A study conducted by market research firm Juniper Research has cast doubts on bitcoin’s long-term prospects owing to various factors stacked against it including regulatory scrutiny. Per Windsor Holden, the author of the report titled ‘The Future of Cryptocurrency: Bitcoin & Altcoin Trends & Challenges 2018-2023’ the lack of ‘intrinsic value’ in the flagship cryptocurrency
Lithuania has rolled out the welcome mat for cryptocurrency ventures, resulting in a financial boom. However, EU central banks continue to fret over the disruptive influence of virtual currencies. Ever since Bitcoin first burst onto the scene, the cryptocurrency space was as open and free as the Wild West. But just like the American frontier,...
Ella Zhang, the individual in charge of Binance’s venture incubator Binance Labs, doesn’t have a particularly fond view of the current cryptocurrency market. In fact, she thinks it’s a “bubble” — one which she’d like to see burst. ‘We’d like the bubble to break’ A representative from the largest cryptocurrency exchange by volume has called the cryptocurrency market a “bubble.” Speaking to Bloomberg, Binance Labs’ Ella Zhang stated: We’d like the bubble to break. We still
Cryptocurrency have finally shrugged off naysayer comparisons to the dotcom boom after markets lost more value than the crash of 2000. ‘Very Likely A Winner Takes All Market’ As Bloomberg reported September 12 following another day of declines, especially concentrated in altcoin markets, the MVIS CryptoCompare Digital Assets 10 Index now reads 80 percent lower than at all-time highs around December last year. This beats the Nasdaq Composite Index’s decline after the dotcom bubble burst
The explosive growth of cryptocurrency over the last few years is phenomenal. The Coinbase exchange has expanded alongside cryptocurrency but is still struggling with growing pains. It’s been a thrilling ride on the Cryptocurrency Express over the last few years. Bitcoin started off 2017 at around $1,000 but burst upwards to over $19,000 by the...
Many of those invested and interested in the cryptocurrency markets were around for the rise and fall of the Dot-com era and birth of the widespread public internet. The Dot-com bubble burst is constantly being used in arguments that cryptocurrency will suffer the same fate, bringing the markets to a crashing close. Are we early to the party, or just in line for disappointment? Boom And Bust It is safe to say that anyone who has
The head of Binance Labs suggests that the ICO bubble needs to burst in order for truly valuable projects to come about.
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3 months ago
Charlie Lee on Bitcoin's Next Bubble burst or Recovery Timeline
Charlie Lee is more realistic and says no one can predict Bitcoin's Next Bubble burst or Recovery Timeline. webbot clif high John McAfee Doug Casey Charlie ...
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