Crypto Capitulation, Crypto Death Watch, And Crypto Challenges For The Week
The 12 months 2019 has been a wild journey for cryptocurrencies. From the euphoria of bitcoin`s $20,000 height in December 2018 to its latest fall below $6,000, there had been lots of ups and downs.
We have additionally visible some of important information occasions which have had a prime effect at the market. These include:
The SEC's choice to postpone its choice on whether or not or now no longer to approve a bitcoin ETF till subsequent March 2019.
The US authorities shutdown over President Trump's border wall and immigration policy, which resulted withinside the suspension of americaA authorities`s cryptocurrency funding fund (Coinbase Custody).
China banning preliminary coin offerings (ICOs) as a part of its broader crackdown on monetary technology.