Most cryptocurrencies have turned down from their overhead resistance levels suggesting a minor correction or period of consolidation will occur in the next few days. The coronavirus pandemic and the economic crisis that it has brought along is the first of its kind in this generation. For weeks now, global equities markets have been swinging […]
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Much like Bitcoin, most fiat currencies experience periods of economic stagnation and immense decline when looked at from a broader perspective. Gone are the days of dusty ledgers and checkbooks. Over the last decade or so, the word “money” has taken on a completely new meaning for a lot of people all over the world. […]
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The number of retail investors registering for an account with Japanese cryptocurrency exchange bitbank spiked by 40% in the week after the Bitcoin bloodbath. The number of retail investors registering for an account with Japanese cryptocurrency exchange bitbank spiked by 40% in the week after the Bitcoin bloodbath. The March 12 meltdown saw the price […]
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Retail investors can now use Paxos Gold as a collateral for loans through the Nexo platform. Crypto-lending platform Nexo has today, March 25, opened up the option of using PAX Gold (PAXG) as collateral against its loans to retail investors. A pilot scheme in late 2019 was limited to institutional clients and purportedly saw immediate […]
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The CFTC has released new guidelines of physical delivery of digital assets as it relates to trading. The U.S. Commodity Futures Trading Commission, or CFTC, has publicized clarity on physical digital asset delivery as it applies to traded market products. “The Commodity Futures Trading Commission today announced the Commission voted unanimously to approve final interpretive […]
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India’s relationship with blockchain and cryptocurrency hasn’t been clear, but the country has the potential to become a global leader in the upcoming fintech revolution. India’s cryptocurrency ecosystem has been in limbo since the country’s central bank barred banks from dealing with cryptocurrency exchanges in 2018. As of March 4, the Supreme Court of India […]
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Bitcoin remains strong despite worrying signs from stock markets, leading to suggestions that its safe-haven status may soon return. Bitcoin (BTC) may have begun a “decoupling” from traditional markets to focus on price gains, but this week will be crucial, says Willy Woo. In a series of tweets on March 23, the respected statistician said […]
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Changpeng Zhao rejects claims that Bitcoin crashed because of the coronavirus, and debate rages on how closely BTC is correlated to the U.S. stock market. 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 […]
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Bitcoin investors were mortified by last week’s 50% crash but it’s important to remember that Bitcoin was specifically designed for a global crisis. If you’ve been in Bitcoin (BTC) long enough most likely its Genesis Block has been mentioned quite a few times. If not, the image below should be self explanatory. Bitcoin Genesis Block […]
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Less than 1% of Australians used crypto for consumer payments in 2019, according to a survey by the Reserve Bank of Australia. While some Australian authorities recognize cryptocurrencies as a form of investment, digital assets like Bitcoin (BTC) are apparently not very popular as means of payment in the country. Australia’s central bank, the Reserve […]
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