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Bitcoin Has Been Fundamentally Altered by Its Recent Rally; Here’s What This Means

Bitcoin’s intense rally seen throughout the past six weeks has allowed it to erase nearly all the losses that were brought about when it first started declining from highs of $10,500 in late-February This firm uptrend has also allowed it to gain fundamental strength as its market dynamics see a major shift Options data for the crypto is now signaling that traders are positioning themselves to benefit from BTC seeing further upside It has been […] дальше »

2020-5-2 02:00


BTC Isn’t a Hedge Against Stock Market’s Poor Returns or Coronavirus But US Dollar & Inflation: BitGo CEO

In 2020, Bitcoin has been following stock markets religiously, so much so that their correlation went to a new high. But now, the flagship cryptocurrency seems to be making a shift from that. Talking about this, the CEO of Bitcoin custodian BitGo, Mike Belshe explained how the first wave we saw was a lot of […] дальше »

2020-4-4 18:40


Cardano's Hoskinson: Shelley mainnet release won't impact ADA's price (immediately)

Cardano's Shelley era aims to shift more and more nodes towards being run by the Cardano community to encourage greater decentralization. At the end of the Shelley era, Cardano was expected to be 50-The post Cardano's Hoskinson: Shelley mainnet release won't impact ADA's price (immediately) appeared first on AMBCrypto. дальше »

2020-3-16 13:00


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Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty

The U. S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. дальше »

2020-3-4 16:20


Big Shift in Workforce and Inheritance Boom Will Make Bitcoin a Multi-Trillion Dollar Asset Class

Since falling from $9,200 on the weekend, Bitcoin price has now got stuck around $8,600. The world’s leading cryptocurrency is up over 18% YTD but down 0.17% in the past 24 hours. Trading at $8,636 as per Coincodex, it is currently managing the daily trading volume of $473 million as per Messari, down from $1 […] дальше »

2020-1-22 23:19


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Is Russia’s New Prime Minister Good for Bitcoin?

Cryptocurrency is not money, while operations with it should be taxed – this and other statements were previously made by Mikhail Mishustin, who is now Russia’s new Prime Minister. Russia to Become a Digital Platform Nevertheless, despite the fact that Mishustin doesn’t seem to shift the government’s approach towards cryptocurrencies, he is an avid fan of digitalization, and this is a plus for the crypto world. дальше »

2020-1-17 00:00