• Crypto Wealth Sinks $45 Billion While Bitcoin Bros Party at Consensus 2018

    9 days ago - By Fortune

    So much for the Blockchain Week bounce.
    With thousands of cryptocurrency diehards swarming into Manhattan for this week's Consensus 2018 conference, the prediction from Bitcoin bulls like Tom Lee of Fundstrat Global Advisors was that the hype-filled gathering would trigger a market rally.
    Alas, not even a trio of Lamborghinis, a 1,000-person yacht party and a performance by 46-year-old rapper Snoop Dogg could prevent the value of virtual currencies tracked by Coinmarketcap.com from sinking by $45 billion since May 11. Bitcoin, the most popular of the bunch, dropped 3.7 percent this week to...
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