Down 70% from the peak. This is just not fun anymore.
But nothing goes to heck in a straight line.
The crypto-crash crushes hopes, but will it impact the economy?
And cryptocurrencies plunge.
What the First Ruling by a Federal Judge on Cryptocurrencies Means. Law firm weighs in.
“If authorities do not act preemptively, cryptocurrencies could become more interconnected with the main financial system and become a threat to financial stability.”
This is not like the dotcom crash – though it’s even more brutal.
It’s not a pretty sight.
Are they causing the rout by trying to get large sums out of an illiquid market?
Regulators remain soundly asleep.