The price of bitcoin has plummeted over the past week. Dropping to US$9,453 per token, an all-time low for the cryptocurrency since November 2017. What has caused the drop?
If you bought digital coins in 2017, you would have had a great year. Making more than 12-times your money was as easy as buying a single bitcoin. 2018 might be more of the same.
Charlie Lee, the creator and lead developer of litecoin, has said that he’s sold almost all of his coins. Which comes after the crypto’s rapid gains this year —up 274% in December alone, and 6,894% in the year-to-date.
If you think the mainstream has become addicted to bitcoin, wait until they get their first taste of altcoins. You thought 2017 was big, you ain’t seen nothing yet. 2018 is flat out going to blow the roof off.
Litecoin price has skyrocketed in the last week. Jumping 111% on the back of the bitcoin futures market opening in America. This strong, positive relationship makes sense. Litecoin is essentially a 'spin-off' of bitcoin.
With regulations in place, there will be one less barrier for billions of dollars to flood into the crypto market
$6,926 will fetch you one bitcoin at the time of writing — a new record for the cryptocurrency — up over 12% in the past day and closing in on $7,000.
Golem (GNT) is up 35% over the last 24 hours, as other major cryptocurrency prices have rebounded from steep falls earlier in the week.
With interest growing around the world, there has never been a better time to learn more about the incredible potential with cryptocurrencies. But there are some very real risks for investors...
Last week it was Bitcoin (BTC). And now fellow crypto heavyweight Ethereum (ETH) looks set to join BTC at all-time highs