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No Inflation? Here It Is – Hidden in Plain Sight


Popular among politicians, media, and central bankers alike is the claim that in spite of all the quantitative easing (QE) and zero-leaning or negative interest rates of current times, inflation is under control. As the statistics show, nothing could be further from the truth. There are some very...

Bitcoin and Altcoins Could Correct Further Before Higher


This past week, bitcoin price started a downside correction from well above the USD 9,500 support area. BTC/USD traded below the USD 9,200 support area, but it found bids near the USD 9,000 and USD 8,950 levels. The price is consolidating (09:00 UTC) above the USD 9,000 level, but there is a risk...

Argentina’s Example Shows That You Don’t Own Your Money


Cash shortages, bank closures and ATMs running out of funds seems to be the new norm for many countries, and recently increased capital controls in Argentina are further testament to this unsettling trend. Sunday’s election of president Alberto Fernández has resulted in Argentine account...

Bitcoin Price and Altcoins Poised for Further Appreciation


This past week, bitcoin price started a strong upward move from the USD 7,550 support area. BTC/USD gained more than 25% and broke many resistances near USD 8,500 and USD 9,000. It even rallied above USD 10,000 before starting a downside correction. Currently (08:00 UTC), the price is trading above...

Bitcoin.com Joins the Coinex Chain Pre-Election Node Process


Trading platform Coinex recently announced the creation of a public decentralized exchange (dex) blockchain that leverages the consensus protocols Tendermint and the Cosmos SDK. This month, up until the mainnet launch, Coinex is in the midst of its pre-election process with new node participants...

It’s on you


CoinMarketCap Daily Newsletter Your daily newsletter for 24 October, 2019 Change “If you think you're too small to make a difference, try sleeping with a mosquito in a room.” – Dalai Lama Happy Thursday! Without further ado, let's see what's up […] The post It’s on you appeared first...

Bitcoin ATM in Miami Airport Raises Questions About Traveling With Crypto


Miami based bitcoin ATM maker Bitstop has recently installed Miami International Airport’s first crypto ATM, according to a press release issued October 15. The installation adds to the 106 machines the company has already placed across the U.S. Further, it raises important questions about...

Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed


Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial...

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet


U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...

Bitcoin Price, Altcoins Poised For Further Weakness


This past week, bitcoin price declined heavily below the USD 9,000 and USD 8,500 support levels. BTC/USD even traded below USD 8,000 and it is currently (08:00 UTC) showing signs of bearish continuation. Similarly, most major altcoins, including ethereum, ripple, EOS, BNB, litecoin, bitcoin cash...

Bitcoin Could Decline Further, Altcoins Won't Go Down Quietly


After consolidating losses and a short term upside correction, bitcoin price resumed its decline below the USD 8,300 level. BTC/USD even broke the USD 8,000 support area and traded to a new monthly low near USD 7,750. The price is currently correcting losses (08:00 UTC), but upsides are likely...

Bitcoin Price and Altcoins Might Drop Further


After bitcoin price struggled to climb above USD 10,000, the bears took control. As a result, there was a massive drop in BTC/USD below the USD 9,500 and USD 9,000 support levels. The price traded towards the USD 8,000 level and recently started an upside correction. Similarly, there were heavy...

Crypto Market Sentiment Drops Further; BTC and XMR This Week’s Losers


We find the average crypto market sentiment measure, Sentscore, for the top 10 coins by market capitalization at 5.01/10 this week, compared to 5.22 last Monday, thus dropping for the second week in a row, according to Omenics, a crypto market sentiment analysis service. For the third week in...

Iran Is Being Targeted for Economic Independence, Not Terrorism


New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...

Most Top 10 Coins' Trading Volumes Increase; BTC's Drop Further


After the July and August drop in trading volumes for the top 10 coins, some of them have seen an increase in daily average volumes in September. Bitcoin’s (BTC) volumes, however, decreased further. Comparing the total trading volume in June, when bitcoin price jumped above USD 13,000, and that...

Atomars Announces Listing of Tron; Could Further Propel Adoption of TRX


Founded in the year 2017, Tron is a distributed ledger platform and counted among one of the key players in the blockchain industry. The company is led by Justin Sun and has got many credible technology stalwarts in its list of core team members. The cryptocurrency used by the network is Tronix...

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