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Cryptocurrency News Roundup for March 23, 2020

Following a brief dip below $6,000 on Monday, Bitcoin once again anchored itself around the mid-$6,000s by the end of the day. Nearly all major altcoins have followed suit by staying green. Compare that to the 3% drop in S&P 500 on Monday, which has further shaken investors’ confidence after last week’s 15% plunge, and […] The post Cryptocurrency News Roundup for March 23, 2020 appeared first on BeInCrypto. дальше »

2020-3-24 09:58


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Could Central Bank Digital Currencies Ever Replace Fiat Money?

The idea of a central bank digital currency (CBDC) has been under consideration by central banks across the globe ever since cryptocurrencies such as Bitcoin started gaining popularity. As a precursor to implementing such a nationwide digital currency, central banks across the globe have two options: bar all cash transactions or allow the general population […] The post Could Central Bank Digital Currencies Ever Replace Fiat Money? appeared first on BeInCrypto. дальше »

2020-3-23 23:05


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The Bitcoin Price Has Reclaimed an Important High Time-Frame Support

The Bitcoin price began a rapid decrease on March 19, at one point increasing by 22% from its low of $5,252. The price has continued its increase today, reaching a high of $6,900. Well-known trader @CryptoCred posted a Bitcoin chart stating that the price is trading inside a very significant weekly time-frame area, with support […] The post The Bitcoin Price Has Reclaimed an Important High Time-Frame Support appeared first on BeInCrypto. дальше »

2020-3-21 20:15


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Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency

The Federal Reserve Board announced Tuesday the establishment of a Commercial Paper Funding Facility (CPFF) to support the flow of credit to small businesses and households. With further volatility expected in the traditional markets due to Coronavirus fears, it could provide the right opportunity for Bitcoin to step in on the dominance of the American […] The post Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency appeared first on BeInCrypto. дальше »

2020-3-19 08:10


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Bitcoin Is Holding Its Own, and That’s Not Too Shabby

While no asset has proven to be a rock star during this tumultuous market meltdown, the Bitcoin price appears to be holding its own in the short-term. In fact, one might say that it is trading in an uncorrelated manner to stocks and bonds after it managed to eke out gains while every other asset […] The post Bitcoin Is Holding Its Own, and That’s Not Too Shabby appeared first on BeInCrypto. дальше »

2020-3-19 06:15


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US Govt Pushes Plan to Send Americans Checks amid Faltering Economy

President Trump has always been a ‘go big or go home’ type of guy, and now one might say he’s putting his money where his mouth is. The U.S. government has set its sights on lining your pockets with cash as part of a whopping $850 billion stimulus deal in its latest attempt to combat […] The post US Govt Pushes Plan to Send Americans Checks amid Faltering Economy appeared first on BeInCrypto. дальше »

2020-3-18 00:15


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Major Banks Suspend Stock Buybacks as Interest Rates Fall to Zero

Financial and crypto markets continue to quake as the coronavirus outbreak news worsens. Major US banks have taken steps to prevent stock buybacks that return capital to shareholders. According to reports, a group of major US banks including JPMorgan Chase, Bank of America, Citigroup, Morgan Stanley, Wells Fargo, Goldman Sachs and two others have suspended […] The post Major Banks Suspend Stock Buybacks as Interest Rates Fall to Zero appeared first on BeInCrypto. дальше »

2020-3-17 22:20


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Yes Bank Disaster Underscores India’s Need for Digital Currencies

India’s financial sector has been experiencing a fair amount of trouble lately, as the private bank, Yes Bank, suffers from $2.5 billion in unpaid loans. The country’s officials have introduced measures to curtail negative effects on the market stemming from local and global incidents, but a better solution would be to introduce digital assets, for […] The post Yes Bank Disaster Underscores India’s Need for Digital Currencies appeared first on BeInCrypto. дальше »

2020-3-16 16:10


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Tether Lauds Market Cap Growth Amidst Cryptocurrency Pandemonium

The cryptocurrency markets are crashing. It seems nothing is safe. Well, almost nothing… Over the last day or so, the entire cryptocurrency market has shed billions in value. One set of digital assets that has not plummeted in terms of their market capitalization, and of course dollar value, is stablecoins such as US Dollar Tether […] The post Tether Lauds Market Cap Growth Amidst Cryptocurrency Pandemonium appeared first on BeInCrypto. дальше »

2020-3-15 16:15


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Cryptocurrency News Roundup for March 12, 2020

It’s the textbook example of a market bloodbath — there’s no way to sugarcoat it. Cryptocurrency traders who didn’t get a chance to react had the worst of it. Almost $100 billion was wiped from the market cap over the past 24 hours, with Bitcoin closing 38% in the red and some major altcoins lost […] The post Cryptocurrency News Roundup for March 12, 2020 appeared first on BeInCrypto. дальше »

2020-3-13 11:21


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Bitcoin Is the Second Worst Performing Asset Over Last 24 Hours

In the last 24 hours, Bitcoin is the second worst-performing asset class, behind crude oil. It is currently down some -10.50 percent, at the time of writing. Given Bitcoin’s drastic drop in the last 24 hours amid the oil price war, the leading cryptocurrency does not seem mature enough to be treated as a global […] The post Bitcoin Is the Second Worst Performing Asset Over Last 24 Hours appeared first on BeInCrypto. дальше »

2020-3-10 18:32


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BeInCrypto Women Shine in Post-International Women’s Day Special

After commemorating International Women’s Day this past weekend along with the rest of the world, we realized that we have some pretty amazing women right here on staff at BeInCrypto. So we decided to spotlight them in a feature about the cryptocurrency market, from how they got hooked to where they see the industry going […] The post BeInCrypto Women Shine in Post-International Women’s Day Special appeared first on BeInCrypto. дальше »

2020-3-9 17:18


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3 Ways to Turn a Crypto Profit With Almost No Risk

In the last several months, the cryptocurrency market has been embroiled in a wave of volatility that has seen many cryptocurrencies fluctuate between bullish and bearish price action. Although this market is welcomed by traders that thrive on volatility — such as day traders and volatility traders — it has left more risk-averse cryptocurrency holders […] The post 3 Ways to Turn a Crypto Profit With Almost No Risk appeared first on BeInCrypto. дальше »

2020-3-5 19:00


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Coinbase’s USDC Stablecoin Racing to Catch USDT’s Market Cap

Stablecoins have become an important aspect of the cryptocurrency space, and have also become big business with some of the prominent names in the space launching their own iterations. However, even with Coinbase, Binance, and PAX all launching a stablecoin in the last couple of years one stablecoin is still hugely dominant in this sector […] The post Coinbase’s USDC Stablecoin Racing to Catch USDT’s Market Cap appeared first on BeInCrypto. дальше »

2020-3-4 20:10


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Bitcoin-Sporting Watford FC Takes Down Undefeated Liverpool

Watford FC has pulled off a surprise win against Liverpool with a final score of 3-0. While on the field, Watford FC players boasted a prominent Bitcoin logo on their jerseys. Cryptocurrencies are taking the sports world by storm – and one team has just bested all odds while sporting the Bitcoin logo on their […] The post Bitcoin-Sporting Watford FC Takes Down Undefeated Liverpool appeared first on BeInCrypto. дальше »

2020-3-1 16:50


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Bitcoin Data Skewed by ‘Short-Term Schiff’ (Again)

Gold bull Peter Schiff is at it again. The Euro Pacific Capital CEO has made his latest attempt to turn the tables on Bitcoin, gold’s chief store-of-value rival asset. But Schiff has a habit of skewing the data in gold’s favor, this time taking a short-term view that might make the precious metal appear shinier […] The post Bitcoin Data Skewed by ‘Short-Term Schiff’ (Again) appeared first on BeInCrypto. дальше »

2020-2-27 19:18


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Coronavirus Crypto Crash: Why Some Altcoins Are Dumping Even Harder

Digital asset markets have just had one of their largest dumps of the year as $20 billion flooded out over the past 24 hours. Some altcoins are getting hit harder than others though — is there a reason for this? The COVID-19 coronavirus-induced crypto rout that began on Monday has intensified every day this week, […] The post Coronavirus Crypto Crash: Why Some Altcoins Are Dumping Even Harder appeared first on BeInCrypto. дальше »

2020-2-27 16:22


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The Federal Reserve Was a ‘Decentralized Innovation’ (Like Bitcoin)

For some, it will come as a surprise that the Federal Reserve, the United States’ Central Bank, is just over 100 years old. The Fed has become so ingrained as the controller of money, and monetary policy, that it seems odd it was once an innovative, new, and decentralized idea — much like Bitcoin is […] The post The Federal Reserve Was a ‘Decentralized Innovation’ (Like Bitcoin) appeared first on BeInCrypto. дальше »

2020-2-23 11:22


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Cryptocurrency Wallet Adoption Has Tripled in Three Years

In general, the adoption of Bitcoin and other cryptocurrencies has been in an upward trend, one that has been far from uniform. Interest has spiked alongside price in what is known as a Satoshi cycle, while institutional interest in blockchain has also only recently taken off, especially during the 2018 bear market when the price […] The post Cryptocurrency Wallet Adoption Has Tripled in Three Years appeared first on BeInCrypto. дальше »

2020-2-22 03:10


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3 Things to Remember When the Bitcoin Market Turns Sour

Fear, uncertainty, and doubt — or ‘FUD’ — is the term used to describe the market hysteria that often follows sudden adverse price movements in the cryptocurrency and Bitcoin markets. However, by keeping a cool head during times of decline, it can be possible to extract profits that other traders miss — while skillful use […] The post 3 Things to Remember When the Bitcoin Market Turns Sour appeared first on BeInCrypto. дальше »

2020-2-21 15:00


Guide on How to Earn Your First Bitcoin in 2020

Guide on How to Earn Your First Bitcoin in 2020 The year 2020 is just too great for Bitcoin: from the beginning of the year, Bitcoin is up more than 30%, meanwhile crypto investors argue on Twitter, how far the world’s main cryptocurrency will go and whether 2020 will be a new record year for […] The post Guide on How to Earn Your First Bitcoin in 2020 appeared first on BeInCrypto. дальше »

2020-2-20 08:26


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Why Bitcoin Has Strengthened Against Gold

The Bitcoin correction has been short-lived, with only a couple of days spent below five figures. Gold and related stocks are also climbing — but they’re way short of the king of crypto. Digital asset markets have regained their composure today with a total market capitalization gain of $15 billion over the past 12 hours […] The post Why Bitcoin Has Strengthened Against Gold appeared first on BeInCrypto. дальше »

2020-2-19 11:46


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Can Cryptocurrencies Ease US Inflation and the Debt Crisis?

There is no doubt that the United States and global economies are starting to feel the squeeze, economically speaking, regardless of what their leaders say. U.S. inflation and household debt is skyrocketing — can cryptocurrencies ease the pains of a flawed banking system? Not a week goes by without another news article indicating that the […] The post Can Cryptocurrencies Ease US Inflation and the Debt Crisis? appeared first on BeInCrypto. дальше »

2020-2-19 07:10


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Will Litecoin Manage to Maintain its Bullish Momentum?

On Feb 16, the Litecoin price underwent a rapid price decrease. However, it is still trading above significant support areas and its long-term outlook remains bullish. Cryptocurrency swing trader @PostyXBT posted a Litecoin chart showing that while the price was initially successful in breaking through resistance, the recent Bitcoin decrease caused it to fall right […] The post Will Litecoin Manage to Maintain its Bullish Momentum? appeared first on BeInCrypto. дальше »

2020-2-18 19:10


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Bobby Lee: Bitcoin Will Eventually Reach $1,000,000 [Exclusive Interview]

BeInCrypto Turkey recently caught up with Ballet founder Bobby Lee — who previously co-founded and served as the CEO of BTCC (formerly BTCChina), the first bitcoin exchange in China — to discuss Bitcoin adoption after increased tensions between the United States and Iran, the upcoming Bitcoin halving, Peter Schiff and his wallet issues, the dangers […] The post Bobby Lee: Bitcoin Will Eventually Reach $1,000,000 [Exclusive Interview] appeared first on BeInCrypto. дальше »

2020-2-13 17:30


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Binance Coin Diverges From the Pack as Bitcoin Breaks Below $10,000

Bitcoin’s stay above $10,000 only lasted about a day as the major cryptocurrency sunk just below that key mark on Monday. This prompted the majority of the market to follow suit as most other cryptocurrencies have a strong correlation to Bitcoin’s movements, except Binance Coin (BNB) In fact, while Bitcoin may be having an impressive […] The post Binance Coin Diverges From the Pack as Bitcoin Breaks Below $10,000 appeared first on BeInCrypto. дальше »

2020-2-11 16:34


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Tether Mints 25M USDT as Exchanges See Deposits Increase to ‘Buy the Bitcoin Dip’

Today has been a busy day for whales in the cryptocurrency market. There has been a significant increase in exchange deposits across the board. Could major players be buying the Bitcoin price dip? Bitcoin has once again dropped below the $10,000 price point, and it looks like major players in the market are using the […] The post Tether Mints 25M USDT as Exchanges See Deposits Increase to ‘Buy the Bitcoin Dip’ appeared first on BeInCrypto. дальше »

2020-2-10 20:23


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Bitcoin Up 95% Since Famous Wealth Manager Warned Not to Buy It

While many like to predict the future price of Bitcoin, accuracy can vary. However, one rule that has become clear in recent years is that betting against Bitcoin is rarely a smart move. Peter Mallouk, a certified financial planner and president of a wealth management firm, is one such person who has come up with […] The post Bitcoin Up 95% Since Famous Wealth Manager Warned Not to Buy It appeared first on BeInCrypto. дальше »

2020-2-7 17:02


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Ripple CEO Berates Bitcoin Performance in Shameless XRP Shill

It’s a fact that Ripple’s XRP token has been performing well this week, but to claim that it has outperformed Bitcoin, as CEO Brad Garlinghouse has just done, is a bit hyperbolic. Ripple CEO Brad Garlinghouse has only succeeded in adding to the cryptocurrency tribalism that already permeates the scene by boasting that his company’s […] The post Ripple CEO Berates Bitcoin Performance in Shameless XRP Shill appeared first on BeInCrypto. дальше »

2020-2-6 12:18


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Bitcoin Price Dip Due to Low Interest From Wall Street?

While January proved to be an uncharacteristically productive beginning of the year for Bitcoin, the early days of February have seen the major cryptocurrency drop $450 since topping $9,600. This downward trend has thrown some who were predicting a bullish breakout, but perhaps it is down to Wall Street’s lack of interest, as recently demonstrated […] The post Bitcoin Price Dip Due to Low Interest From Wall Street? appeared first on BeInCrypto. дальше »

2020-2-5 07:32


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Bitcoin Stays Cheap — Whale Transfers 49,922 BTC ($458M) for Less Than 60 Cent Fee

One Bitcoin whale has just moved 49,922 Bitcoin (BTC) for a fee of just 60 cents. It’s yet another example of how cheap and advantageous Bitcoin still is. Is Bitcoin too expensive? It seems clear from today’s transaction, that the leading cryptocurrency is still far cheaper than retail banking, especially if you are moving large […] The post Bitcoin Stays Cheap — Whale Transfers 49,922 BTC ($458M) for Less Than 60 Cent Fee appeared first on BeInCrypto. дальше »

2020-2-4 15:02


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Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency

With the global health of banks not in a good space thanks to a potential financial crisis looming, some countries have essentially thrown in the towel sending their economies into a tailspin. Lebanon is one such country that is facing a banking crisis that is not only damaging its economy but also looks as if […] The post Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency appeared first on BeInCrypto. дальше »

2020-1-28 09:18


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China BTC Volume on LocalBitcoins Hits 2-Year Low, Baidu Searches Dwindle

LocalBitcoins is showing its lowest volume in China in two years. Volume for the popular marketplace hovered at around 4.5 million yuan for the week of Jan 25. This has coincided with a drop in Bitcoin’s search volume on the Chinese search engine, Baidu, which has also hit a new low over the past 30 […] The post China BTC Volume on LocalBitcoins Hits 2-Year Low, Baidu Searches Dwindle appeared first on BeInCrypto. дальше »

2020-1-27 12:01


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TRON Dedicates Upcoming Blockchain Summit to Kobe Bryant

The TRON Foundation will dedicate the upcoming niTROn Summit to legendary NBA player Kobe Bryant, who, along with his 13-year-old daughter Gianna, died in a helicopter crash on Sunday morning. TRON Founder and CEO, Justin Sun, who had previously participated in a panel discussion with the five-time NBA championship winner, has also acknowledged the passing […] The post TRON Dedicates Upcoming Blockchain Summit to Kobe Bryant appeared first on BeInCrypto. дальше »

2020-1-27 10:36


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Peter Schiff Is the Last Person Who Should Lecture the Public on Bitcoin

Peter Schiff has spent the past few years bashing Bitcoin and advising people not to even touch it, leading one to wonder why he’s bent on giving counsel about the asset. On Sunday, the gold bug sparked a massive debate over cryptocurrencies and their storage after he announced on Twitter that he had lost access […] The post Peter Schiff Is the Last Person Who Should Lecture the Public on Bitcoin appeared first on BeInCrypto. дальше »

2020-1-25 20:10


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Bitcoin Cash Proposed Miner Tax Could be a Suicidal Move

It has been suggested by BTC.Top CEO Jiang Zhuoer and a cartel of other miners, that a 12.5 percent tax be imposed on Bitcoin Cash (BCH) block rewards for development fees on the protocol. This comes with a threat of orphaned blocks for those who don’t adhere to the payment and an overarching feeling of […] The post Bitcoin Cash Proposed Miner Tax Could be a Suicidal Move appeared first on BeInCrypto. дальше »

2020-1-24 16:10


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XLM Initiates a Strong Bounce at the Range Low

On January 14, the XLM price reached a low of 572 satoshis. It has been increasing since, reaching a high of 751 satoshis on January 19. However, the rally seems to have stalled. The bearish short-term pattern suggests that the XLM price is likely to revisit its breakout level at 660 satoshis before resuming the […] The post XLM Initiates a Strong Bounce at the Range Low appeared first on BeInCrypto. дальше »

2020-1-20 21:18


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Augur Doubles in Value Before Retracing Slightly, Will Another Surge Follow? [Premium Analysis]

On January 15-16, the REP price doubled in value. But, the higher price levels could not be sustained and REP has been decreasing since. The failure of the price to break out above the previous breakdown level is a bearish development, and despite the recent surge, we do not believe REP has begun a long-term […] The post Augur Doubles in Value Before Retracing Slightly, Will Another Surge Follow? [Premium Analysis] appeared first on BeInCrypto. дальше »

2020-1-18 04:49


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Are Central Bank Policies Causing the Cryptocurrency Pump?

Recent price action across the cryptocurrency market has seen certain coins almost double in value and Bitcoin come back towards a bullish trend. There are a few theories as to what has sparked this turnaround, but could it be a reaction to central bank policies? Fears over a potential global recession have been heightened in the last […] The post Are Central Bank Policies Causing the Cryptocurrency Pump? appeared first on BeInCrypto. дальше »

2020-1-16 09:01


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Bitcoin SV Delistings Helping It Scam Pump, Claims Bitfinex Whale

Bitcoin SV (BSV) took serious criticism in 2019 — which led to its delisting on multiple exchanges, particularly Binance. However, this may have allowed it to scam pump easier in 2020. Joe007 (@J0E007), a self-proclaimed ‘proto-Bitcoin Whale’ who has topped Bitfinex’s leaderboard, usually provides Twitter with insight on the inner working of the cryptocurrency world, […] The post Bitcoin SV Delistings Helping It Scam Pump, Claims Bitfinex Whale appeared first on BeInCrypto. дальше »

2020-1-16 21:29


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The FCT Price Could Increase by 9x in 2020

The FCT price could soon begin an upward move. If the previous price history is any indication, it will reach a high between 150,000-250,000 satoshis. On January 8, we posted a tweet outlining the top five projects to keep an eye on in 2020, which are: QNT OCEAN XTZ DAG FCT Here Are the Five […] The post The FCT Price Could Increase by 9x in 2020 appeared first on BeInCrypto. дальше »

2020-1-12 14:22


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Is the DAG Correction Over? Outlining Future Price Movement

The DAG price has reached a significant support area that could have marked the end of the correction that began on December 17. On January 8, we posted a tweet outlining the top five projects to keep an eye on in 2020, which are: QNT OCEAN XTZ DAG FCT Here Are the Five Blockchain Projects […] The post Is the DAG Correction Over? Outlining Future Price Movement appeared first on BeInCrypto. дальше »

2020-1-11 22:18


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Tezos Could Trade Inside a Symmetrical Triangle for the Majority of 2020

The Tezos (XTZ) price has been decreasing since reaching a peak of 25,520 satoshis on Dec 17 but could see a significant turnaround in the neighborhood of 12,000 satoshis. On Jan 8, BeInCrypto published an article outlining the top-five cryptocurrency projects to keep an eye on in 2020: QNT OCEAN XTZ DAG FCT Here Are the Five […] The post Tezos Could Trade Inside a Symmetrical Triangle for the Majority of 2020 appeared first on BeInCrypto. дальше »

2020-1-10 18:07