In early June, the controversial cryptocurrency lending firm Celsius froze as much as $8 billion worth of transactions due to what the company described as “extreme market conditions.” The move has sparked a regulatory investigation that could lead to a wider market crackdown when it comes to federal regulation regarding cryptocurrency investment. com takes no responsibility for the content on any website which we link to, please use your own discretion while surfing the. com has no control over the content of these pages. All galleries and links are provided by 3rd parties.

Coupled with inflation is the fall of the financial markets which “is bringing down Bitcoin as well,” he continued.īeyond Bitcoin, cryptocurrency at large has been plagued by turmoil in recent weeks. com has a zero-tolerance policy against illegal pornography. “When inflation goes up, there are other things that are changing, and Bitcoin is not resilient to all ,” said Itay Goldstein, a professor of economics and finance at Wharton School of the University of Pennsylvania.

The reality is that, for the average retail investor, Bitcoin is still a highly speculative investment providing little value in the real world. Chinese Gay Movie: Be Here For You - Ep.1 Engsub This is My Lover and I Season 2 - Chinese Gay Series Watch Ep.2 here. Bitcoin isn’t soaring during the current period of growing inflation shows that it still has a long way to go before it catches up with the vision of its top advocates, even despite widespread institutional investment.