The cryptocurrency markets are in doldrums, and rating agencies are correlating them with different bubbles and scams that global markets had faced in the last few decades. Morgan Stanley strategist Sheena Shah sees enormous resemblances between the cryptocurrency market behavior and the dot-com bubble – the only exception being the 15 times higher growth in…
Analysts and market participants aren’t yet able to create the price prediction formula for cryptocurrencies; the market forces are divided on how these new assets will perform– some are calling for steady price growth, and others are seeing the price to fall to zero. Meanwhile, the idea of correlating cryptocurrencies with Giffen goods seems to…
On March 9, 2018, documents distributed at the tenth creditors’ meeting of the infamous exchange, Mt.Gox, went public. They revealed a series of multi-million dollar sales of Bitcoins. According to the documents, its bankruptcy trustee, Mr. Nobuaki Kobayashi had claimed to be the author of those sales. The document with Kobayashi’s textual words read as follows: “Between the 9th…
On March 9, 2018, documents distributed at the tenth creditors’ meeting of the infamous exchange, Mt.Gox, went public. They revealed a series of multi-million dollar sales of Bitcoins. According to the documents, its bankruptcy trustee, Mr. Nobuaki Kobayashi had claimed to be the author of those sales. The document with Kobayashi’s textual words read as follows: “Between the 9th…
Looking for somewhere to drink on St. Patrick’s Day but all you have is Bitcoin? Look no further! Here are three places that you can use your hard earned Bitcoin to buy booze. The Pembury Tavern – London, England Located in East London, The Pembury Tavern is one of five pubs now accepting Bitcoin in…
No other asset across the globe has shown more volatility than cryptocurrencies. Crypto markets are substantially responsive to market reports, and they can add or wipe billions of dollars off the board in a single day alone – forcing Bitcoin (BTC) investors to keep an eye on the price charts several times a day to…
Despite the cryptocurrency market taking a serious beating the past few months, the U.K has just announced some big news. Coinfloor, a London-based cryptocurrency exchange, announced that it would be starting its own bitcoin futures exchanged named CoinfloorEX. This new exchange will offer bitcoin futures “at scale” through their own specific contracts and operational controls.…
Bitcoin (BTC) and other digital currencies continue to make wild swings which are caused by several unanswered questions that market forces have yet to respond to. Divided market opinion between the market pundits and business magnates over the future fundamentals are adding to bearish sentiments. This is because bitcoin and other digital currencies are making…
The anti-virus software pioneer John McAfee has presented bullish assumptions in favor of Bitcoin price (BTC) – John McAfee thinks BTC could hit $1 million level by 2020. Though the anti-virus software pioneer had several reasons to support his bet, he also suggests investors invest only the money they can afford to lose – which…
Don’t you want to vote in the presidential elections and know that there wasn’t any fraud if you lose? If so, consider moving to Sierra Leone, as the world’s first blockchain presidential election has just taken place there. Blockchain technologies keep growing and proving to everyone that they are much more than just networks for…
