Institutions Just ‘Waiting To Buy Up’ Bitcoin, Says MARA CEO
In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook...
Cryptocurrency prices took off in late 2017, marking the largest bull run the industry has ever seen. The cryptocurrency market reached a total capitalization of more than $800 billion, while Bitcoin, the cryptocurrency with the largest market cap, saw its price peaking at about $20,000.
This unparalleled rally made headlines in all cryptocurrency news websites and saw the industry launch into the mainstream as retail investors started to learn about cryptocurrency trading.
However, the market turned, as 2018 marked a prolonged period of decline. The entire industry was dragged down as cryptocurrency mining companies started to struggle as a result of the decreasing prices.
At the same time, though, a recent report showed that cryptocurrency exchanges have marked a record year in 2018.
Nevertheless, if you want to stay constantly updated with the latest cryptocurrency news, you’ve come to the right place.
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