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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Just as Bitcoin’s creation is bound up with 2008 and the Great Recession, Galaxy Digital founder Mike Novogratz sees this year as make-or-break for the cryptocurrency. With vast swaths of the world markets in virtual lockdown amid the coronavirus pandemic, some predict that the shocks rippling through the global economy in early 2020 may yet […]
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According to CEO Alan Lane, clients of the crypto-friendly firm have reported issues transferring money to the platform since Friday. A cryptocurrency-friendly firm is having problems receiving money transfers. According to sources available to Cointelegraph, clients at Silvergate Bank have been experiencing issues with certain types of wire transfers since Friday. The firm has stated […]
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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 […]
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Binance US CEO believes coronavirus quarantine efforts will increase American crypto trading, citing recent volume “resurgence” in Asia. Catherine Coley, the CEO of Binance US, revealed that the coronavirus quarantine in Asia drove a surge in trade volume during an interview with Bloomberg on March 16. On the subject of the recent correlation between Bitcoin […]
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Bank of China continues its anti-crypto narrative and urges the public to pay attention to crypto scams on its official WeChat account. Financial markets are facing their worst crisis since 1929 and people are looking for alternatives to protect themselves from the crash. One option being considered by many is cryptocurrency. In response, Bank of […]
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 ReadingBitcoin 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 […]
Continue ReadingSenator and former Bakkt CEO, Kelly Loeffler, appeared on Fox today, defending her sale of shares the day after a private Senate hearing. Kelly Loeffler appeared on Fox News last night to discuss her sale of more than $1 million in equities the day after she attended a private Senate Health Commission hearing about the […]
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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