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crash

Two Ways This Crypto Crash Looks Just Like the Last Peak

Bitcoin, Ethereum, and other cryptocurrencies have obviously had a horrible week. And while it’s foolish to try predicting where things go next, there are two big similarities between this move and the one we saw at the end of 2017, the last time Bitcoin made its peak.The first is that just like last time, the Bitcoin peak came almost exactly at…
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Crypto Crash Shows the Decentralized Finance System Works

The cryptocurrency market means different things to different people. To many, it represents an object of naked speculation, which consumes almost all the media coverage about the space. For these people, Wednesday was a bad day, with the Bloomberg Galaxy Crypto Index plunging 19.2% in its worst slide in more than a year.But to others, the…
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Some old investing lessons from the Bitcoin crash

Bitcoin and other cryptocurrencies saw extreme volatility on Wednesday. Bitcoin, for instance, started trading at $42,945. It reached a high of $43,546 during the day, dropped to a low of $30,681, and finally closed the day at $37,002. Personal finance and investing mean different things to different people, but a few broad…
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