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Bitcoin in Rangebound Trading as Equity Markets Fail to See Stimulus Boost
26.3.2020
The bitcoin market is looking pensive as global equities fail to respond positively to the U.S. Senate's approval of a massive coronavirus stimulus package
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...
Bitcoin Rejected Near $7K Even as US Agrees $2T Stimulus Package
25.3.2020
Bitcoin has dropped back from levels near $7,000 despite the rapidly increasing scope of fiscal stimulus efforts in the US and across the globe
Bitcoin Marches on $7K as Traditional Markets Cheer Fed’s QE Bazooka
24.3.2020
Bitcoin looks on track to test $7,000 soon, as the stock markets are rising with the Federal Reserve's open-ended easing plan
Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners
23.3.2020
The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets
Bitcoin, Gold Spike as Fed Reserve Unveils Unlimited Coronavirus Stimulus Package
23.3.2020
The Federal Reserve has announced a quantitative easing package with no upper limit to support the U.S. economy amid the coronavirus crisis
Bearish ‘Death Cross’ Price Patterns Loom for Both Bitcoin and US Stocks
23.3.2020
Bitcoin, the S&P 500 and the Dow Jones are staring at bearish chart patterns as coronavirus jitters across the markets fail to subside
How Institutional Players Like CME, CBOE and Bakkt Influence the Bitcoin Price
23.3.2020
The introduction of institutional heavyweights like CME, CBOE and Bakkt to the bitcoin space was heralded by many as the key to solidifying bitcoin’s mainstream acceptance, and driving prices to a stabilized moon. While this hasn’t played out exactly as some predicted, it is still early...
Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate
23.3.2020
Extreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in common. Both markets have been buffeted by the covid-19 economic downturn, but while bitcoin has stabilized, oil keeps plummeting. What...
Australian Share Market Reveals Potential Storm for US Equities While Bitcoin Falls
23.3.2020
The ASX fell sharply during its opening session Monday after Australia's Prime Minister announced drastic measures to curb the spread of coronavirus
Chinese Censorship, Falling Prices, Illegal Mining & More: Bad Crypto News of the Week
21.3.2020
Check out this week’s Bad Crypto News
10 Loan Providers Taking Crypto as Collateral, If You Think the Time Is Right for Hodling
21.3.2020
If you are not ready to part with decentralized money, at a time when prices are relatively low, but need some fiat cash to cover costs in times of crisis, crypto-backed loans are a working solution. A number of platforms offer this type of service and their popularity is growing among...
Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms
20.3.2020
On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage last week. The entire cryptoconomy gained a quick $39 billion during Thursday and Friday’s trading sessions and global trade volume has spiked significantly as well....
Bitcoin Claws Back Over 40% of Recent Price Selloff With Surge Above $6.8K
20.3.2020
Bitcoin passed $6,900 on Friday, helping the cryptocurrency erase a significant portion of the recent losses
How Long Will the Market Downturn Last?
20.3.2020
When will normality return? How long till global markets recover and bitcoin resumes the bull run it was teasing at before the coronavirus materialized? These are questions that all investors are pondering as the epidemic wreaks havok on gold, oil, stocks and – up until March 19 –...
Bitcoin Oversupply Issue Over & Prices Now Stable, Says Chainalysis
19.3.2020
Blockchain and analytics specialist Chainalysis says that although bitcoin (BTC) inflow volumes to exchanges are still high, it looks as though prices have attained some degree of temporary stability.
In a recent report on the state of the BTC market, analyst Philip Gradwell wrote,
“The majority...
Bitcoin Sees 9% Gain as Turmoil Hits the Forex Markets
19.3.2020
Bitcoin is gaining amid a selloff in most fiat currencies and could rise further if the U.S. stock markets track European equities higher
CME Bitcoin Options Volume Hits Record Low, While Bakkt Goes Weeks With No Trades
19.3.2020
Demand for bitcoin options on regulated U.S. derivatives exchanges has dried up even as price volatility reaches record highs
Billion-Dollar Bitcoin Lawsuit Continues – Craig Wright Ordered to Pay $165K in Legal Fees
18.3.2020
While the cryptocurrency community deals with floundering market prices, the billion-dollar Kleiman v. Wright Lawsuit continues in Florida. On March 17, a court filing shows that the self-professed Bitcoin inventor Craig Wright has been ordered by the judge to pay $165,500 in attorney fees. U.S....
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...