FinTech Magazine February 2021 | Page 41

CRYPTOCURRENCY : A NEW ERA DAWNS

WRITTEN BY RHYS THOMAS
AS VALUATION OF BITCOIN SOARS TO RECORD HIGHS , AND BIG PLAYERS SUCH AS PAYPAL MAKE THEIR FIRST STEPS INTO THE MARKET , CRYPTOCURRENCY HAS COME OF AGE
To chart the trajectory of cryptocurrencies over the past three months , and have accurate information for you to read once this issue of Fintech
Magazine reaches your device , is an impossible task . No sooner than Bitcoin , the world ’ s highest priced and most traded cryptocurrency , surges beyond a new record valuation , it slumps , rallies , and climbs to new heights . Even the news sites dedicated to cryptocurrency values , initial coin offerings ( ICOs ) and developments in the crypto startup sector have a hard time keeping pace . Swelling numbers of self-styled cryptoinfluencers take to their social media channels to warn their followers of a coming slump , only for Bitcoin to tick upwards once more .
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