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Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors


While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term...

Money Printers Might Help Bitcoin & Its Derivatives Market - Deribit CCO


Anti-crisis measures taken by governments and central banks around the world might indirectly help bitcoin (BTC) and its derivatives market, according to Luuk Strijers, CCO of major crypto derivatives exchange Deribit. "Printing money and lowering rates by governments might actually turn...

Bitcoin Brings a Ray of Hope in the Market; Wins Back the $6200 Price Mark


Bitcoin has finally managed a bullish breakout that is likely to propel a fresh increase in the market BTC surpassed the $6000 price mark yesterday with a firm rebound movement; the much-needed price rise is surely going to push the altcoins towards recovery The price has escalated by more than...

Bitcoin and Altcoins Gaining Bullish Momentum, Market Up 20%


After forming a support base above the USD 5,200 level, bitcoin price started a strong rise. BTC/USD broke the key USD 5,550 and USD 5,850 resistance levels to move into a positive zone. The price is now (08:00 UTC) trading well above USD 6,000 and facing a couple of hurdles near...

How Long Will the Market Downturn Last?


When will normality return? How long till global markets recover and bitcoin resumes the bull run it was teasing at before the coronavirus materialized? These are questions that all investors are pondering as the epidemic wreaks havok on gold, oil, stocks and – up until March 19 –...

Darknet Vendors Work Overtime as Police Halt Drug Arrests


The coronavirus is having a strange effect on the war on drugs. Narcotics activities that were deemed serious crimes only a week ago have been dropped by U.S. law enforcement, who have greater concerns now that cities are under effective lockdown. Meanwhile, darknet vendors are doing their best...

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