Warnings grow louder over cryptocurrency as valuations soar

in cryptocurrencies •  7 years ago 

In recent months, warning voices have grown louder as the digital assets known as cryptocurrencies have attained record valuations. The price of bitcoin, the most famous cryptocurrency, has soared this year, from $969 to more than $5,000 in September; rival Ethereum began the year at $8 and has traded as high as $400 – while new coins or tokens are issued weekly, often attached to tech startups as a way to raise venture capital.

Read More Here: https://www.theguardian.com/technology/2017/oct/08/cryptocurrencies-bitcoin-ethereum-bubble

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