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 […]
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Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic. The coronavirus pandemic is the only thing on most people’s minds right now around the world. The pending economic fallout is only surpassed by the anxiety induced by surging cases in both the United States and […]
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9% daily gains are encouraging, but the mood among traders remains one of caution, with one analyst arguing that Bitcoin is not “ticking enough boxes.” Bitcoin (BTC) hit its highest level in a week on April 2 as fresh upside followed more misery for the world economy thanks to coronavirus. Cryptocurrency market daily overview. Source: […]
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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 […]
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Coincurve founder Wayne Chen spoke to Cointelegraph about the U.S. stimulus package, claiming it would gradually help the crypto market. The $2 trillion economic stimulus package the United States Congress passed on March 26 might not cause the Bitcoin (BTC) market to skyrocket just yet, but investors could see modest, gradual improvements starting in 2020. […]
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As US equities markets closed with a loss, Bitcoin price rallied from $6,150 to $6,744 in pursuit of the $6,900 resistance. Since topping out at $6,500 on March 31, Bitcoin (BTC) price had spent the majority of Wednesday in a steady slump which saw the price drop from $6,494 to $6,147. The pullback mirrored the […]
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Khan Academy is calling for fiat and crypto donations to help the platform stay afloat, following a 250% increase in traffic due to COVID-19. The founder of education platform Khan Academy has put out an urgent call for donations following a 250% surge in users due to the coronavirus crisis. CEO Sal Khan asked users […]
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Nigeria, Africa’s largest economy and largest source of Bitcoin trading volume on the continent, has welcomed its first Bitcoin ATM. Africa’s largest country has welcomed its first Bitcoin ATM. Blockstale BTM, the company that installed the ATM in the Dazey Lounge and Bar in Lagos state, plans to launch more than 30 more terminals across […]
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It is still too early to gauge the impact of QE on crypto, says Mati Greenspan. “The initial shock of the global economy grinding to a halt” is still too fresh. These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering […]
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As the coronavirus wreaks havoc with the global economy, the number of transactions in crypto and fiat currency is falling to record lows. Online purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions. With many around the world self-quarantining or otherwise […]
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