Bitcoin Is Up 120% This Year, Here Are Four Other Cryptos To Buy, HODL Or Sell
Billionaire Changpeng Zhao is the latest crypto kingpin to fall. Meanwhile crypto markets are rebounding. Here’s how to play bitcoin, ether, solana, bnb and blur.
For crypto markets, it is the best of times and the worst of times. Yesterday the world’s largest crypto exchange Binance pleaded guilty to criminal charges and will pay a record $4.3 billion fine to the U.S. Department of Justice and the CFTC. Its billionaire founder Changpeng Zhao agreed to step down as CEO. ”Using new technology to break the law does not make you a disruptor. It makes you a criminal,” warned United States attorney general Merrick Garland. At the same time, crypto’s flagship currency, bitcoin, is up 120% in 2023 and the entire crypto market capitalization has recovered more than $800 billion since the collapse of the crypto exchange FTX and arrest of its now-convicted founder Sam Bankman-Fried.
Investors brave enough to speculate in crypto markets are understandably concerned over its future. Is the sector’s long winter finally over? Or are more dark days ahead as the regulatory crackdown continues? Rather than attempt to make a broad crypto market call, Forbes decided to weigh in on five bellwether cryptos.
Investors brave enough to speculate in crypto markets are understandably concerned over its future. Is the sector’s long winter finally over? Or are more dark days ahead as the regulatory crackdown continues? Rather than attempt to make a broad crypto market call, Forbes decided to weigh in on five bellwether cryptos.
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