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Cryptocurrency in general, and Bitcoin in particular, is a hot topic in any investment circles. You can’t escape it slowly but surely seeps out into pop-culture, cropping up in regular conversation. Despite its meteoric rise to fame from relative obscurity, Bitcoin remains a somewhat elusive entity for most people. Sure, everyone’s heard of it, but […]
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 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 […]
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 […]
