Cryptocurrency Markets Falling After Recent Rise

In the rapidly evolving digital landscape, new ideas come and go in a blink of an eye. And each trend seems to get an alarming amount of ‘experts’ with a business lifespan of a fruit fly. That was as relevant in an era of Facebook ads as it is in the new Bitcoin utopia.

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ATM Giant Cardtronics Cites Crypto As Business Risk

Despite the almost libertarian premise and a noble goal of complete decentralization, realistically, blockchain technology will not be able to avoid at least some level of government regulation. And while some of them seek complete control over the technology, others embrace it. Here are the countries that do more than simply accept blockchain tech.

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Australian Freeze: Big Aussie Banks Denying RexCoiners

Despite the recent downturn, some of the experts believe that bitcoin has not exhausted its growth potential. Notably, Mike Novogratz, known for his extremely successful hedge fund management strategies, stated the following in an interview with CNBC.

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Price Analysis: A Steady Decline Following a Peak

Until now, every major drop has been accompanied by high volumes, with low volumes leading to significant hikes. It’s not the best dynamic, as it shows that the supply overtakes the demand. We might be at a tipping point for the currency – something is known as the “Last Point of Supply” or simply LPSY. This means one thing – the highest price point in this cycle has been reached, and we are looking at the downward trend in the nearest future. The demand has pretty much been exhausted at this point.

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