[ad_1]<div _ngcontent-c14 = "" innerhtml = "
Bitcoin, along with other major cryptocurrency waves (XRP), ethereum, bitcoin, stellar and litecoin liquidity, have returned to investors and traders in the last 24 hours a wave of warnings on the future of cryptocurrencies.
The the price of bitcoin is falling since a civil war on a bitcoin fork, bitcoin money, led to the smaller cryptocurrency that split back into two. The bitcoin in cash, the so-called hard fork, due to the fact that the developers and miners of the currency were not able to agree a direction to take the cryptocurrency, led to the creation of bitcoins ABC and bitcoin SV.
The two continue to fight for domination, do what is known as hash war, while everyone tries to take the upper hand in computing power and takes control of the bitcoin cash network.
Bitcoin has been stuck in a downward trend for the whole year and the bitcoin cash civil war has further tested the support. (Photo by Jordan Mansfield / Getty Images)Getty
Bitcoin cash was rejected last week for the initial-0ff sale, canceling billions from the value of bitcoin, ripple (XRP) and ethereum, but has led to many analysts and groups denouncing the chaotic nature of cryptocurrencies and their inadequacy as currency and a reserve of value.
After last week's sell-off, the price of bitcoin found support at around $ 5,500, but has now eroded, with bitcoin falling by around 3% in the last 24 hours to less than $ 5,380-The lowest price since October of last year. & Nbsp;
Meanwhile, ripple, the common name for the XRP digital token, has dropped by more than 6% but has erased its gains in recent weeks. The price of ethereum fell further, losing 8% and strengthening the position of ripple as the second cryptocurrency in the world, with bitcoins still ahead.
The bitcoin price has slipped back to the annual lows in the last 24 hours.Coindesk
Giant accountant KPMG last week warned bitcoins and other cryptocurrencies not ready to be classified as real currencies and that the use of bitcoins as a store of value is a "fool's commission."
KPMG has discovered that for "cryptocurrencies and related resources it is necessary to prosper" institutionalization "– Something that many expected to happen this year, but which so far failed to materialize, given that banks and global financial institutions are waiting on the sidelines to see how the regulatory authorities will move.
Institutionalization is, according to KPMG, the large-scale participation of fintech companies, banks, payment institutions, exchanges, broker-dealers and other entities in a sector.
"Greater participation by the wider financial services ecosystem will help generate trust and scalability for the tokenised economy and help the encrypted market grow and mature," said KPMG chief economist Constance Hunter .
">
Bitcoin, along with other major cryptocurrency waves (XRP), ethereum, bitcoin, stellar and litecoin liquidity, have returned to fall within the last 24 hours as investors and traders worry about a flood of warnings about the future of cryptocurrencies.
Bitcoin's price has been falling since a civil war on a bitcoin fork, bitcoin money, has led to the smaller cryptocurrency that splits back into two. The bitcoin in cash, the so-called hard fork, due to the fact that the developers and miners of the currency were not able to agree a direction to take the cryptocurrency, led to the creation of bitcoins ABC and bitcoin SV.
The two continue to struggle for dominance, leading what is known as a hash war, while each seeks to take the upper hand in computing power and take control of the bitcoin cash network.
Bitcoin has been stuck in a downward trend for the whole year and the bitcoin cash civil war has further tested the support. (Photo by Jordan Mansfield / Getty Images)Getty
Last week, the cash bitcoin was rejected for the initial-0ff sale, canceling billions from the value of bitcoin, ripple (XRP) and ethereum, but led to many analysts and groups denouncing the chaotic nature of cryptocurrencies and their inadequacy as currency and a store of value.
After last week's sell-off, the price of bitcoin found support at around $ 5,500, but has now eroded, with bitcoin falling by around 3% in the last 24 hours to less than $ 5,380-It's the lowest price since October of last year.
Meanwhile, ripple, the common name for the XRP digital token, has dropped by more than 6% but has erased its gains in recent weeks. The price of ethereum fell further, losing 8% and strengthening the position of ripple as the second cryptocurrency in the world, with bitcoins still ahead.
The bitcoin price has slipped back to the annual lows in the last 24 hours.Coindesk
Accountant giant KPMG warned last week that bitcoins and other cryptocurrencies are not ready to be classified as real currencies and that the use of bitcoins as a store of value is a "wrong excuse".
KPMG has discovered that for cryptocurrencies and related resources to thrive they need "institutionalization"– Something that many expected to happen this year, but which so far failed to materialize, given that banks and global financial institutions are waiting on the sidelines to see how the regulatory authorities will move.
Institutionalization is, according to KPMG, the large-scale participation of fintech companies, banks, payment institutions, exchanges, broker-dealers and other entities in a sector.
"Greater participation by the wider financial services ecosystem will help generate trust and scalability for the tokenised economy and help the encrypted market grow and mature," said KPMG chief economist , Constance Hunter.
