Bitcoin Can Be a Hedge During Persistent Liquidity Crises: Grayscale

2019-6-14 23:00

By CCN Markets: Global financial crises are on the rise, thrusting bitcoin into the spotlight. Legendary investor Warren Buffett called bitcoin “rat poison squared,” but it turned out to be nectar, nevertheless.

The world’s largest cryptocurrency’s valuation jumped approximately 47 percent between May 5 and May 31 to close the month nearly $8,500. The same period witnessed the U. S. market’s benchmark indicator, the S&P 500, drop by approximately 6 percent. Analysts called the bitcoin price surge a net effect of the U. S. -China trade war and Chinese yuan devaluation. They now believe that the cryptocurrency became either a hedge or a

The post Bitcoin Can Be a Hedge During Persistent Liquidity Crises: Grayscale appeared first on CCN Markets

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Investor: Bitcoin could be benefiting from the economic crises around the world

Bitcoin has been on a 174 days bull rally since the low of Dec. 15, 2018, when it was trading at $3,150, which has seen its price surge 188 percent reaching $9,070 on May 30. According to some analysts and investors, the upswing may be partially be attributed to the financial crises affecting the world’s […] The post Investor: Bitcoin could be benefiting from the economic crises around the world appeared first on CryptoSlate.

2019-6-9 16:19


Investor: Bitcoin is benefiting from countries in economic crisis

Bitcoin has been on a 174-day bull rally since the low of Dec. 15, 2018, when it was trading at $3,150, which has seen its price surge 188 percent reaching $9,070 on May 30. According to some analysts and investors, the upswing may be partially be attributed to the financial crises affecting the world’s biggest […] The post Investor: Bitcoin is benefiting from countries in economic crisis appeared first on CryptoSlate.

2019-6-10 16:19


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Blockchain Being Used to Save Lives Amidst Opioid Epidemic

A growing number of start-ups and larger companies have begun to experiment with blockchain’s utility for solving public health crises — like the opioid epidemic in the United States. Cryptocurrencies have had a testy relationship with some law enforcement figures in the United States, who see popular forms like Bitcoin as a scapegoat for an ongoing opioid crisis.

2018-9-8 23:00