The crypto winter of 2022 may be technically over, but the effects are still being felt. This year, the Miami Bitcoin Conference saw a whopping 50 percent dip in its attendance rate. The Crypto Winter Is Still a Powerful Enemy That means roughly half of last year’s crowd showed up this year, and many are blaming the crypto winter for the drops. Some analysts believe the number may be lower than what’s being reported. For example, this year, roughly 15,000 people...
Read More »Is Last Year’s Crypto Winter Over? Analysts Say, “Yup!”
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Is the crypto winter of 2022 officially over? According to various analysts, the answer is “yes.” The Crypto Winter Is Done For The crypto winter of the previous year was one of the worst events on record for bitcoin and the digital currency arena. Prices of several assets fell like comets, and the industry...
Read More »Analysts: Bitcoin Won’t Recover Until 2024
We’re in a crypto winter. There’s no denying it. The fact that bitcoin could lose over 70 percent of its value in just under a year is crazy. Many thought that bitcoin and other forms of crypto were unstoppable and likely to reach prices that could never have been believed. While this happened, those prices are considerably lower than what most diehard traders were expecting. Bitcoin May Need More Time to Fix Itself Now, it looks like things are about to get worse as...
Read More »Is a Crypto Winter Coming Our Way? Analysts Weigh In
Bitcoin and several leading digital currencies have experienced heavy price drops in recent days. Many analysts now fear that things are going to get a lot worse, and that a crypto winter may potentially be heading our way. Analysts Are Worried About a Crypto Winter On Monday, bitcoin briefly fell below the $33,000 mark, meaning it reached its lowest peak since last July. That was a time when bitcoin was trading below $30,000 – just a few months after hitting a new price...
Read More »Mohamed El-Erian Regrets Buying and Selling BTC the Way He Did
Economist Mohamed El-Erian says he bought and sold bitcoin too early in the crypto game. He also said that while he is open to purchasing the digital asset again, he would only do so during specific times and under specific terms. Mohamed El-Erian Isn’t Against Bitcoin As the chief economic advisor to Allianz, El-Erian says he was largely compelled to buy bitcoin after it struck its first all-time high of roughly $20,000 per unit. He bought the asset during the crypto...
Read More »Report: Token Offerings Depreciated By 81% YOY, But Here’s Why That Could Be a Good Thing
Photo: ShutterstockIt might come as a surprise to you that the Token Offering market is just a shell of its former self. Laden with all kinds of hurdles, from the regulatory front to the technological front. Only 69 token sales took place during the month of August, a staggering 81% reduction on a YOY basis, according to Blockchain and Crypto report August 2019. Photo: InWaraBut first, what actually caused the “crypto winter”?In 2017, Initial Coin Offering (ICOs) were gaining popularity as...
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