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The rising Bitcoin price could signal a looming 2019 recession, according to Bank of America CIO
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Bank of America CIO Says Bitcoin Investments Signal A Looming Recession
The chief investment officer at Bank of America Merrill Lynch, Michael Hartnett, has recently caused a bit of a stir. Specifically, Hartnett has come out and said that the recent rise in the price of Bitcoin is a sign of a looming recession. Rising crypto prices indicate a looming recession  This news came in a fresh Business Insider report. In it, Hartnett detailed how investors have recently been flocking to…
Exchanges Scams
Recent Report Reveals “Cryptocurrency Exchange” Goxtrade Scam
The self-billed ”cryptocurrency exchange” Goxtrade has just been accused of being fraudulent. Although the cryptocurrency exchange calls itself a ”trusted platform for trading Bitcoins”, a TechCrunch report has now revealed a series of irregularities with the exchange platform pointing to yet another scam. Goxtrade has stolen social media photos for its staff page Although the Goxtrade exchange platform claims to have been around since 2017, several indicators point to this…
The price of Bitcoin has fallen suddenly, leading some weary investors to ask "will crypto ever recover"
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Bitcoin Briefly Drops Below $7,200 – “Will Crypto Ever Recover?”
The past few hours have seen a marked drop in the price of Bitcoin. As such, some of the gains experienced during the past few days have been offset. What’s more, this slight market turbulence has led some to question whether crypto will ever recover. Bitcoin suddenly dropped after days of gains May 17th saw the Bitcoin price plummet drastically within a matter of minutes. Although it was initially unclear…
Why the next crypto bull run could be even bigger than last time
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Why The Next Crypto Bull Run Could Dwarf The Last Bubble
There is currently much talk about whether or not the cryptocurrency market could return to its all-time high. Nonetheless, some factors actually suggest that the new crypto bull run could be the biggest one yet. Crypto prices have increased substantially during the last month The past month has seen Bitcoin perform a dramatic climb from trading at below $5,100 to currently trading above $8,000. However, only looking at the performance…