Virtual currency takes a dive … for now

Cryptocurrency has been on a roller coaster ride since it’s inception, but in December, Bitcoin seemed poised to take off. The highs didn’t last, and now the currency has take a dive. An article on NBC.com says, “I’ve seen bitcoin drop from $20 to $2 and $1,200 to $250,” said Jeremy Gardner, managing partner of […]

Cryptocurrency has been on a roller coaster ride since it’s inception, but in December, Bitcoin seemed poised to take off. The highs didn’t last, and now the currency has take a dive.

An article on NBC.com says, “I’ve seen bitcoin drop from $20 to $2 and $1,200 to $250,” said Jeremy Gardner, managing partner of the investment firm Ausum Ventures and the proprietor of San Francisco’s Crypto Castle, a living space for people working in cryptocurrency. “Hyper-growth followed by a heavy correction isn’t new.”

Is it likely this virtual currency will rebound? Read the full story here.

Written by
admin
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

Social Channels

Follow us on all major social media platforms.

Newsletter

Make sure to subscribe to our newsletter and be the first to know the news.