The newest cryptocurrency on the block has been used in just one trial transaction and it’s already being hailed as a game changer for digital assets.
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Bitcoin might be down 80% from its peak, but true believers in cryptocurrencies and blockchain technology still gush about its enormous potential.
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It’s official: We’re currently experiencing the longest bear market in bitcoin’s history.
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As cryptocurrency prices continue to languish, hedge funds investing in digital assets are increasingly starting to look more like venture capitalists.
Read MoreIt could be make it or break it time for Bitcoin.
Read MoreAmid the peak of crypto’s 2017 rally, Travis Kling, a portfolio manager at Steven A. Cohen’s Point72 Asset Management, jumped ship from his institutional tenure, subsequently downing the red pill that is Bitcoin. And while Bitcoin (BTC) has sold-off massively since his initial foray, Kling has maintained that he sees long-term potential in cryptocurrency and technologies pertaining to this budding asset class.
Read MoreBitcoin, along with other major cryptocurrencies ripple (XRP), ethereum, bitcoin cash, stellar, and litecoin, have fallen again over the last 24 hours as investors and traders fret over a flood of warnings on the future of cryptocurrencies.
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