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Bitcoin Largely Remains Uncorrelated to Stock Market, Crucial Data Shows

Bitcoin has shown some signs of being correlated to the stock market over the past few months, especially during times of bear-favoring turbulence This correlation, however, does not appear to be as striking as it seems, as data suggests that its macro-correlation to most traditional assets remains incredibly low One analyst explains that it has moved in tandem with other assets during sharp declines due to the crisis nature of some of these selloffs That […] дальше »

2020-6-18 02:00


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These 2 Trends Shows that Wall Street is in a Bitcoin Buying Frenzy

Bitcoin has been subjected to unprecedented turbulence throughout the past few months, declining to lows of $3,800 before rocketing to highs of $10,500 This volatility hasn’t been enough to thwart large market players from foraying into the digital asset Macro investor Paul Tudor Jones has been one of the first traditional investors to publicly profess his interest in BTC, but data shows that he isn’t the only one on Wall Street who is buying Bitcoin […] дальше »

2020-5-29 02:00


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Visa Files Patent For Blockchain-Based ‘Digital Fiat Currency’

Recent times have seen traditional financial companies hedging their bets or even fully leveraging blockchain technology. The application and acquisition of patents is how gargantuan companies truly show their fascination in a particular field, and Visa continues to break ground, now having filed a patent application in the blockchain space, one for developing a digital […] дальше »

2020-5-15 09:59


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Top Commodity Strategist Claims Bitcoin Most Likely Asset to Rally in 2020; Here’s Why

Bitcoin’s recent rally to $10,000 has renewed investor’s interest in the market, also drawing the attention of prominent traditional analysts and investors One prominent commodity strategist at Bloomberg explained that he believes BTC and gold are the two assets most-likely appreciate throughout 2020 This comes as the cryptocurrency’s technical outlook begins growing incredibly bright Bitcoin has seen some incredibly bullish price action in the time following its rebound from mid-March lows of $3,800. It’s subsequent […] дальше »

2020-5-10 22:00


Crypto whales are showing there’s a perfect storm brewing for Ethereum

Unlike traditional assets, where each transaction is not recorded in a central database shared with the world, Ethereum and other cryptocurrencies are almost entirely transparent. One may not know who made a certain transaction or who owns an address, yet firms and individuals can all gain access to the metadata of every transaction that transpires […] The post Crypto whales are showing there’s a perfect storm brewing for Ethereum appeared first on CryptoSlate. дальше »

2020-5-7 02:11


The Next Few Weeks Will “Define the Future” of Bitcoin After Breaking Multi-Year Trendline

Bitcoin has risen today in tandem with the traditional markets, finding what appears to be a secure foothold within the lower-$5,000 region. This has allowed the benchmark crypto to begin confirming its recent lows as a mid-term bottom, but it still remains unclear as to where it will trend next. One prominent analyst is now... дальше »

2020-3-18 00:30


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Bitcoin Dips Below $4K to 1-Year Low, What’s Next?

Bitcoin used to show little correlation with traditional assets, but the worst day for the US and European stock markets in three decades turned into one of the worst days for the crypto space. Bitcoin Plummets to $3,858 on Coinbase On Friday morning, many crypto exchanges saw Bitcoin tumbling to a daily low at around $3,800, after which it quickly returned to above $4,000. дальше »

2020-3-14 12:26


Why Bitcoin Adoption May Spike if Australia’s Proposed “Cash Ban” Activates

People could be jailed for two years and fined $25,200 just for using more than $10,000 in cash in one transaction under a new bill being considered by the Australian Parliament; if passed, the bill is likely to drive citizens away from traditional financial institutions and towards decentralized cryptocurrencies like Bitcoin. дальше »

2020-1-14 21:00


New Blockchain-Based Real Estate Business to Launch in Japan, Thanks to Sumitomo and bitFlyer

Blockchain technology is one of the most innovative solutions to come from cryptocurrency, and the traditional banking industry has begun to examine the use of this ledger as well. However, the complications involved with the real estate industry has been working to minimize their complicated paper processes by introducing this immutable ledger technology. The most […] дальше »

2019-7-25 00:56


Shares of Grayscale’s Bitcoin Investment Trust cause investors to “drop gold,” and everything else

After its introduction in 2013, Grayscale Bitcoin Trust (GBTC) managed to become one of the largest Bitcoin investment products in the world. So far, GBTC has outperformed most traditional assets year to date, in line with BTC’s rising prices, and became one of the most actively traded securities on the OTC Markets Group. дальше »

2019-7-25 00:22


Джастин Сан назвал еще одного участника ланча с Уорреном Баффетом

Основатель блокчейн-платформы TRON Джастин Сан раскрыл имя еще одного участника благотворительного ланча с Уорреном Баффетом. Им станет глава и сооснователь социальной инвестиционной платформы eToro Йони Ассия. дальше »

2019-7-23 12:48


XRPL Labs introduces XUMM in an attempt to replace traditional banking with decentralized banking

Ripple-powered XRPL Labs has been working on tech to simplify payments for not only major financial institutions, but also the crypto-community. One such XRPL Labs developer is Wietse Wind, the creator of XRP TipBot, who has been regularly talking about XRPL-bridged back accounts for users to hold, send and receive EUR on XRP ledger, ILP, […] The post XRPL Labs introduces XUMM in an attempt to replace traditional banking with decentralized banking appeared first on AMBCrypto. дальше »

2019-7-10 17:00


Billionaire Chamath Palihapitiya says Bitcoin Is The ‘best hedge against the traditional financial system’

The entire world is currently facing economic uncertainties following the ongoing trade wars, the most prominent one being between the United States and China. Investors are therefore seeking alternative assets to gold and the US bonds and bitcoin is gaining traction due to its capacity to maintain a fierce rally amid the harsh economic times. дальше »

2019-7-10 12:01


Fidelity International Will Soon Enter the Cryptocurrency Space with Digital Asset Trading Desk

With the increased popularity of the cryptocurrency market, it should come as no surprise that traditional finance companies are choosing sides. Fidelity Investments is one of the more innovative companies, as their subsidiary Fidelity International gets closer to entering the cryptocurrency space. дальше »

2019-7-9 00:18


Crypto Could Help Russia Escape US Sanctions as Country Looks to Gold-Backed Crypto Asset

The use and prevalence of cryptocurrency have led to a number of disruptions within the global economic system such as many large firms being forced to finally adopt crypto, many major retailers finally accepting cryptocurrency and the general public beginning to question the traditional economic structures that have existed until now. One of the latest […] дальше »

2019-6-17 17:07


Ripple CTO, David Schwartz Says RippleNet Will Help Eliminate Traditional Payments Systems

Traditional payment methods are largely still being used by most of the world’s financial institutions for their core businesses. Even though cryptocurrency offers speeds unmatched by traditional methods especially with cross-border payments, not everyone is very excited about the complete switch to cryptocurrency or blockchain solutions for their business. This is one of the reasons […] дальше »

2019-6-14 16:46


Bitcoin’s [BTC] ‘unaffordability’ argument is weak after report suggests mining gold is more expensive

Gold is considered one of the most valuable elements on planet Earth. However, an argument about Bitcoin being the most valuable digital asset presently available can also be made. The digital asset has often been compared to the value of Gold, with the debate scaling new heights after Bitcoin outperformed Gold and several traditional assets […] The post Bitcoin’s [BTC] ‘unaffordability’ argument is weak after report suggests mining gold is more expensive appeared first on AMBCrypto. дальше »

2019-6-6 14:30


Microsoft seems very proud of its smart contract auditing tools for blockchain

Microsoft is very proud of its Azure Blockchain-powered smart contract auditing tools for Ethereum – so much so it decided to flaunt some of the benefits of the software in a new blog post. “One of the key drivers making blockchain-based applications programmable, accessible to enterprise customers, and able to meet the diverse needs of a variety of sectors [are smart contracts],” the post reads. дальше »

2019-6-4 12:53