Bitcoin price collapsed to a 2020 low below $6,000 as US markets sharply sold off as investors are unconvinced that the coronavirus is under control. Equities markets and the crypto market continue to struggle as Europe and the United States enact increasingly drastic measures to ward off the spread of the Coronavirus. Among the general […]
Continue Reading
The crypto markets are currently facing a strong wave of selling leading traders to focus on whether cryptocurrencies will form panic bottoms soon. Governments and citizens across the world are in a state of panic as cases of coronavirus continue to rise. This has rocked global equity markets for the past few days and volatility […]
Continue Reading
Tanglesheep’s shed is a 24-hour live stream that lets viewers instantly convert crypto into sheep pellets to feed a flock of eight adopted sheep. A Czech farm has set up a 24-hour live stream where viewers can instantly convert their crypto change into sheep food. Upon payment, alfalfa pellets are dispensed directly into the flock’s […]
Continue Reading
Insurance protection for online crypto wallets is finally on the market, but at what cost? Insurance underwriters associated with Lloyd’s of London are now backing a new liability policy designed to protect cryptocurrency stored in online wallets. With a modest minimum of 1,000 British pounds ($1,275) in protected assets and rather flexible terms, the product […]
Continue Reading
Bitcoin price searches for support as the DOW, S&P 500, European and Asian markets register historic losses as fear of the Coronavirus pandemic continues to spread. The VIX volatility index, the stock market’s main risk indicator, skyrocketed to 55 on March 9. This is the highest level since 2009. Meanwhile, Saudi Arabia’s talks with OPEC […]
Continue Reading
Bitcoin price has dropped below the $8,000 mark as Coronavirus woes and geopolitics are taking their toll on the global economy, stocks and oil prices. Bitcoin (BTC) closed the week at $8,024, a shocking 9.92% loss and a new weekly low not seen since January 13 when the asset traded for $7,946. The abrupt correction […]
Continue Reading
Japanese government agencies held a crypto meeting, Coincheck added Qtum, and more headlined news from Japan this past week. This week’s headlines from Japan include crypto exchange Zaif reopening account registrations, government agencies meeting on crypto, the Federation of Economic Affairs submitting a national Blockchain proposal, Coincheck adding Qtum, and Rakuten Wallet opening leverage trading […]
Continue Reading
Data shows Bitcoin mining-related events produce conflicting short-term price action but long-term gains. On Saturday Bitcoin (BTC) price dropped below $9,000 again, increasing the uncertainty surrounding future price estimates and reminding investors that the Coronavirus continues to impact markets across the world. Cryptocurrency market daily performance. Source: Coin360 Interestingly, Bitcoin’s hash rate reached an all-time […]
Continue Reading
Bitcoin price has dropped below the $9,000 mark once again but is yet to make a lower low to the hopes of the bulls who must now defend a key level. In the past few hours, Bitcoin (BTC) price dropped 3.85%, losing $9,000 and pulling back to $8,835. The abrupt downside move occurred after Bitcoin […]
Continue Reading
European searches have driven ‘Bitcoin coronavirus’ to overtake queries for ‘Bitcoin halving’ on Google Trends. Curiously, the search term “bitcoin coronavirus” has overtaken “bitcoin halving” on Google Trends. The odd search term is seeing the most traffic from Europe. Research indicates that Austria, Switzerland, and Ireland comprise the three jurisdictions that produce the most searches […]
Continue Reading