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European Crypto Exchange BitBay Says Business Is Booming in March


Source: a screenshot, Instagram/bitbay Central and Eastern Europe-focused cryptocurrency exchange BitBay says that bitcoin (BTC) trading volumes have hit record levels in the past two weeks. In the past fortnight, the platform’s volume of the BTC-Polish złoty (PLN) pair hit a peak of BTC 11,233...

World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic


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 (BTC) Trades Above $6k Yet Draws a Complex Picture


Bitcoin price has been trading above $6k for the 4th day straight and has even hit as high as $6.9k on Tuesday, March 24, 2020. However, the cumulative price trend of BTC shows a similar kind of bear market entry that happened in 2018, leading to unprecedented weekly highs and lows. On the other...

Gold Faces a Very Physical Problem; Bitcoin To the Rescue!


Bitcoin's competitor, gold, found itself in a peculiar situation due to the current pandemic: it's getting increasingly difficult for it to move. Fears of stranded bullion led to London spot gold prices dropping far below U.S. gold futures. “There’s plenty of gold [...] But it’s immobilized,”...

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