Bitcoin remains strong despite worrying signs from stock markets, leading to suggestions that its safe-haven status may soon return. Bitcoin (BTC) may have begun a “decoupling” from traditional markets to focus on price gains, but this week will be crucial, says Willy Woo. In a series of tweets on March 23, the respected statistician said […]
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Just as Bitcoin’s creation is bound up with 2008 and the Great Recession, Galaxy Digital founder Mike Novogratz sees this year as make-or-break for the cryptocurrency. With vast swaths of the world markets in virtual lockdown amid the coronavirus pandemic, some predict that the shocks rippling through the global economy in early 2020 may yet […]
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Almost two weeks after its nightmare liquidation streak, BitMEX still faces suspicions over its business practices, particularly during the recent Bitcoin price crash. Bitcoin (BTC) derivatives exchange BitMEX continues to field criticism after attempting to explain a mass liquidation event during which BTC/USD crashed 60%. In a blog post on March 23, BitMEX addressed what […]
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Holding funds to receive rewards while contributing to the operations of a blockchain might be the answer to today’s mining problems. For a tech that was supposed to be democratic and distributed in order to free financial systems from the grip of government-influenced banks and return control of the money supply to the people, cryptocurrencies […]
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Bitcoin price is holding the $5,800-$5,900 support but plunging Dow and S&P 500 futures could lead Bitcoin price to revisit prices below $4,000. After failing to gain above the $6,400 resistance on March 22, Bitcoin (BTC) bulls spent the remainder of the day struggling to bring the digital asset back above $6,000. At the time […]
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According to CEO Alan Lane, clients of the crypto-friendly firm have reported issues transferring money to the platform since Friday. A cryptocurrency-friendly firm is having problems receiving money transfers. According to sources available to Cointelegraph, clients at Silvergate Bank have been experiencing issues with certain types of wire transfers since Friday. The firm has stated […]
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Crypto traders in China and the United States have shown more interest in purchasing Bitcoin than selling it. Don’t worry — this time there’s news coming out of China that isn’t connected to the coronavirus outbreak. With so many people around the world working from home, social distancing, and self-quarantining after possible exposure to COVID-19, […]
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The U.S. Department of Homeland Security named “blockchain managers” as “essential critical infrastructure” amid the coronavirus lockdown. A memorandum published by the United States Department of Homeland Security (DHS) has named “blockchain managers” among the nation’s “essential critical infrastructure” workers. On March 19, the DHS’ Cybersecurity and Infrastructure Security Agency (CISA) published a memo emphasizing […]
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Experts weigh in on how blockchain ID can restore self-sovereign identity both online and in the physical world. Although some people in life do an extremely convincing job of indicating otherwise, all humans have an identity. This identity comes in many forms, and as modern life has progressed, the ways in which people can identify […]
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Bitcoin price continues to be negatively impacted by the Coronavirus pandemic but traders can prepare by watching for these important bullish and bearish signals. As the Coronavirus pandemic continues to unfold, markets, both traditional and crypto, remain highly unpredictable. Even gold has failed to provide safety for investors and Bitcoin is undergoing a demanding test […]
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