22 hours ago · Bitcoin is irrelevant to financial markets and investors 'are going to weep' if regulators come down hard on crypto, says Kevin O'Leary Emily Graffeo Dec. 24, , PM. Dec 16, · Prominent Bitcoin Whale Warns Three Factors Could Trigger Crypto Market Meltdown. One of the few publicly-known Bitcoin whales in existence is outlining three scenarios that could cause Bitcoin to suffer a major downturn. The pseudonymous whale Joe, who is known for placing large bets on the crypto exchange Bitfinex, says he expects many early investors to pull out once the price . Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that fluctuated between $$ billion in , owing in large part to the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more. Related Pages.
Bitcoin cryptocurrency marketProminent Bitcoin Whale Warns Three Factors Could Trigger Crypto Market Meltdown | The Daily Hodl
Treasury Secretary Steven Mnuchin is proposing new rules that would require certain cryptocurrency traders to provide more information about their identities and cryptocurrency transactions.
Grown men are going to weep when that happens. You'll never see a loss of capital like that ever in your life. It will be brutal," he said. Bitcoin is irrelevant and investors 'are going to weep' if regulators come down hard on crypto, says Kevin O'Leary.
Emily Graffeo. Treasury Secretary Steven Mnuchin is proposing new regulation that would require certain cryptocurrency traders to provide more information about their identities and cryptocurrency transactions. View Business Insider's homepage for more stories. Read the original article on Business Insider. Indices in This Article. Maybe others will follow. Which I think is total bullshit, personally. In the next bear phase I expect alts to lose a bigger share of their capitalization yet. Please check your inbox or spam folder to confirm your subscription.
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