Since March 12, the Bitcoin (BTC) price has been trying to recover, and a couple of days ago, the cryptocurrency was trading above $7,000, however, at press time, it seems sellers are overtaking buyers in the market and this has caused its price to plunge below $7k again.
The way the United States stock market picked up this year stunned cynics, and even up to now, indexes have gone on to rally regardless of the disappointing performance and holdups of the FAANG stocks. However, the Wall Street analysts are forecasting that next year (2020) will more likely be an inactive period. Now the big question is whether or not Bitcoin and crypto markets will have all the necessary attention.
For the past two months, the whole globe has watched and kept an eye on the yellow vest protests in France as the fundamental political movement has battled for economic fairness. On December 6, 2019, Pascal Boyart (Pboy), a popular street artist uncovered a mural that incorporates a solvable puzzle that contains around 0.28 Bitcoins (BTC) inside. Pboy elaborated that the puzzle can’t be distantly and remotely resolved and that the sleuthhounds have to visit the location as a must to trace the painting’s cues.
It’s now more than 12 months since rumours about how one of the giant financial institutions such as banks, and investment companies, would come out and open up a Bitcoin (BTC) business, and that expectation has thus far produced no significant results.
Wall Street has always been the subject of many discussions and theories. It is not a surprise that people are actively arguing over a theory suggesting that Wall Street has been manipulating the cryptocurrency market in order to buy coins for almost nothing.
The 'Buckeye State' is ready to be the first State in the country to accept crypto, specifically Bitcoin (BTC), for payment of tax bills, according to The Wall Street Journal report on November 26. This comes after BTC and other major cryptos have depreciated value over the past week. On Monday, November 26, 2018, BTC was trading below $4,000, down over 80% since the December 2017 all-time-high of around $20,000.
In a key twitter proclamation, the team at the highly anticipated Wall Street company of Bakkt acquainted the Cryptocurrency and investing group of its initial physically fixed Bitcoin (BTC) futures contracts.
As Cryptocurrencies plummeted to new depths on September 12, the MVIS CryptoCompare Digital Assets 10 Index expanded its cave-in from the January 2018 high to 80 percent. The fall has now exceeded the Nasdaq Composite Index's 78 percent peak-to-trough tumble after the dot-com bubble burst in the year 2000.