A huge crypto price crash has plunged traders into a panic in recent weeks as they desperately try to call the market bottom—though Elon Musk thinks he knows. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price has dropped...
The Bank of England’s deputy governor Jon Cunliffe has likened the current crypto market crash to the dot-com crash of the late 1990s—and suggested that the survivors could evolve into the “Amazons and eBays” of tomorrow. “The analogy for me is the dot-com boom when $5 trillion was wiped off...
The survivors of the rout in cryptoassets could become the technology companies of the future rivaling Amazon.com Inc. and eBay Inc., Bank of England Deputy Governor Jon Cunliffe said. Cunliffe compared the crash that has wiped more than $1 trillion off the value of Bitcoin and other crypto currencies this...