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‘Boomer Generation’ In for a Rude Awakening – Macro Economist Predicts $1M Bitcoin by 2025
24.4.2020
Just recently, a report from Global Macro Investor (GMI) called “The Unfolding” claims that the world is experiencing the biggest economic event that hasn’t been seen in the last 150 years. GMI’s CEO Raoul Pal authored the report and he strongly believes the digital asset...
Bitcoin News Roundup for April 24, 2020
24.4.2020
BTC could hit $9K this year and Purse might have a second life. It's CoinDesk's Markets Daily Podcast
Another Prominent Investor Says Bitcoin Could Hit the USD 1m Mark
24.4.2020
Raoul Pal. Source: a video screenshot, Youtube/Real Vision Finance
Another prominent Bitcoin bull is tipping bitcoin (BTC) to reach a price of USD 1 million within the next few years, just over a year IBM’s former head of crypto made a similar prediction, following on from eccentric tech magnate...
Bitcoin Soars to Its Highest Level Since Crashing in March
24.4.2020
Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19...
Argentina, Venezuela Seek Crypto-powered Solution to Economic Despair
24.4.2020
The coronavirus pandemic has sent much of the world into an economic tailspin – but for some South American nations, such as Argentina and Venezuela, financial turmoil predates the health crisis by several months. Now innovators in both countries have turned to blockchain technology...
AI Says Only Bitcoin, Ethereum, And Tezos To Rise Next Week
24.4.2020
While bitcoin (BTC), ethereum (ETH), and tezos (XTZ) could go up in the next week, an artificial intelligence (AI) system predicts that the same fortune doesn't await the rest of the top 10 coins.
Crypto data firm Nomics has announced on Wednesday the beta release of 7-day cryptoasset price...
Bitcoin And Altcoins Consolidate Post-Rally Gains
24.4.2020
Yesterday, we discussed the chances of a fresh monthly high in bitcoin price above the USD 7,200 resistance. BTC/USD did gain bullish momentum above the USD 7,200 and USD 7,450 resistance levels. It traded to a new monthly high close to USD 7,750 and it is currently (08:30 UTC) consolidating...
Purse Reverses Decision To Close, Roger Ver 'In Talks' With the Company
24.4.2020
Bitcoin company Purse reversed its decision and decided against closing its doors, after it was thrown a lifebelt in the form of a potential acquisition.
"Several parties - including well known bitcoin advocates, high volume users, and established cryptocurrency companies - reached out with...
Bitcoin Email Scams 2020: Threatening Blackmail Tactics Used to Demand BTC
24.4.2020
The number of bitcoin email scams has been growing in 2020 and the authorities in several countries have warned of new blackmail tactics used in threatening email scams asking for bitcoin. As the world scrambles to cope with the coronavirus pandemic and economic crisis, email scams are taking...
Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
24.4.2020
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain...
Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days
23.4.2020
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained...
Bitcoin to Be Digital Gold in 2020, Says Bloomberg Report
23.4.2020
Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by...
Bitcoin Hodlers Accumulate, Binance-Backed Crypto App For Africa + More News
23.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Crypto market researcher Glassnode has announced that Hodler Net Position Change is now hitting yearly highs....
Bitcoin News Roundup for April 23, 2020
23.4.2020
Bitcoin is going around and around while Italy uses the blockchain to prevent fake news. It's CoinDesk's Markets Daily podcast
Bitcoin Rallies, Almost Hits Pre-Crash Level, Ethereum & Co Jump Too
23.4.2020
The most popular cryptocurrency, bitcoin (BTC) rallied on Thursday sharply, almost recovering all losses suffered on Black Thursday in March.
At pixel time (14:55 UTC), BTC trades at c. USD 7,573 and is up 5% in an hour and 6% in a day. The price increased 8% in a week and 12% in a month.
BTC...
General Bytes ATM Developers Add Two-Way Support for Bitcoin Cash-Based SLP Tokens
23.4.2020
The Simple Ledger Protocol (SLP) has been extremely popular among Bitcoin Cash (BCH) advocates and the SLP token universe has grown quite large. SLP tokens have seen a myriad of applications built around them and a slew of unique tokens have gained real-world value after being listed on exchanges....
Bitcoin Market Returns to ‘Rational Levels’ - Report
23.4.2020
The crypto market is “returning to rational” levels as the correlation between bitcoin (BTC) price and spot trading volume has dropped following the crypto market plunge on March 12, according to TokenInsight, a token data and rating agency.
Total trading volume across almost 300 spot exchanges...
Bitcoin And Altcoins Target Fresh Monthly Highs
23.4.2020
Yesterday, we discussed the chances of a decent upward move in bitcoin price above the USD 7,000 resistance. BTC/USD did rise above the USD 7,000 and USD 7,050 resistance levels. It tested the USD 7,200 resistance and is currently (08:30 UTC) consolidating gains with minor corrective...
Facebook Buys Stake in Reliance Jio — How the Deal Affects Cryptocurrency in India
23.4.2020
Facebook is buying a stake in Reliance Jio, India’s largest telecom operator. The deal has boosted Reliance Industries’ share price and is welcomed by the Indian cryptocurrency community. Besides Facebook’s investment into Reliance Jio, Whatsapp has also entered into a partnership...
Anyone Can Host a Crypto Exchange – Tim Draper Backed Startup Launches New WordPress Plugin
22.4.2020
There’s a new plugin available that gives people the ability to launch a cryptocurrency exchange on any WordPress-based website. The project called Wpcryptoexchange is a product created by the Tim Draper-backed startup Draper Goren Holm. With the plugin, anyone can launch a digital currency...