According to the chairman of the board of the Chinese platform for over-the-counter cryptocurrency trading BitKan, Leon Liu, the current round of market decline began at the end of last year and will last at least another 12 months. Lew believes that the Bitcoin Cash (BCH) hard fork and hash battles are just one reason, there are many other factors to consider beyond what is visible on the surface.
In his interview with Ben Wiesner of the ACLU Project, Edward Snowden several times emphasized the vital need for cryptocurrency to have people believe in its value. Fiat currencies are essentially not worth their face value. The government that issues the currency acts as the guarantor of its face value.
Overall, altcoins continue to fall in price as Bitcoin remains under strong selling pressure.
Consolidation near key support levels will continue today
On Monday, Bulgarian prosecutors released a statement saying local police had arrested three men for stealing approximately $5 million worth of cryptocurrency.
Ethereum co-founder Vitalik Buterin appears to have lost more than $460 million as prices plummeted by more than 90% in Ethereum's protracted fall from January levels to today's disappointing numbers.
Ohio will become the first state in the US to officially accept tax payments in Bitcoin. Starting tomorrow, companies will be able to pay their state tax authorities in the BTC by registering on the OhioCrypto.com website.
Yesterday's price consolidation will gradually shift to a gradual decline in pairs to the area of immediate support.
If you have any questions about collaboration or interesting new proposals, please contact us at [email protected]
The ForkNews news portal is the ideal advertising platform for anyone involved in cryptocurrency. For advertising and PR inquiries, please contact us at [email protected]
Join us!
