IN CRYPTO MARKET BITCOIN PRICE DROP ,HACKS AND FEC REGULATIONS MAY BE CAME..
Firstly , watch the market of bitcoin....
- this week bitcoin is down 8% continuing ..almost drop 20% over the last month. yesterday ,bitcoin price hits lowest support level 5750$. Main Cause of down BTC is analysts draw the camparison to 2014. when BTC experienced 80% correction in BTC. Mt. Gox liquidification over for 2018, Mt. Gox exchange said that they didn't sell any bitcoin untill
2.This week ethereum is down 11% .cause SEC ruling that Ether does not constitutes a security. This drop follow a pattern observed by analysts many past time . wher altcoins mirror BITCOIN with more exaggerated moves.
- This week entire market cap is also down 13% . Anylasts have blamed main net launch and recent criticism over EOS constitution and how centralisedit is. and 34 accopunt have frozen due to phising.
BITCOIN BULLS:-
eToro CEO compare crypto to 2001 Apple following a trnd of major investment comparing Bitcoin Bubbles.
Fund Manager bullish in antipation ofcustody-
Kyle Samani made a predict to boolmerg it would be hit a 25000$..Kyle Samani is Managing Partner of multicoin
Capital.
Charles Hoskinson has predicted it will be trimillions . Charles Hoskinson is co-founder of ETHEREUM and CARDANO.Bitcoin will be hits 60000 this year Accordig to Blackmore Group CEO Philip Nunn. Now a days market will be volatile...
REGULATION:-
South Korea fear regulation will "legitimize market".
Director of KFIU confirmed that goverment delayed regulating cryptocurrency for years. AT RESCENT meeting of advisory Policy.
HACKS :-
In china, Over 100,000 internet cafe computer have infected a malware.
This malware runs at high speed resulting in higher electricity costs and Computer become unusable. Many arrested
in the cases of stolen $1 million stolen of Siacoin Cryptojacking attack.Korean Exchange BITHUMB has been hacked in 3 times in past one year.
Blockchain Researcher predicts EOS will lead to "Massive Exchange Hacks".
Cornell professor Emin Gun Sirer has predicted that vulnerability in EOS, caused its centralisation.
ADOPTIONS:-
U.S. Senate Candidate Austin Peterson was to return a 130,000$ Bitcoin donation.
good post upvoted!!
hope you will do the same.
i done.
Will get crypto legal in india dont worry
i am waiting ..
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Follow me and vote
fantastic work @sonu789s and i upvoted your post hope u do the same
I believe Indian government won't ban crypto but they will soon regulate it, hope for the best :-)
Upvote this: https://steemit.com/free/@bible.com/4qcr2i
India soch raha hai keya kare ga.....