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Why Bitcoin Is Unlikely To Ever Experience Another March-Like 50% Price Drop

This year has undeniably turned out to be bitcoin’s year. Despite the coronavirus pandemonium, no asset class has served as a better hedge against inflation, an ideal safe haven than bitcoin. Moreover, the flagship cryptocurrency is the top-performing asset in terms of returns after bouncing back from the March coronavirus-induced crash.  One analyst is noting […] дальше »

2020-11-19 16:57


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Bloomberg Goes Bullish on Bitcoin on Latest Nasdaq Decoupling

Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech stocks, according to Mike McGlone of Bloomberg Intelligence. On Wednesday, the senior commodity strategist highlighted the ongoing trend deviation between the flagship cryptocurrency and the Nasdaq 100 Stock Index — a benchmark that tracks the market performance […] дальше »

2020-11-11 17:01


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London Stock Exchange-Listed Company Allocates 10% Of Its Cash Reserves To Bitcoin As Its Primary Treasury Reserve Asset

A growing number of institutional investors and traditional companies are holding the flagship cryptocurrency as a treasury reserve asset amid an economic downturn due to the pandemic. The latest company to jump on the bitcoin bandwagon is a fintech firm listed on the London Stock Exchange, Mode Global Holdings. However, Mode has not revealed the […] дальше »

2020-10-22 16:57


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36-Year-Old Nevada Woman Indicted For A Bitcoin Murder-for-Hire Scheme Gone Awry

Perhaps the most common myth about bitcoin is that the flagship cryptocurrency allows people to conduct completely anonymous transactions. This myth could have had a hand in the misfortune of one Kristy Lynn Felkins, a Nevada woman who has been indicted by US authorities for using bitcoin to hire an assassin on the dark web […] дальше »

2020-9-29 11:13


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Nigerians Using Bitcoin for International Trade Despite Regulatory Uncertainties 

Bitcoin (BTC), the world’s flagship cryptocurrency is rapidly gaining traction around the world as a tool for international trade and commerce. Several forward-thinking businessmen in Nigeria are now using the blockchain-based digital currency to scale the hurdles of foreign exchange in the region, according to a report on August 13, 2020. дальше »

2020-8-14 23:07