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Bitcoin’s Safe Haven Narrative Revived As Correlation To Gold Hits ‘Levels Never Seen Before’

Bitcoin’s status as a safe haven almost became invalidated as the crypto-asset moved in lockstep with the United States equities in recent weeks. However, a new report by United States investment firm VanEck, reveals that bitcoin’s correlation to gold has significantly increased in 2020 due to the recent coronavirus-driven market downturn. The increased correlation to […] дальше »

2020-4-5 10:59


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Bitcoin’s Correlation with US Equities ‘Unlikely to Persist’, says Binance Research

Binance Research has published a report that highlights specifics about the effects of the current financial plunge on the world’s financial markets. In the post titled ‘How Has the Recent Market Turmoil Impacted Cryptocurrencies?’, the Binance Research team made a few points about the general performance of the crypto market in the first quarter of […] дальше »

2020-4-2 21:55


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Bitcoin Halving Capitulation: ‘Mining Death Spirals Don’t Happen in Real Life,’ Says Report

As the bitcoin halving approaches, crypto-mining ‘death spirals’ and miner capitulation have become prominent topics among digital currency enthusiasts. Despite the trending discussions, Coinshares head of research Christopher Bendiksen published a study that says “[bitcoin] mining death spirals do not actually happen in real life” and the speculation is a “highly theoretical edge case. дальше »

2020-4-1 23:30


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Coinbase Reports ‘Record-Breaking’ Trading Activity During Bitcoin Crash on March 12

Major cryptocurrency exchange Coinbase has said that there was an interesting spike on its Bitcoin purchase volume when the king coin crashed on March 12. In a recent report titled “On Crypto Markets and Bitcoin’s Value Proposition”, Coinbase said a lot of its customers took advantage of the plunge and bought into the market when […] дальше »

2020-4-1 21:32


44% Think Bitcoin’s in a Bull Market & Alt-Season Will Occur in 2020: Kraken Survey

In the currently unstable environment where industries are laying off, cryptocurrency exchange Kraken is on a hiring spree as it moves ahead to expand its team with 67 new hires. The exchange also released a report called 2020 Sentiment Survey at a time when bitcoin has crashed 50% from this year's top. However, despite this, […] дальше »

2020-4-1 21:11


Coinbase Commerce Crosses $200,000,000 In Crypto Payments Since Launch

Covid-19 hasn't kept consumers from using bitcoin (BTC) as a means of payments for goods and services according to a merchant transactions report from Coinbase Commerce. A Coinbase Commerce report shows that on 3-26-2020, clients made bitcoin transactions totaling $200 million, making this is a new 2 year milestone for the payments portal. The results […] дальше »

2020-3-27 19:36


Japanese BTC Retail Investors Bought the Dip During Recent Price Crash: Report

During the recent price crash, Japanese retail crypto investors bought the dip, according to a market analyst at Japanese cryptocurrency exchange BitBank, Yuya Hasegawa. Despite the price of bitcoin tanking, the situation is “vastly” different from the time before the Crypto Winter of 2019 as the volume and change in the number of accounts indicates […] дальше »

2020-3-26 20:15


IOSCO Report: Stablecoins May Fall Under Securities Regulations In Certain Circumstances

The report was published on March 23 and shed more light on the legal uncertainty around stablecoins. IOSCO highlighted an example that sounds pretty similar to Facebook’s Libra. According to the summary, if an entity runs its own stablecoin on a private blockchain with a unique form of governance, then the asset falls under securities […] дальше »

2020-3-26 17:30