Mount Everest Crypto Stunt: Most crypto enthusiasts are aware that May was a busy month. There was stuff happening in the space almost every week. Companies announced new partnerships and rolled out new projects. Governments around the globe met to discuss crypto regulation. And some cryptocurrencies plunged on the market for what seemed like the entire month. Amid the overload of crypto news, there was a devastating exception. Last week, four crypto enthusiasts and three Sherpa’s summited Mount Everest, the highest mountain above sea level. The decision to summit Everest…
Day: June 1, 2018
Bitcoin Price Watch | BTC Holds Ground, Testing Resistance At $7,500
Bitcoin Price Watch: Bitcoin price stabilized around the $7,450 mark during the early hours of Friday. The current price represents a decline of more than 50% from its December 2017 highs. The cryptocurrency has been trading around this level throughout most of the week, finally settling down after weeks of gradual decline. However, the market may be due for a reversal. Yesterday, Dan Morehead, founder of Pantera Capital Management, said in an interview with CNBC that “Bitcoin may have reached its bottom this year, so now is a good time…