While it’s certainly not the first time the crypto market is crashing, this crash is potentially catastrophic because no one knows when it will stop.
The first cryptocurrency exchange-traded product (ETP) in the word will be listed on the Swiss Exchange during the next week. The information was released by Trustnodes a few days ago. The SIX Swiss Exchange is the fourth largest in Europe with a market capitalization of $1.6 trillion dollars.
Last week however, a Bitcoin bug took things to a whole another level. Developers didn’t originally reveal the potential implications, but they were indeed frightening. The recently discovered vulnerability could have…
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), said that digital currencies are likely to become more convenient to use. The information was released on November 14 by Statistimes. Moreover, Lagarde said that Banks are not worried about offering services to poor populations.
The upcoming hard fork is going to be a very interesting opportunity for big wins and a lot of Asian traders are already planning ahead.
Fiat currencies could be replaced by cryptocurrencies in the next decade. This is what Nicholas Merten, founder of the largest cryptocurrency YouTube channel says. In a recent tweet uploaded by Mr Merten, he says that virtual currencies will replace fiat between 2020 and 2030.