CEO Zac Prince cites the recent crypto crash as one reason the firm will be changing their interest rates on Bitcoin and Ether. Clients of one crypto lending company may soon notice some changes in response to the recent drops in the market. Starting on April 1, BlockFi will be raising the interest account rates […]
Continue Reading
A crypto project crosses the half-billion threshold. Today stablecoin network PegNet cleared $500 million dollars in conversions, according to data from PegNetMarketCap.com. This means a half-billion dollars in value has moved over the platform’s rails since it launched in August 2019. PegNet is a decentralized non-custodial network of tokens that are pegged to different world […]
Continue Reading
Bitcoin price attacks $5,500 as President Trump announces support for a $1 trillion COVID-19 economic stimulus package. Bitcoin’s recovery from last week’s catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have received a boost […]
Continue Reading
Bitcoin and Ether still offer better returns than other risk assets during crypto market uptrends and both remain positively correlated with gold in bull and bear markets. Bitcoin (BTC) price is slowly recovering, reaching $5,500, after last week’s Black Monday style market meltdown which led to Bitcoin price pulling back sharply as traditional markets suffered […]
Continue Reading
Leading up to its token generation, Akon’s crypto project Akoin has garnered added expertise, partnering with Delchain. Akoin, a cryptocurrency project from famous singer Akon, has joined up with blockchain financial infrastructure company Delchain. “Bahamas-based digital asset management leader Delchain, an affiliate of Deltec, has provided strategic advisory services and expertise in connection with Akoin’s […]
Continue Reading
“When the world comes back, it will be Bitcoin, not banks and governments that save the day,” famous investor Tim Draper said. Amid some notable recovery of Bitcoin (BTC) after a number of subsequent market crashes last week, billionaire investor Tim Draper delivered another optimistic forecast about Bitcoin. In a March 16 interview with 415 […]
Continue Reading
Bitcoin price is managing to hold above the $5K level, which has now flipped into support as a relief rally looks to be in the cards. On March 16 Bitcoin (BTC) price bounced back above the $5,000 barrier, while equity markets in the United States saw their worst day since 1987. Traditional markets closed 13% […]
Continue Reading
Billionaire Tim Draper sees potential in DeFi and invests in a new DAO governance platform called DMM DAO. Tim Draper, the billionaire and Bitcoin bull who has backed Tesla, SpaceX and Coinbase, is making moves into decentralized finance. He is now investing in DeFi Money Markets DAO (DMM DAO), according to the DMM Foundation’s official […]
Continue Reading
The upcoming Bitcoin halving remains a major topic within the industry. What can we learn from past experience to be ready for it? There appears to be increasing anxiety in cryptocurrency markets after the prices of Bitcoin (BTC) failed to maintain above the psychological $10,000 level in February. The disappointment came less than three months […]
Continue Reading
Gold has only limited support between current levels and $1,050, Brandt warns, while only a “pie in the sky” event can save Bitcoin. Bitcoin (BTC) may end up in a race with gold to hit the $1,000 mark, as one analyst identifies support below $1,400 for the precious metal. In a tweet on March 16, […]
Continue Reading