What Comes After the Cryptocurrency Bubble?
While cryptocurrencies might look like an incredibly tempting investment opportunity at the moment, not everyone is on board. While the absurd volatility of the most valued currency on the market – Bitcoin – does not exactly make it a risk yet, it is a legitimate cause for concern for those who look at the past. […]
UBS: Bet on Blockchain Tech
UBS has issued a report that addresses the surge of cryptocurrencies and blockchain technology. The very name of the report is pretty telling – ‘Cryptocurrencies – Beneath the bubble’. The Swiss-based global financial services company’s analysts are unanimous in their verdict – the recent rise is nothing more than a “speculative bubble”. However, the assessment […]
Bitcoin Price Analysis: A Steady Decline Following a Peak
After reaching the dazzling $20,000 mark not that long ago, Bitcoin is on the slow and steady way down from its highest point yet. Until now, every major drop has been accompanied by high volumes, with low volumes leading to significant hikes. It’s not the best dynamic, as it shows that the supply overtakes the […]
