Mt. Gox court cases see no end as creditors continue to wait for their funds, but could another event like Mt. Gox take place given the current market volatility? Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a […]
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The infamous hacked Bitcoin exchange Mt. Gox appears to be hosting a new meeting for its creditors tomorrow. In the latest sign of a step forward in a lengthy compensation process, the infamous hacked Bitcoin (BTC) exchange Mt. Gox appears to be hosting a new meeting for its creditors tomorrow, March 25. In an official […]
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A report has found that equity fundraising has dramatically overtaken ICOs as the leading for leading source of capital for blockchain companies. A report published by research firm CB Insights has found that equity funding has dramatically overtaken initial coin offerings (ICOs) as the dominant means of finance in the blockchain space. While the largely […]
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Crypto traders in China and the United States have shown more interest in purchasing Bitcoin than selling it. Don’t worry — this time there’s news coming out of China that isn’t connected to the coronavirus outbreak. With so many people around the world working from home, social distancing, and self-quarantining after possible exposure to COVID-19, […]
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Bitcoin price continues to be negatively impacted by the Coronavirus pandemic but traders can prepare by watching for these important bullish and bearish signals. As the Coronavirus pandemic continues to unfold, markets, both traditional and crypto, remain highly unpredictable. Even gold has failed to provide safety for investors and Bitcoin is undergoing a demanding test […]
Continue ReadingMost top performers of the past week show buying at strong support levels. If the rebound picks up strength, it might signal that a bottom is in place. The world is in a state of panic due to the coronavirus pandemic. People are fighting over toilet paper, which shows the extent of nervousness. At such […]
Continue ReadingAs Bitcoin price recovers from Black Thursday, is the worse behind us? Or is there more pain ahead as the global economy comes to grips with the coronavirus? Bitcoin (BTC) price has started to show strength in its recovery since the black Thursday selloff this past week, but is this something we can expect to […]
Continue ReadingTwo of the best-performing currencies since the March 12 meltdown have been the United States Dollar and Bitcoin. Two of the best-performing currencies since the March 12 meltdown have been the United States Dollar and Bitcoin. In times of economic turmoil, investors shed riskier assets and acquire less volatile ones. This is known as “flight […]
Continue ReadingFundstrat and eToro market analysts look to the halving and beyond as the coronavirus crisis worsens. What has been driving recent Bitcoin price action? Or perhaps more importantly, who? And why does it matter? Lead Digital Strategist at Fundstrat David Grider and Platinum Account Manager at eToro Simon Peters break down Bitcoin’s next move, how […]
Continue ReadingCrypto asset manager Travis Kling has likened Bitcoin to insurance against U.S. monetary policy and hurricanes. Travis Kling, the chief investment officer of crypto investment firm Ikigai Asset Management, has described Bitcoin (BTC) as insurance against both hurricanes and U.S. fiscal policy. On March 20, Kling tweeted that an oncoming hurricane that will soon hit […]
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