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Chinese Analysts Say Bitcoin Bear Market Likely to Continue In 2019

Chinese analysts expect the current bitcoin bear market to continue in 2019, contradicting the bullish projections of crypto bulls like Mike Novogratz, who predicts that the bitcoin price will hit record highs this year. “In 2018, bitcoin became an investment black hole,” according to the state-run Beijing News. “Entering 2019, bitcoin prices are still showing signs of … Continue reading Chinese Analysts Say Bitcoin Bear Market Likely to Continue In 2019

Don’t Invest in Bitcoin, You Could Be Aiding Money Laundering and Terrorism: Indian Police – NullTX

By now, we’ve just about heard it all from crypto skeptics. From some of the world’s wealthiest investors such as Warren Buffet to economists such as Nouriel Roubini. This time, however, the skepticism is coming from another party: the Indian police. Police from the Northern Indian state of Jammu and Kashmir recently issued a warning … Continue reading Don’t Invest in Bitcoin, You Could Be Aiding Money Laundering and Terrorism: Indian Police – NullTX

Bitcoin Payments Down 80% in 4th Quarter of 2018: Chainalysis Data – P. H. Madore

Citing Chainalysis data, Reuters is reporting that Bitcoin retail payments were down 80% in September, and no mention of a rebound was present. Several things are to blame, including scalability of Bitcoin transactions (and the expensive nature of them as a result) and the volatility of the currency itself. In order to have mass adoption … Continue reading Bitcoin Payments Down 80% in 4th Quarter of 2018: Chainalysis Data – P. H. Madore

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