Bitcoin Heading to Zero, China Warns Investors; Blames US For Volatility in BTC Value


Source: ibtimes.sg ibtimes.sg

Key Topics in this News Article:

News Snapshot:

Amid the massive fall in cryptocurrencies, the Chinese Communist Party has anticipated that Bitcoin is heading to zero. The Economic Daily newspaper, which is run by CCP, claimed that Bitcoin is nothing more than a string of digital codes and it could become worthless soon. The state-run newspaper argued that Bitcoin's value surged every year as investors built confidence in the BTC value in the absence of required regulation. Representative image web screen grab Investors Confidence in BTC Will 'Collapse' But the confidence will collapse soon and Bitcoin will return to zero as countries start declaring BTC illegal. Countries Will...