This post originally appeared in Off The Chain, the daily newsletter that I send to institutional investors analyzing the crypto markets. You can click here to subscribe and receive it in your inbox every morning.
A case has been registered against a private company in Jammu and Kashmir on Saturday for allegedly duping people after asking them to invest their cryptocurrencies in their company, police said.
Cryptocurrencies have a dedicated but very small following. For crypto to truly go mainstream as a means of payment, retail businesses big and—especially—small will have to start taking it seriously.
It’s been a polarizing year for Bitcoin. But despite the 83% decline in its price, it has been making significant moves in 2018.
One year after bitcoin topped $19,400, the popular cryptocurrency rallied on Monday (December 17) and broke through the $3,400 level, CNBC reported.
Despite talk of the Bitcoin bubble bursting since prices peaked above $19,000 in December 2017, it has been more of gradual deflation for the market throughout the year.
Is the US the Bitcoin Bellwether?
The US has had a huge influence on the global economy. Not very long ago, people used to say that, if the dollar catches a cold, the world gets pneumonia.
Bitcoin (BTC) prices could end up anywhere between £77.99 ($100) and £779,910 ($1million) by the end of the year, according to an expert holding out for one last bull run this Christmas.