Has the Bitcoin market already bottomed out?
September is to be an action-packed month for the Bitcoin and wider cryptocurrency industry, given the plethora of events that are unfolding.
First and foremost, there is the uncertainty of the Ethereum merge and what that could mean for the markets.
Secondly, the first few Bitcoin from Mt. Gox are to be distributed to creditors, meaning that they could be sold on the market.
Finally, Cardano is also having a hard fork in September as part of their hotly anticipated Vasil upgrade. The team at IOG promise that the upgrade will make the Cardano blockchain far more scalable.
These three events, affecting three of the largest blockchains in the entire space, are all happening in the same month, and could foster a great degree of uncertainty
Could Bitcoin fall to $17k and below?
Since reaching an ATH of $69k, Bitcoin has since retraced to where it currently stands, just under $19k.
Bitcoin continues to hover just above the local low, and...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...