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DeFi Craze Slashes Open Interest In CME Bitcoin Futures As Market Alarmingly Declines

As DeFi, commonly known as Decentralized finance, continues to capture incoming investors within the cryptocurrency market, some other parts of the markets are experiencing a pullback in interest. The effects of DeFi have now reached the Chicago Mercantile Exchange (CME) which is recording sharp repression in open interest positions. дальше »

2020-10-7 21:26


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Bitcoin Could Soar If The Bank Of England Decides To Implement A Negative Interest Rate

Bitcoin stands to attract more investments from British Banks and citizens following an announcement by the Bank of England which is considering implementing a negative interest rate. In a bid to stimulate its economy from the adverse effects of coronavirus and the impending Brexit event, the Bank of England hopes to encourage more spending. Negative […] дальше »

2020-9-21 10:28


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Strong Technical Indicators Help Bitcoin Shoot Through $12,000, What Lies Ahead?

The bitcoin price, on Aug 17, soared above $12,000 to new 2020 highs coinciding with similar gains posted by the US equities following a depressing Q2 pinned to the slowing effects of COVID-19. Bitcoin Prices Rally at The Back of Supportive Technical Indicators A Bloomberg report shows that at yesterday’s peak, the Bitcoin price rose to $12,473Read MoreRead More. дальше »

2020-8-18 17:00


Bitcoin Matured from Retail-Roots to Larger & More Conservative Institutional Investors Allocating: Coinbase H1 Report

“11 years from its inception, Bitcoin continues to lock in its network effects,” states Coinbase’s H1 report that points out how the world's leading digital asset storing $176 billion in value weathered a macroeconomic shock that saw it crashing to $3,800 only to rise back to $10,000. дальше »

2020-7-26 19:01


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VISA Head Of Crypto Deconstructs Issues Regarding CBDCs and Effects on Bitcoin Adoption

Through a series of tweets on his official twitter account published on July 4, VISA Head Of Crypto, Cuy Sheffield, shared his thoughts on central bank digital currencies (CBDCs). According to him, CBDC is one of the most important trends for the future of money and payments over the next decade. Sheffield stated that regardless […] дальше »

2020-7-6 01:19


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Tether’s USDT Issuance Possibly Led to the Bitcoin Price Surge After March Dip, Data Suggests

Bitcoin (BTC) has recorded a sustained upward momentum over the past couple of months with the digital asset’s price even surpassing the $10,000 level at some point. The virtual currency’s performance continues to defy odds as mainstream financial markets are struggling with the effects of the Covid-19 driven economic crisis. Bitcoin price surge tied to […] дальше »

2020-6-9 22:25


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IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers

The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even before the covid-19 pandemic so their troubles “will extend to at least 2025, well beyond the immediate effects of […] The post IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers appeared first on Bitcoin News. дальше »

2020-5-27 23:05


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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