiasm, hype, maybe even market manipulation, says Catalini. By market manipulation, Catalini was referring to doubts surrounding a cryptocurrency called Tether , which is ostensibly pegged to the U.S. dollar, and a related exchange, Bitfinex; both Tether and Bitfinex have been subpoened by the CFTC, or Commodity Futures Trading Commission, Bloomberg reported . The key question at hand with Tether is this: does it actually back each Tether token with a U.S. dollar, as it says it does? But Tether isnt the only issue. What follows isnt a comprehensive list, but instead a look at some events that have transpire Continue reading >>

Is This The Beginning Of The End Of The Bitcoin Bubble?

Is This the Beginning of the End of the Bitcoin Bubble? The cryptocurrency was meant to be stateless and leaderless. Ironically, the culprits of its latest plunge are . state leaders. That much was clear to economists, investors, and analysts for quite some time. But one of the shortcomings of such analysis is that certainty of an economic bubble offers little insight on how, when, or why that bubble will pop. “I can say almost with certainty that they will come to a bad ending,” Warren Buffett said last week, to the great consternation of crypto fans. “When it happens or how or anything else, I don’t know.” The price of bitcoin plummeted by as much as 20 percent on Tuesday to $12,000, or about 40 percent below its all-time high in December. Other popular cryptocurrencies, like ethereum and Ripple, also posted double-digit losses. What’s the reason? With stock-market analysis, there is sometimes an instinct to invent causality (“stocks fall on X,” “stocks slide amid Y”) when markets are driven by a matrix of inextricable factors. But in this case, the cause of bitcoin’s collapse seems pretty clear. Just as the currency’s hysterical price rise was driven in large part by demand out of China, Japan, and South Korea , its latest fall seems similarly tied to developments in Asia. South Korean Finance Minister Kim Dong-yeon said the government is considering shutting down cryptocurrency exchanges, or at least introducing new regulations to the nascent crypto market. The Chinese government is also cracking down on bitcoin and other tokens, not only because citizens can use them for laundering money and evading capital controls, but also because the computer power required to process transactions and create new tokens—which is often called “mining� Continue reading >>

Bitcoin Bubble Burst: What Is Happening With Bitcoin Today? Is Cryptocurrency Crashing?

JPMorgan Chase head Jamie Dimon is one of Bitcoin’s harshest critics American economist Nouriel Roubini, who saw the tell-tale signs of the imminent 2008 market crash, joined the choral of experts predicting bitcoins demise. The expert, dubbed Dr Doom by his peers, warned BTCs sharp decline is in fact the beginning of a crash. He said: I say its the mother of all bubbles and its also the biggest bubble in human history if you compare it to the Mississippi Bubble, the Tech Bubble or Tulip Mania. Mr Roubini underlined the bitcoin bubble is in fact much worse than the infamous 17th century Tulip Mania. He said: Its much worse. If you look at the peak, bitcoin was in a magnitude higher than the Tulip Mania and now its crashed by 60 percent compared to the peak of mid-December. Bitcoin price: BTC fell 60 percent on its all-time high in December Its crashed 30 percent last week and 10 percent today, and its all the way down to zero. I say its the mother of all bubbles and its also the biggest bubble in human history The fundamental value of bitcoin is zero. Since December 18, bitcoin prices suffered a 60 percent plunge on their peak price of $19,511 (13,779.84). But it is not just bitcoin that is suffering, and Mr Roubini argued that there are many more crypto tokens that are in a much worse position that bitcoin. The economist said: There are already something like 1,300 plus cryptocurrencies or Initial Coin Offerings (ICOs). Bitcoin price: Nouriel Roubini said bitcoin is the biggest bubble of them all Most of them are worse and dont have any intrinsic value like bitcoin, so if bitcoin is a bubble, then they are a bubble to the power of two or three. And there is all this hype about blockchain saying, ok maybe bitcoin and cryptocurrencies are a bubble or a fad, but blockcha Continue reading >>

Cryptocurrency Market Rebound (It’s Happening Now)

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