The bitcoin price bull run over the last month,

in steem •  6 years ago 

  • The Bitcoin Price Is Tanking -- Here's Why which saw it climb from around $6,300 to highs of $8,400 in a matter of weeks, could be over.
  • Meanwhile, other cryptocurrencies are suffering — and many of them haven't had quite the bull run bitcoin has over recent weeks to cushion the fall.

  • South Korea, which has emerged as one of the most important markets for bitcoin and cryptocurrency in recent months due to its large volumes of trading..
  • "We’re trying to legislate the most urgent and important things first, aiming for money-laundering prevention and investor protection. The bill should be passed as soon as possible."
  • Wired magazine shone a light on some of the issues and problems many power-hungry bitcoin miners are facing around the world as cities and governments try to find a way to manage them.
  • Martti 'Sirius' Malmi, is joining a team of developers launching a new cryptocurrency called axe.
  • Elsewhere, a survey out late last week suggested the bitcoin and cryptocurrency investment market has plenty of room to grow.

  • While most investors say they have no interest in ever buying bitcoin, about one in four (26%) say they are intrigued by it but won't be buying it in the near future.

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https://www.forbes.com/sites/billybambrough/2018/07/31/the-bitcoin-price-is-tanking-heres-why/