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Daily News Video11 months ago

China Declares Bitcoin As Property! Central Banks Prefer Crypto? SONY “Contactless” Hardware Wallet

Daily News Video11 months ago

JPMorgan Predicts A 60% Recession, Is Crypto The Best Chance Now? | [Bitcoin News // Crypto News]

Daily News Video11 months ago

Ethereum Sees Record Number of Shorts! NEM Blockchain Hub | Samsung Blockchain Supply Logistics

Crypto
Daily News Video11 months ago

Crypto Jobs Up 300%! Lost BTC 20% Rate of Recovery | Only 45% of Exchanges Meet Security Standards

Events News11 months ago

DC Forecasts Proudly Backed The Global Disruptive Blockchain Innovation Summit

Daily News Video11 months ago

Ticketmaster Blockchain Revolution | ZebPay Moves To Malta [Blockchain News // Crypto News]

Daily News Video11 months ago

Is Tether Dead? BitPay Launches Stablecoin Settlement | Apple’s Co-Founder Joins Crypto Startup

Daily News Video11 months ago

BTC Falls Below $6,300 Support! Bitfinex Suspends Fiat Deposits | S. Korean ICOs | Zaif Update

Daily News Video11 months ago

Adobe Flash Malware! Coinbase: Lists 0x (ZRX) – Shuts Down Index Fund | Circle CEO Bullish On Crypto

Daily News Video11 months ago

Fake Debt Colletors Steal $50,000 in BTC ATM Scam! Gemini Insurance | BlackBerry Medical Blockchain

Daily News Video12 months ago

Is This The Bottom For Crypto? Argentina BTC ATMs | Blockchain Featured In TIMES | Bithumb DEX

Daily News Video12 months ago

Hackers Demand BTC In Port Breach! Opera Browser Web 3.0 | BitGo To $1 Trillion? Mongolian Crypto

Daily News Video12 months ago

Google Reverses Crypto Ad Ban! Coinbase Introduces Assets Listings | Grid+ Blockchain Electricity

Count on the DC Forecasts Crypto News Team for the Latest Bitcoin Updates

Investing in Bitcoin requires nerves of steel, and also keeping an eye on the latest crypto news. Better still, you should have an idea of what is in store for the market. Look at what happened last year, for example.

The Highs and Lows of Bitcoin

Bitcoin surged in price to an all-time high over the course of a month and then practically halved in value over the course of a week. All because China had banned ICOs and shut down local crypto exchanges. This came at a bad time because U.S. banks had just put an end to buying Bitcoin by credit card.

Why are we bringing this up? The surge in value was caused by a Bitcoin frenzy that started to sweep the globe. Everyone knew someone who knew someone that had made a fortune with Bitcoin. It was difficult not to get caught up in all the excitement.

This caused a huge jump in value as everyone was trying to get in on the action. The problem was that not many of these new investors understood the market that they were buying into. So, when bad news hit, it caused a panic and people who only a short while before loved cryptos were trying to sell them. Read More..

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