The U.S. Fed has extended repo operations, injecting $1 trillion daily until April, making the crypto space look even smaller. The U.S. government has extended its daily trillion-dollar repo mission until the end of March, making the entire crypto market cap seem even smaller by comparison. “The Federal Reserve Bank of New York announced it […]
Continue ReadingBrooklyn Nets point guard Spencer Dinwiddie and Cred have partnered to promote the crypto asset-based platform, in what is the NBA player’s latest crypto venture. Crypto-based lending and borrowing platform Cred is partnering with professional basketball player and entrepreneur Spencer Dinwiddie. A special page has been launched since March 20 for Dinwiddie’s fans to use […]
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“When the world comes back, it will be Bitcoin, not banks and governments that save the day,” famous investor Tim Draper said. Amid some notable recovery of Bitcoin (BTC) after a number of subsequent market crashes last week, billionaire investor Tim Draper delivered another optimistic forecast about Bitcoin. In a March 16 interview with 415 […]
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The cryptocurrency’s ability to keep functioning despite price fluctuations is making it increasingly at odds with liquidity injections and circuit breakers. Bitcoin (BTC) has failed to hold onto gains once again as commentators warn that the interest rate cuts by the Federal Reserve are “not a drill.” After the United States’ central bank cut rates […]
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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 […]
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Anthony Pompliano has argued that Bitcoin and gold will recover once the immediate liquidity crisis gripping the global markets has subsided. On March 14, Tyler Winklevoss, the co-founder and CEO of Gemini and prominent early Bitcoin investor, took to Twitter to defend Bitcoin despite the recent market crash. In the tweet, Tyler emphasizes that Bitcoin […]
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Amid global market instability, some financial advisors have reportedly mentioned Bitcoin to their clients. During the mainstream market’s current decline, investment advisors are giving out a myriad of advice, with some even mentioning Bitcoin (BTC). Morgan Creek Digital co-founder and partner, Anthony Pompliano, or “Pomp,” tweeted an inquiry to his followers, asking what their financial […]
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The U.S. central bank continues inflationary measures to satisfy liquidity demands from lenders, as coronavirus plays havoc with stability. The United States Federal Reserve has funneled the equivalent of half the entire Bitcoin (BTC) supply into the economy — but banks want even more money. As the New York Fed confirmed on its website, so-called […]
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A fresh surge indicates that Bitcoin miners remain wholly committed to security and profitability in line with expectations, despite weaker price action. Bitcoin (BTC) miners have set a fresh all-time high in terms of computing power they are willing to dedicate to validating transactions. Cryptocurrency market daily overview. Source: Coin360 Pomp: Hash rate shows BTC […]
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Cryptocurrencies fall ill as coronavirus fears grip the market, Anthony Pompliano attacks Warren Buffett, and CZ calls Craig Wright a “disgrace.” Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — […]
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