Mark Cuban Says Bitcoin (BTC) Must Become Friction-Free to Survive, Warns Global Economy Poised for Another Move to the Downside

Mark Cuban Says Bitcoin (BTC) Must Become Friction-Free to Survive, Warns Global Economy Poised for Another Move to the Downside

Billionaire Mark Cuban is offering his take on the global financial crisis and what it would take to change his mind on emerging crypto assets like Bitcoin (BTC). Bitcoin has seen a strong reversal since last week`s highs. The cryptocurrency, which traded as high as $7,470 last week, is now changing hands for $6,550 Bitcoin`s price jumped close to $500 early on Thursday, triggering liquidations worth millions on crypto derivatives exchange BitMEX. In May, the rate at which new bitcoins are created will be cut in half. Investors might be keeping their bitcoins prior to halving next month, at which point rewards for each block mined will be reduced. Read More