Bitcoin’s correlation with S&P 500 is at a 2-year high, which is a bearish sign for the crypto market. Bitcoin’s (BTC) correlation with the S&P 500 is at a 2-year high. This is a bearish sign for the cryptocurrency market. Cryptocurrency market research firm, Santiment, pointed out that the recent market downturn resulted in a […]
Continue ReadingAfter successfully raising the money for an advanced pre-triage medical post, the Italian Red Cross will continue accepting Bitcoin donations. The Italian Red Cross is now seeking Bitcoin (BTC) donations to purchase emerging medical equipment after its first-crypto initiative surpassed its goal within three days. On March 12, Italy’s Red Cross launched a BTC fundraising […]
Continue ReadingThe Reserve Bank of Zimbabwe proposed a crypto regulatory sandbox amid plans to launch a gold-backed digital currency. The Reserve Bank of Zimbabwe, the country’s central bank, is considering a regulatory sandbox for crypto companies in an apparent change from its previous anti-cryptocurrency stance. The proposed sandbox is reportedly part of a broader agenda by […]
Continue ReadingOKEx Director of Financial Markets Lennix Lai explains why crypto is a perfect fit for people who want to earn passive income. First, there were property rents. Then came interests. As modern civilization evolves, people always find new ways to earn money without actually producing, or even doing all that much. This concept is today […]
Continue ReadingWith the implementation of ZIP 1014, Zcash will continue to fund its development with a fee imposed on mining, but the question remains: Did the community have a say? At the end of January, a poll apparently confirmed community support for a new mining reward-distribution structure for the Zcash (ZEC) network, whereby more will flow […]
Continue ReadingBitcoin investors were mortified by last week’s 50% crash but it’s important to remember that Bitcoin was specifically designed for a global crisis. If you’ve been in Bitcoin (BTC) long enough most likely its Genesis Block has been mentioned quite a few times. If not, the image below should be self explanatory. Bitcoin Genesis Block […]
Continue ReadingTwo of the best-performing currencies since the March 12 meltdown have been the United States Dollar and Bitcoin. Two of the best-performing currencies since the March 12 meltdown have been the United States Dollar and Bitcoin. In times of economic turmoil, investors shed riskier assets and acquire less volatile ones. This is known as “flight […]
Continue ReadingCAN crypto payment provider is undertaking final testing before the launch of its cryptocurrency credit card. Canadian cryptocurrency payments provider, NetCents, has completed the technical integration of its consumer credit card into its proprietary ecosystem. NetCents announced March 20 that it had begun edge-case scenario testing in real-world environments in order to ready the card […]
Continue ReadingCheck out this week’s Bad Crypto News. The Bitcoin Clock ticks on—less than 52 days now before the next halving—and let’s hope that Bitcoin still has value when that happens. Trader Peter Brandt isn’t optimistic. He sees Bitcoin in a race with gold to hit $1,000. Then again, in January, he thought BTC wouldn’t reach […]
Continue ReadingFundstrat and eToro market analysts look to the halving and beyond as the coronavirus crisis worsens. What has been driving recent Bitcoin price action? Or perhaps more importantly, who? And why does it matter? Lead Digital Strategist at Fundstrat David Grider and Platinum Account Manager at eToro Simon Peters break down Bitcoin’s next move, how […]
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