‘Crypto Is Dead’ – The Spectator | $30,296.95

Uri Shalev
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The warning sign for cryptocurrencies is not so much that they have crashed – Bitcoin is down 50 per cent from its peak last November – but that they have become boring. Bitcoin has suffered many a crash before, yet bottom-feeders quickly rushed into the market and sent the price rebounding. This time around there is little sign of any enthusiastic speculation. On the contrary, a brief rally in March fizzled out as quickly as it had begun. Bitcoin now looks set to plunge below its previous peak of 31,776 reached last July…

Cryptocurrencies face not so much a rapid crash as a slide into nothingness. That a cryptocurrency exchange should want to take shelter in Macron’s France, which is bound to end up regulating it to death, is the biggest ‘sell’ sign yet.

Eulogy made by Ross Clark
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Uri Shalev
Uri Shalev

Uri Shalev studied Psychology at the University of Haifa. With a keen interest in cryptocurrency and disruptive tech, Uri has a breadth of experience in digital marketing and SEO. Read More

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