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Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020
7.7.2020
Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in the instruments during the month in review. In May, derivatives – contracts...
Bitcoin Investors Pocketed 42% in Gains During the Second Quarter of 2020
1.7.2020
The second quarter of 2020 was very profitable for bitcoin investors, according to data analytics firm Skew. During the period, the top cryptocurrency climbed 42%, its fourth-best quarterly close since 2014. For the March quarter, the digital asset fell 10.6%, dragged by the massive Black Thursday...
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...
83% of Bitcoin Addresses Currently Profitable, Says Glassnode
24.6.2020
At least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known as the ‘Black Thursday.’ At the time, only 45% of all the BTC addresses were profitable...
Bitcoin, Ether ‘Recovered Most of Their Losses’ after March Crash – Report
23.6.2020
The world’s two most popular cryptocurrencies have recovered well following flash crashes in March – and the number of small-scale crypto owners appears to be on the rise, per a new report.
These were the findings of the latest CoinMetrics State of the Network report, published today.
The report’s...
Bitcoin ‘Realized Cap’ Hits New High Similar to Pre-March $3K Crash
19.6.2020
The realized cap of Bitcoin hit an all-time high just like in February 2020 when BTC price marked a local top
Stock Market Crash Threatens Bullish Bitcoin Consolidation Sub-$10K
19.6.2020
The Bitcoin price bulls and bears will be looking to tip the scales in their favor over the weekend as the bullish structure for BTC remains intact
Fiat Crash Not a Prerequisite for Bitcoin Takeoff, Says Saifedean Ammous
19.6.2020
Source: Fundación Rafael del Pino video screenshot.
Do fiat currencies need to fail for crypto to truly take off? For many crypto experts hoping for monetary collapse and a digital coin-powered revolution, bitcoin (BTC) dominance seems impossible without a massive public loss of faith...
Dollar Crash Imminent, Former Morgan Stanley Chief Economist Stephen Roach Predicts
18.6.2020
Stephen Roach, former chief economist at Morgan Stanley, has predicted that a dollar crash is coming, forecasting a 35% drop in the dollar’s value against other major currencies. He expects the U.S. national savings rate to sink deeper into negative territory than it has ever done before....
3 Reasons Why Bitcoin Price Could Crash if US Stock Market Collapses
12.6.2020
Experts are anticipating a stock market crash in the near term. Bitcoin may follow suit due to three main factors
EToro CEO Predicts Market Crash ‘Within 3 Weeks’ — Safe Haven Bitcoin?
10.6.2020
The largest cryptocurrency’s gradual “decoupling” from stocks may see a major test in the coming weeks, warns eToro’s Yoni Assia
Stocks Steal Spotlight From Bitcoin Despite Market Crash Warnings
10.6.2020
Stock market seems to have stolen some attention from bitcoin (BTC), with young investors turning to equities. But as many expect a sharp correction and more volatility ahead, crypto analysts wonder what this would mean for the world's oldest crypto.
"So far bulls are in charge," writes...
Bitcoin’s Flash Rally to $10,400 was “Fake”, Short the Cryptocurrency, Warns Renowned Trader Bollinger
3.6.2020
Long time trader John Bollinger has warned that bitcoin’s flash rally to over $10,400 on Monday was fake, adding that losses might be on the way. “This is a Head Fake at the upper Bollinger Band for $btcusd,” tweeted Bollinger, inventor of the Bollinger Bands indicator....
Defying Corona Crash, BlockTower Crypto Fund Stretches 30% Total Return to 73%
28.5.2020
When coronavirus shutdowns roiled financial markets, BlockTower Capital more than doubled its cryptocurrency hedge fund's previously so-so returns
FOMO Risk? THETA Outpacing Bitcoin With 1000% Gains Since March Crash
25.5.2020
THETA and THETA Fuel have rallied 1000% since Black Thursday, is it time for altcoins to rally as Bitcoin price falls?
Miner Revenues Crash, But This Has Always Marked Bitcoin Price Bottoms
21.5.2020
The drop-off in Bitcoin mining revenue to 2019 levels show a macro bottom for BTC is near as the impact of the halving is starting to be felt
Covid-19 Economy Fuels Faith in Crypto: Trust In Bitcoin Over Banks Increased 3X Since 2017
19.5.2020
The market research organization, The Tokenist, recently published a report called “Comparing Public Bitcoin Adoption Rates in 2020 vs 2017.” The study’s findings give a comprehensive look at the cryptocurrency ecosystem between 2017 and now. The researchers’ survey shows...
Economists Predict Worst Recession Ever for India Amid Lockdown Extension
19.5.2020
Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists...
Brace For Impact! How Would Another Stock Market Crash Affect Bitcoin?
14.5.2020
Major names in finance are raising the alarm that stocks are vastly overvalued – more so than ever. Should the traditional market crash again, how would this affect bitcoin (BTC)? Analysts believe that BTC would feel the impact, but, this time, there is a chance it might be different.
Legendary...
Craig Wright Threatened to Crash The Bitcoin Price … So What Happened?
13.5.2020
There are many halving predictions yet to come true — among them Satoshi claimant Dr Craig Wright’s ‘long term advance notice’ from 2018 that he would crash the Bitcoin price