The bitcoin price has been on a decline since January, and analysts believe the mid-term correction of bitcoin was caused by the massive sell-off by Fortress and Mt. Gox trustee. Still, retail investors are seeing a good opportunity to enter the cryptocurrency market. Institutional Demand Throughout its 10-year history, bitcoin has had many major corrections.
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Fraud is alarmingly widespread among cryptocurrency investment promoters, according to a report by the Texas State Securities Board. Texas leads the United States in cryptocurrency crackdowns. The board compiled its findings in a report, where it discovered that among 32 crypto investment promoters it had investigated during a four-week period, none were registered to sell securities.
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