Data Reveals the Reasons Behind Bitcoin’s Big Dip

Data Reveals the Reasons Behind Bitcoin’s Big DipAs everyone knows, bitcoin has dropped roughly three-fold from its December peak. At the height of the mania it touched $20,000 but has since fallen to as low as $6,000. The question of what caused the great decline is one that most bitcoiners have an opinion on. In a bid to settle the matter once […]

The post Data Reveals the Reasons Behind Bitcoin’s Big Dip appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Peak Blockchain Hype? Firm With No Revenues and No Product Is Worth $1.2 Billion

Peak Blockchain Hype? Firm With No Revenues and No Product Is Worth $1.2 BillionFollowing this year’s massive bitcoin rally, a bubble has developed in the stock market that most cryptocurrency traders may not be familiar with. Companies are declaring themselves to be blockchain-based in order to ride the hype train to higher stock prices. The latest example of this is a Hong Kong startup with no revenues which […]

The post Peak Blockchain Hype? Firm With No Revenues and No Product Is Worth $1.2 Billion appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico