Thursday, February 21, 2019
Home » Tag Archives: Regulatory Crackdown

Tag Archives: Regulatory Crackdown

Feed Subscription

3 Key Things to Facilitate Recovery of the Cryptocurrency Market

by David Drake After a highly speculative year, 2018 started on a low note for the crypto market. The market experienced sharp drops in the value of more than 1400 coins or tokens listed on the coin market. By the end of March, the market had lost more than 48% of its value, having dropped from a market capitalization of $612 billion at the beginning of the year to $261 billion at end of the first quarter. As the year progresses, what is really needed to facilitate recovery of the cryptocurrency market? Market Certainty To a large extent, the drop experienced in the first quarter was catalyzed by uncertainty in the market. As the year began, countries, such as South Korea, banned anonymous trading and China announced a complete ban on crypto-trading. Consequently, the Securities and Exchange Commission in the US subpoenaed at least 80 companies that were running initial ... Read More »

Scroll To Top