Crypto is a technology revolution. It’s evolving, improving, expanding and changing. That's why we believe the BIS report on the death knell of bitcoin is wrong.
If crisis hits again, people will flee the traditional system. They'll realise the current system isn’t as safe as they think. They’ll want something else. And crypto will be there, ready, waiting for them.
Over the weekend we saw more bullish moves with a sharp rise from US$28 to a high of US$41.77. So, what’s going on with neo?
Earlier this week NEO founder and CEO Da Hongfei shed some light on the crypto’s future. Da was interviewed by Dutch finance publisher Het Financieele Dagblad. And as the dust settles in China following the crypto crackdown, Da remains ever the optimist.
NEO is definitely stuck between a rock and a hard place. The important thing for NEO now is to continue to prove its critics wrong. And it’s already working on just that.
NEO is up 42.8% to US$29.76 in the past 24 hours, as the crypto rallies from earlier lows. Today’s massive recovery is thanks to some much needed good news — a fresh listing on an exchange.
If you’ve been following Ethereum at all this year, you’ll know its price has gone bonkers. A rough estimate puts gains around the 3,275% this year alone.
For the last 7 years I’ve been researching the world of cryptocurrency. There are now well over 800 different cryptocurrencies.