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Federal Reserve Index: The US Is Already in Recession


The Federal Reserve Bank of Chicago’s monthly index has plunged, suggesting that the U.S. has entered a recession. The index is designed to gauge the overall U.S. economic activity and inflationary pressure. It is a weighted average of 85 monthly indicators. Fed Index Suggests the US Already...

Japanese Analyst Says Traditional Investors Will Come Flocking to Crypto


A Japanese analyst says that institutional investors are growing increasingly crypto-keen – and believes that the coronavirus pandemic will only serve to heighten their interest. Per Fisco, via Gentosha, popular Japanese blockchain and crypto author and analyst Tetsuyuki Oishi says that...

Bitcoin (BTC) Turns Down Below $7k Yet Appears Bullish


Bitcoin, at the time of writing, was trading below $7k after experiencing an intraday bearish hit and therefore fails to retain support from 50-day and 200-day MA A bearish wedge will be, however, confirmed if BTC price does not make a quick rebound It was just in the past 24 hours when the price...

Coinmama Appoints Unicorn IronSource GM Sagi Bakshi as CEO


Unicorn startup IronSource’s general manager, Sagi Bakshi, has joined cryptocurrency exchange Coinmama as CEO, saying he believes that the future of money is Bitcoin. Since 2013, Coinmama has been at the forefront of the financial revolution, working to simplify the way the world does crypto....

7 Remote Crypto and Blockchain Firms That Are Hiring Right Now


Satoshi Nakamoto created Bitcoin in 2009 as a financial safeguard against the threat of another global economic disaster, following theContinue Reading The post 7 Remote Crypto and Blockchain Firms That Are Hiring Right Now appeared first on CoinMarketCap Blog

Is Online Gambling With Bitcoin Legal?


All over the world Bitcoin has assumed importance. Now, what exactly is Bitcoin? It is a kind of cryptocurrency that can actually be decoded into long letters and numbers. Actually, a mathematical algorithm is employed to generate these Bitcoin through encryption of these letters and numbers....

Bond Yields Nearing Zero Offer Support to Bitcoin - Analyst


While some analysts now point out that bitcoin (BTC) is looking somewhat weak from a charting standpoint, others are painting a bullish picture for bitcoin, with lower bond yields and a weak stock market, leading investors to look for alternatives outside of the financial system. Among the many...

Bitcoin And Altcoins Flirt With Key Supports Amid Sell-off


After struggling to surpass the USD 7,200 resistance, bitcoin price started a downside correction. BTC/USD broke the USD 7,000 support and it is currently struggling to stay above USD 6,850. Any further losses may perhaps push the price towards the key USD 6,550 support zone. Similarly, there was...

Mining Difficulty Might Reach All-Time High Before Bitcoin Halving


Bitcoin (BTC) mining difficulty just saw its biggest rise in six months and it's estimated it'll reach an all-time high in two weeks. Bitcoin mining difficulty, a measure showing how hard it is to compete for mining rewards, just went through another adjustment, and the numbers were close to what...

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