Wilshire Phoenix CEO Bill Herrmann sees the Fed’s latest capital injections as tiny, meaning Bitcoin is even smaller. The U.S. Federal Reserve injected $168 billion into finance several days ago, which correlates to Bitcoin’s current falling price. “So long as the broader markets keep falling – expect the same out of Bitcoin,” Bill Herrmann, CEO […]
Continue Reading
OKEx completed maintenance to find its trading volumes increased and the platform became the top Bitcoin futures exchange. OKEx completed a short maintenance yesterday at a time of great volatility in the cryptocurrency market. The exchange also just recently overtook competitor BitMEX and became the top Bitcoin futures trading platform. On Mar. 12, OKEx announced […]
Continue Reading
Major crypto and blockchain-focused event, Consensus, will not be hosting a conference in New York in 2020. Consensus, a major global cryptocurrency and blockchain-focused event, is another industry conference that had to change its plans due to intensifying coronavirus fears. In line with the increasing number of industry events being delayed or canceled in response […]
Continue Reading
The crypto markets are attempting a relief rally but are struggling to sustain the higher levels. This shows that selling is not over yet. Capitulation occurs when traders are scared. On March 12, most asset classes witnessed a massive selloff with no place to hide. Even gold declined 3.17%, which shows that the traders sold […]
Continue Reading
Market experts Naeem Aslam and Charlie Burton explain how to make a profit off the sharpest intraday Bitcoin meltdown. Bitcoin just suffered a 40% price crash while global markets were shaken at their core by the Coronavirus pandemic. Chief market analyst Naeem Aslam and veteran trader Charlie Burton told Cointelegraph what sense they make of […]
Continue Reading
Bitcoin’s price had its worst drop in seven years, after $1 billion in longs were liquidated. Top traders discuss the causes. The Bitcoin (BTC) price dropped to $3,600 overnight, marking Bitcoin’s biggest daily drop in the last seven years. Over $1 billion worth of longs was liquidated on March 12, causing one of the most […]
Continue Reading
Speaking to traders as BTC/USD recovered from its worst day on record, the trading veteran said he believed markets still needed more pain. Bitcoin (BTC) likely bottomed when it hit $3,700 this week but will likely dive below $5,000 one more time, says Tone Vays. In the latest edition of his Trading Bitcoin YouTube series […]
Continue Reading
Industry experts tout blockchain as a development driver in Africa across a number of sectors at the Blockchain Africa conference. Impressive use-cases of blockchain technology have come to the fore after the conclusion of the 2020 Blockchain Africa Conference in South Africa. The event went ahead as planned in early March despite the global coronavirus […]
Continue Reading
Africa remains one the most economically potential regions in the world, crypto and blockchain will help to drive its development. It has been nearly two decades since the world saw the introduction of a new multinational currency bloc that would alter the balance of global power. Just like the euro, a new currency is taking […]
Continue Reading
Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounces the 20th-century world order dead. Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounced “the economic order of the 20th century” dead in a recent YouTube livestream. By “the economic order of 20th century”, Hoskinson means a centralized hierarchical economy that was built through “a series […]
Continue Reading