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 Reading
The recent market crash could be Bitcoin’s biggest opportunity since its creation in 2009, BitMEX says. BitMEX, the world’s second largest crypto exchange by daily trading volume as of press time, believes that amid the ongoing global coronavirus crash, Bitcoin faces its biggest challenge and the opportunity to prove its potential during the global financial […]
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
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
Analysts were predicting a recession for years and it should not come as a surprise, according to market research firm Crebaco. Analysts had predicted a recession for years and it should not come as a surprise, according to crypto-focused market research firm Crebaco. Crebaco claims in a report shared with Cointelegraph that the recession that […]
Continue Reading
Stocks had their worst opening ever today but Bitcoin price has bounced from its daily lows and now looks to establish a foothold for a relief rally. The equity markets in the United States just had the worst opening ever as trading was halted within seconds and indexes dropped by 12% percent. Not only was […]
Continue Reading
Cryptographer and leading software engineer at a Ripple team, Nik Bougalis, offers advice on remote work management to firms amid the coronavirus pandemic. Cryptographer and leading C++ software engineer at Ripple Nik Bougalis offers advice on remote work management to firms amid the coronavirus pandemic. In a March 16 tweet, Bougalis offered his help to […]
Continue Reading
Most top performers of the past week have bounced sharply from their lows, which is a positive sign as it indicates buying at lower levels. This week saw huge selling in almost every asset class as panic gripped traders on the ever-spreading coronavirus cases. Cryptocurrencies were also not spared as they came under huge selling […]
Continue Reading
People are dying, Bitcoin is crashing, the coronavirus is spreading all over the globe, which means it might just be the perfect time to be bullish on BTC. Bitcoin (BTC) hodlers deserve a pat on the back for making it through this last week, as BTC witnessed its largest sell-off in history, in terms of […]
Continue Reading