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13/05/20 11:04 by Yashu Gola
Bitcoin Vastly Outperforms Gold ETF on Year-Adjusted Timeframes
Bitcoin outperformed its traditional rival Gold on a year-adjusted timeframe.
The cryptocurrency’s spot price surged more than 50 percent in a year, with a string of geopolitical and macroeconom... Read More
06/05/20 14:00 by Yashu Gola
Bitcoin Hits $9.3K as S&P 500 Heads for Another Winning Session
Bitcoin topped at $9,300 for the first time in a week on “halving FOMO.”
The cryptocurrency’s upside move surfaced as the S&P 500 index pointed towards new gains at the Wednesday... Read More
04/05/20 15:15 by Yashu Gola
Bitcoin Risks an Abrupt Fall as Trump Threatens Phase One Deal With China
Bitcoin faces risks of a short-term, but steep downside correction as Donald Trump threatens to terminate the phase one deal with China.
Investor fears that a new trade war with Beijing would escalate... Read More
03/05/20 19:22 by Brenda Ngari
Gold’s Unusual Supply Squeeze Highlights Bitcoin’s Superiority: Coinbase
The coronavirus pandemic that has brought the world to a standstill has provided more perspective on bitcoin and gold and the need for a hedge against the associated uncertainty.
Yet, the flight t... Read More
01/05/20 14:21 by Yashu Gola
Bitcoin Hits $9K, Stocks Down as Investors Stare at Trade War 2.0
Bitcoin’s correlation with the S&P 500 broke Friday as it climbed circa 4.5 percent ahead of the New York opening bell.
On the other hand, futures tied to the U.S. benchmark fell 2.26 percen... Read More
27/04/20 22:23 by Brenda Ngari
Renowned Analyst Believes Ripple Has The Potential To Disrupt The Global Remittance Market. But There’s A Caveat
It’s a commonly used refrain by the Ripple supporters: The blockchain-based payments firm will eventually replace archaic systems like SWIFT for cross-border payments. This should, ideally, boost t... Read More
22/04/20 16:00 by Yashu Gola
Tether Surpasses XRP to Become the Third-Largest Cryptocurrency
The market capitalization of Tether (USDT) surpassed that of XRP this week.
The dollar-pegged stablecoin is now the third-largest cryptocurrency.
Macro factors led the demand for USDT higher, includ... Read More
20/04/20 18:00 by Tony Spilotro
VIX Points To Turbulent Week As Oil Prices Tank to Lowest in Two Decades
Traditional markets are on fire, going toe-to-toe with speculative cryptocurrencies like Bitcoin in terms of insane intraday volatility and enormous price movements. The latest shock is in oil prices,... Read More
20/04/20 17:35 by Brenda Ngari
BitMEX Donates $2.5 Million Towards COVID-19 Relief Efforts
BitMEX exchange is the latest crypto-centric entity to donate to various organizations assisting with COVID-19 relief efforts. The operator of the exchange, HDR Global Trading Limited, announced the ... Read More
20/04/20 16:00 by Yashu Gola
Bitcoin Struggles to Hold $7K as US Stocks, Oil, Gold Fall in Sync
Bitcoin briefly dipped below $7,000 as the US oil prices collapsed to their two-decade low.
The cryptocurrency’s price declined alongside US equities and Gold markets, again exhibiting a risk-on... Read More
20/04/20 14:15 by Tony Spilotro
Bitcoin Price Dragged Below $7,000 By Return to Market Chaos
Bitcoin price just broke below $7,000 Monday morning after a late Friday evening rally pushed the asset over the key level for the weekend.
However, coronavirus concerns have returned to traditional m... Read More
18/04/20 08:46 by Steve Muchoki
Coinbase Sees Drastic Uptick In Number Of Americans Investing $1,200 Stimulus Check In Crypto
The eligible American citizens have begun receiving bank checks of the coronavirus stimulus package aimed at helping them cope up with the pandemic challenges. However, Coinbase has revealed that som... Read More
14/04/20 19:30 by Tony Spilotro
Gold Taps New High, Indicators Show Rally Has More Fuel in the Tank
Gold‘s growth continues to sustain, reaching new highs this week not traded since the last economic recession.
The rally also is showing very few signs it will slow down any time soon, and one p... Read More
08/04/20 14:39 by Brenda Ngari
Infinite Money Printing Bailouts Amid COVID-19 Are Insanely Bullish For Bitcoin: Tim Draper
We are currently in unchartered territory as the world financial system slowly comes to a halt due to COVID-19. Central banks have unveiled bailouts worth trillions of dollars to soften the brutal bl... Read More
07/04/20 19:30 by Tony Spilotro
Author Rich Dad Recommends Gold, Bitcoin as Dollar is Dying
The impact of the coronavirus will have a negative long-term effect on the economy, bringing forth a major recession and potentially with it, the collapse of the dollar. With the dollar potentially dy... Read More
06/04/20 23:43 by Brenda Ngari
Institutional Money Flowing Into The Crypto Industry Dwindled Dramatically Last Year: Report
A recent report from PwC indicates that institutional funds flowing into the cryptocurrency ecosystem reduced massively in 2019.
It’s no secret that institutional money has been on the sid... Read More
06/04/20 19:00 by Tony Spilotro
Double Dragon: Is Ethereum Ready For Violent Reversal?
Ethereum continues to struggle amidst the current vicious and volatile market environment caused by the coronavirus outbreak and recession on the horizon.
But following a historic market collapse that... Read More
06/04/20 18:00 by Tony Spilotro
Rough Week Ahead, Correlation With Stock Market Could Be Deadly for Bitcoin
Bitcoin price has nearly doubled since the cryptocurrency experienced a massive collapse in mid-March, falling to as low as $3,800.
Although the first-ever cryptocurrency is now trading at prices abov... Read More
05/04/20 16:03 by Edwin Kinoti
Warren Buffett’s Grandsons to Prefer Bitcoin? Binance CEO Thinks So
Warren Buffett appears to have finally felt the impact of the ongoing economic crisis after his company Berkshire Hathaway, confirmed the sale of airline stocks.
The Berkshire Hathaway owner and C... Read More
04/04/20 16:52 by Brenda Ngari
Bitcoin.com Lays Off Half Of Its Workforce With Bitcoin Cash Halving Only 4 Days Away
It appears that gloomy days lie ahead for the Bitcoin Cash (BCH) camp. According to recent reports, Bitcoin.com has reportedly cut 50% of its workforce with only four days remaining until Bitcoin Cas... Read More
03/04/20 17:00 by Brenda Ngari
Ripple Co-Founder Chris Larsen Announces His Full Recovery From Coronavirus
With the uncontrolled spike in the number of coronavirus cases in the past few days, it’s difficult to look on the bright side. Yet, quite a number of people have made a full recovery after testing... Read More
02/04/20 18:00 by Tony Spilotro
Surging Demand and Seized Supply Spark Rapid Growth in Tether’s Digital Gold
As fears over the coming economic recession continue to mount, demand for gold continues to surge. And as mining operations have frozen due to the coronavirus outbreak, there’s a recipe for dwindlin... Read More
02/04/20 00:00 by Yashu Gola
Two Crypto Tokens Beat Bitcoin in Q1 after Jointly Surging 450%
The first quarter left bitcoin under stress as it gave up all its early yearly gains to the fast-spreading Coronavirus pandemic. As of March 31, 23:59 UTC, the cryptocurrency was down by 10.53 percent... Read More
01/04/20 14:40 by Yashu Gola
Three Key Reasons Why Bitcoin Could Plunge Below $5,000 in April
Bitcoin prices plunged sharply over the first three months of the year as concerns about the global coronavirus pandemic and its impact on the economy grew.
The benchmark cryptocurrency closed the yea... Read More
31/03/20 18:42 by Yashu Gola
Halving Battles Coronavirus as Bitcoin Enters Its Provably Bullish Quarter
Bitcoin is set to close its one of the most roller-coaster fiscal quarters in a negative area. But the cryptocurrency’s biggest test now lies in the 2020’s second quarter as it arrives in ... Read More
31/03/20 17:49 by Brenda Ngari
Bitcoin Poised For A Vicious Sell-Off In Near-Term, Crypto-Friendly US Congress Candidate Says
As the coronavirus pandemic rages on, the global economy hangs in a very precarious position. Bitcoin has gained circa 1.5% over the last 24 hours to trade at around $6,476.
David Gokhshtein, a pr... Read More
30/03/20 19:00 by Tony Spilotro
Crypto Market Reaches Longest Stretch of Extreme Fear In Over A Year
Bitcoin and the rest of the crypto market has since staged a strong recovery following the massive, record-breaking crash caused by coronavirus fears spilling into financial markets earlier this month... Read More
29/03/20 19:18 by Brenda Ngari
There’s Only A 4% Chance Bitcoin Sets A New All-Time High In 2020
The probability of bitcoin hitting a new all-time high of more than $20,000 by the end of 2020 is a mere 4%. This is according to data relayed by analytics firm Skew, which monitors the bitcoin (BTC)... Read More
26/03/20 17:49 by Brenda Ngari
Ripple Donates $200,000 In Its Fight Against The Coronavirus Pandemic
Ripple has made a donation of around $200,000 in an effort to combat the alarming coronavirus pandemic. Notably, the San Francisco-based blockchain firm has been at the forefront of fighting coronavi... Read More
24/03/20 18:27 by Steve Muchoki
How Bitcoin And XRP Could Thrive If The Dollar Is Tokenized
Bitcoin stands a big chance to survive even if the US federal government decides to tokenize the dollar. Sentiments shared by Anthony Pompliano, Co-Founder & Partner at Morgan Creek Digital, duri... Read More