Bitcoin always operates as a roller coaster in terms of its price. The cryptocurrency world is still trying to figure out the factors behind its massive price volatility and measures to be adopted during this situation. This article features the possible reasons that contributed to the decline in the price of Bitcoin and cryptocurrency.
Hyperledger Fabric, a platform for distributed ledger network hosted by the Linux Foundation, announced its support for the Ethereum Virtual Machine(EVM) smart contracts with the aim of allowing the migration of blockchain based Dapps.
Singapore based BK Global Consortium, led by renowned plastic surgeon Dr. Kim Byung-gun’s has reportedly acquired a majority stake in South Korea's leading crypto exchange Bithumb.
BitTorrent, one of the most popular Peer to Peer file sharing platforms with ten million users, has announced to pay Tron as an incentive for the seeders as a part of Project Atlas.
The price of Bitcoin reached its peak last December but with the beginning of 2018, it started a deep downturn and the price has been decreasing ever since. This declination in the value has caused a lot of speculations relating to the end of bitcoin. However, here are some reasons explaining the price of Bitcoin will rise in the days to come.