As Venezuelan hospitals face widespread shortages, President Maduro is by airdropping Petro tokens to doctors. Nicolas Maduro, a former bus driver and Venezuela’s sitting president, has announced a campaign to support his country’s medical staff amid the coronavirus pandemic by airdropping one Petro to each doctor. The ‘Doctors of the Homeland’ initiative will see each […]
Continue Reading
Binance Research has found a correlation between Bitcoin and US equity indexes in the first quarter — but predicts it won’t last for long. In a new report Binance Research found a ‘moderate’ positive correlation between Bitcoin and US equities during the first quarter of 2020 — but neither was correlated to gold. Bitcoin was […]
Continue Reading
After two previous halvings, Bitcoin is expected to moon… or is it? Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane. “On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017 […]
Continue Reading
The Bitcoin price spiked from $6,900 to $7,300, liquidating $90 million on BitMEX and Bitfinex alone. The Bitcoin (BTC) price spiked from $6,900 to $7,300 across major cryptocurrency exchanges, liquidating $90 million on BitMEX and Bitfinex alone. While several traders anticipated the Bitcoin price to see a strong upsurge as it breaks out of the […]
Continue Reading
Bitcoin price shot up today breaking the $7K level for the first time since its big crash on March 12 but lots of selling pressure remains above. Bitcoin (BTC) is trading at $7,106 representing an impressive 14.7% gain in the last 24 hours and 6.8% for today. Other global markets are also up off the […]
Continue Reading
Futurist and author Daniel Jeffries shared with Cointelegraph his view on two possible scenarios awaiting Bitcoin in the aftermath of COVID -19. Futurist and author, Daniel Jeffries, shared with Cointelegraph his view on the future scenarios awaiting Bitcoin in the aftermath of COVID-19. Two possible outcomes In one particularly dark scenario, the global economy will […]
Continue Reading
The amount of Bitcoin held by crypto exchange BitMEX has fallen roughly 25% since the sudden crypto crash in March. The amount of Bitcoin (BTC) held by crypto exchange BitMEX has fallen by 25% in the past few weeks. During the crypto bloodbath on March 12, Bitcoin (BTC) fell 50% from a price over $10,400 […]
Continue Reading
After a strong bounce from key support levels, many cryptocurrencies are now struggling to break above the 20-day EMA. The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current […]
Continue Reading
A brief spurt to $6,600 takes care of the latest Bitcoin futures gap, while a Cointelegraph analyst calls for caution below $6,900 for BTC price. Bitcoin (BTC) delivered few surprises on April 1 as steadier trading conditions prevailed for a third day and volume remained low. Cryptocurrency market daily overview. Source: Coin360 BTC price shoots […]
Continue Reading
A press conference reveals Trump keenly anticipating an oil price from the 1950s as fiat currencies dependent on the market look set to suffer. After inadvertently advertising Bitcoin (BTC) last week, United States President Donald Trump has now hinted that he expects oil to crash to just $9. In a press conference on March 31, […]
Continue Reading