Shares of Facebook, Amazon, Apple, Netflix and Google have collectively lost more than $1 trillion in market capitalization. dollars. Collapsed from their all-time highs, marking an even greater loss in dollar terms than all cryptocurrencies combined in 2018.
Target correction levels were achieved yesterday and today, during the day, a rollback from the overnight highs is planned
This Thursday, Pantera Capital CEO Dan Morehead sent his clients a newsletter saying that 25% of their investments may qualify as securities that require registration.
Currently, several large companies are working together to create the world's first blockchain investment bank in Malaysia, with a separate division for processing cryptocurrency payments. This event is the next step in the evolution of the industry.
The report provides solutions to problems that are not currently covered by existing laws. Namely: hacking, self-regulation, purported dealers, privacy and margin trading.
A social credit score that affects not only how other people interact with you, but also what services you have access to is too far-fetched, right? Not for China, which makes a utopian idea a reality.
It's been a tough week, a tough month, and a particularly challenging year for Bitcoin bulls. The price of the cryptocurrency is down 6.4% this week, 18.7% over the past month, and 76.2% year to date. The maximum reduction was 83.5%. Isaac Newton once said, “What goes up must come down,” and cryptocurrency very much confirms this theory.
US President Donald Trump has named prominent Bitcoin advocate Mick Mulvaney as his new White House chief of staff. Trump is one of the most controversial figures in the world at the moment, and whether you love or hate him, the crypto industry stands to benefit greatly from having one of the biggest crypto enthusiasts wield influence over America's President.
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