Last week, the price of bitcoin dropped sharply after Chinese officials announced they would be closing most cryptocurrency exchanges. In the update we sent Friday, when bitcoin had dipped to around $3,000, I said this was no reason to panic, and definitely not a reason to sell. In fact, we…
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China has a complicated relationship with crypto. The Chinese government continues to promote the use and development of blockchain, but crypto trading is still banned in mainland China.…
Crypto Market Musings It’s been a relatively calm week for crypto. Bitcoin is up 1.73% over the last seven days as of this writing. Ethereum is up 3.54%…