Nasdaq: HIVE | TSX.V: HIVE
It's easy to forget that before Terra/Luna and Celsius imploded, they were the hottest thing in crypto.
Venture capitalists and others who invested early collected obscene yields while the value of their tokens soared.
Bitcoin's returns looked small and frail by comparison. So vast amounts of capital flowed into Luna and Celsius, along with countless imitators.
When these projects had their reckoning, though, $70+ billion in market value was rapidly vaporized, setting off a daisy chain of secondary implosions at other lenders and waves of selling across markets.
The fallout from these schemes unwinding has hurt the price of Bitcoin short-term. But many of us believe that it will ultimately strengthen the position of Bitcoin immensely.
Bitcoin doesn't offer unsustainable 20%+ yields. It didn't have a seed round where VCs bought in for pennies.
The beautiful thing about Bitcoin is that it doesn't try to do too much. It's just the most liquid, decentralized,...
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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...