Nov 26 2018
The total market value of Crypto Currencies has fallen by $700+ billion with Bitcoin falling to $3,738 from $20,000 in December.
The crypto currency market is in total free fall. If you flash back to late last year, there was a FOMO movement regarding crypto currencies pushing the total market value of roughly 2,000 coins to $1 trillion. First of all, this was clearly unsustainable. While many aspects of block chain, smart contracts, and crypto currencies […]
Jan 11 2018
Cryptocurrency Bubble or new Paradigm? When $100 billion in market cap evaporates overnight and the rise of new currencies.
The market cap of crypto currencies hit over $830 billion and seemed to be on pace to reaching $1 trillion. This week South Korea openly discussed closing down exchanges since it felt there was excessive speculation in the crypto currency markets. It is hard to argue with that when you look at the rise of […]