Cryptocurrencies dropped on Thursday as bitcoin gave up the $4 000 level it’s hovered around since the start of the year.
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As a growing number of cryptocurrency ventures struggle for funding, cut staff or shut down, all is well in one small corner of the industry: lending.
Bitcoin rallied above $4 000 on Friday, leading the broad cryptocurrency market higher as the biggest digital asset headed for its best week in a year.
Just as the euphoria surrounding bitcoin was peaking last December, Mark Dow decided to short the leading digital currency. Almost a year to the day, he has closed out the trade.
After one of the worst stretches of losses for cryptocurrencies on record, enthusiasts are taking comfort in a recovery in prices of digital assets including bitcoin, ether, EOS and litecoin.
The year 2018 has been a terrible one for cryptocurrencies, which have been on a race to the bottom that shows no real sign of abating.
Bitcoin headed for another weekly slump on Friday, with the largest cryptocurrency heading closer to $3 000 – a level unseen since September last year.
It turns out that cryptocurrency enthusiasts were committed well beyond the HODL rallying call that urged them to hold on during this year’s digital-asset market collapse.
Former Rand Merchant Bank blockchain lead Farzam Ehsani returns to the TechCentral podcast to talk about his latest venture, cryptocurrency exchange VALR.com.
It seems like every asset bubble has a famous anecdote of someone claiming, right at the top, that a crash is impossible.