Although prices remain in the gutter, there are important things happening in the background in terms of regulation and industry. BlockSparks are relieved to remind everyone that we are NOT financial advisers… but if we were, we would remain cautiously optimistic on the long term view
Bitcoin has seen quite a heavy sell-off over the last 30 days but that was preceded by a bull run, leaving the bitcoin price more-or-less flat — and reminding investors to take a wider view of market movements.
Despite hitting highs of almost $7,500 earlier this month, the bitcoin price has dropped back to just over $6,300 today — pretty much exactly where it was some 30 days ago. […]