A recent Bloomberg report concluded that Bitcoin may be priming for a massive bull run. A recent Bloomberg report states that Bitcoin (BTC) is preparing for a massive bull run. Even the report’s name is bullish — “Bitcoin Maturation Leap”. The report mentions a number of reasons that the Bitcoin market is maturing, and that […]
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The U.S. coronavirus stimulus package dwarfs cryptocurrency’s all-time market cap high by 240%. The U.S government recently unleashed a $2 trillion stimulus package to help Americans offset the economic impact of COVID-19. That figure is more than double the amount of all the speculative capital locked up in the entire cryptocurrency market during its 2018 […]
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Losses in the traditional banking system during the global pandemic, while crypto could act much better: Here’s why. Payments of $1,200 from the CARES Act to Americans in need have begun to go out to those who authorized the Internal Revenue Service to make direct deposits into their bank accounts. However, the money may never […]
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The coronavirus pandemic is changing the global narrative about the crypto space, India is not the exception: What to expect in crypto law updates from India? In one of 2020’s biggest stories about cryptocurrencies so far, the Indian Supreme Court struck down a blanket ban on trading cryptocurrencies issued by the Reserve Bank of India […]
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Infinite Fleet, under CEO Samson Mow, announced it would use the security tokens issued by STOKR as development funds. Infinite Fleet, a space adventure game, is partnering with blockchain marketplace STOKR to launch a security token offering (STO). In an April 20 blog written by Infinite Fleet, the gaming company announced it would use the […]
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Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0. As reported earlier by Cointelegraph, the May 2020 Futures contract for West Texas Intermediate (WTI) Crude dropped more than 100% on Monday. At its worst the price reached negative $37.63, a phenomenon which has never occurred before. […]
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Content creators on popular streaming apps in Japan may soon find it easier to have their work recognized thanks to Dentsu and Kadosawa. One of the largest advertising companies in Japan is making it easier to recognize content creators on popular apps as a market force, even if they use copyrighted material in their work. […]
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Central Bank of China claims that digital Yuan will not cause inflation. The Bank of China’s secretive digital currency tests have led to tremendous curiosity among Chinese citizens. Recently, the bank responded with an official explanation of the proposed digital Yuan and how it would work. A bank representative confirmed on the China Central Television […]
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Researchers at the Bank for International Settlements think that crypto prices respond well to clear regulation, though they drop when governments issue bans. Researchers from the Bank for International Settlements are finding that cryptocurrency markets actually react positively to news of clear regulations. Findings? Crypto is not such a wild west after all Per a […]
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Bitcoin’s birth and price surges have been marked by inflationary moves by the U.S. central bank, and 2020 should thus follow, PlanB argues. Bitcoin (BTC) price bull markets coincide with one specific macroeconomic trend — and the next may now be around the corner. In a Twitter debate on April 18, PlanB, the vocal analyst […]
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