You probably remember the financial pyramid OneCoin, which collapsed with a great echo all over the world. As it turns out, the man who promoted OneCoin back then, mainly in Vietnam, decided to bring project back to life. He did not even hesitate to change its name. Will history come full circle just like OneLink did?
Last days were not so stable for cryptocurrency king. Bitcoin price rose several times over 7 000 USD level, and then fell again. How will it be this time, does Bitcoin price have chances to increase in long term?
Bitcoin is one of the assets, that can be proud of its significant growth over the year. What is more, despite latest price falls, in the 12-month range, Bitcoin price has gained as much as 40% of its value!
In one of the interviews, Michael Novogratz said, that Bitcoin is his investment type due to the global situation and Coronavirus pandemic. He described current situation as a “money-printing global orgy”.
Vitalik Buterin (Ethereum founder) decided to laugh from abstract predictions about BTC price, that were made in last years by influential people. He emphasised, that no one is infallible, and most of prophecies did not come out true.
During yesterday’s Bitcoin (BTC) session, the cryptocurrency itself was sliding down, eventually falling to 6 200 USD level. At the end of the session, BTC price rapidly increased and reached 6 600 USD. Today was the day of testing weekly highs above 6 700 USD by Bitcoin. The cryptocurrency began the test, and then got slightly corrected.
One of the biggest cryptocurrency exchanges might be seeking to acquire CoinMarketCap. Negotiations are on the final stage. Moreover, Binance is ready to pay as much as 400 million USD. All these informations, however, came from anonymous people familiar with the case.
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