The Currency Analytics
By Maheen Hernandez
The cryptocurrency market did not deliver the expected results to many of its investors. There are those investors who know that there is money to be made even in the bear market.
Analysts promised a bottom price and that has not been reached yet. And investors are already bored waiting.
The governments are yet to come out to a stable regulation for this financial asset type. The year 2018 had several cryptocurrency companies shutting down their shops.
Whether Bitcoin will crash to nothing or whether it will evolve to a bullish version is something we are yet to witness.
Henri Arslanian from PricewaterhouseCoopers is projecting a positive outlook for the company. He opines that cryptocurrency will have a positive year 2019.
The overall bearish trend in the cryptocurrency market led to the stepping in of institutional investors who know they have an opportunity.
Institutional investors are waiting to see what the regulators have to say in order to confirm their terms and conditions concerning cryptocurrencies and related transactions.
The CEO of Binance stated that they would begin Q1 of 2019 "with a bang."
Mike Novogratz, the crypto investor, stated that the Bitcoin would "surge in 2019."
Investors are not going to forget the classic cryptocurrency scams of the year 2018. Bitcoin-stealing code that infected nearly 700,000 websites, affiliate schemes incentivized…
It was a hard year for many crypto investors. Several exchanges have delisted coins out of their exchange.
When regulations are in place, it will become important for miners to adhere to the suggested roadmap. They need to establish a market behavior.
Overall, regardless of the market volatility and bearish trend, cryptocurrency is all set to establish itself across different nations of the world in the fintech industry.