Category Archives: News

Labour Day Weekend Bitcoin Brawl: East versus West

The Chinese government’s decision to ban initial coin offerings triggered an epic selling spree that dropped Bitcoin from a high of $5000 USD down to a low of $3950 in the space of three days. That’s a drop of 21%. In comparison, on October 19th, 1987, the Dow Jones Industrial Average fell 22%. But remember that Bitcoin trades… Read More »