As 2018 winds down, the year has been a mixture of sadness and pleasure. Let’s face it, cryptocurrency exchanges and other crypto firms have had an amazing outing this year, raking in millions of dollars despite a market bear. Therefore, in keeping with the tradition of the industry, many cryptocurrency experts are making their predictions of 2019. @bittpress.com/cryptocurrency-predictions-2019/
In a move to calm down nervous cryptoasset investors, Bitcoin enthusiast John McAfee released some words of encouragement via Twitter. For ardent followers of the cryptocurrency market, more often than not, McAfee has some unrealistic expectations. Well, the 73-year-old tech veteran took to his Twitter handle on Tuesday to share some advice with his followers.
noticed two significant things. The first is that the cryptocurrency market is down on its knees, throwing the entire industry into confusion. Secondly, cryptocurrency advocates are pointing to two factors as the cause of the bear market, Bitcoin Cash hard fork and the US SEC. However, a crypto analyst has spoken up in defense of the US regulator.
Over the last couple of months, many companies in the crypto space closed shop while others suffered huge losses. The bear market seems to be the scapegoat for most organizations such as Nvidia.
Malaysian banking giant, CIMB Group, which is also the fifth-largest ASEAN bank, has recently joined RippleNet. RippleNet is a consortium of over 100 financial institutions who pledge to use Ripple’s blockchain-based products.