For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial incumbents. Despite the market carnage on March...Read More
Despite weak buying pressure across trading pairs, Bitcoin SV is still up by 2.8% at the moment following its halving. A break above the previous high is expected to keep buyers on track. Nonetheless, Bitcoin SV has reactivated a short-term bullish trend following recent sudden price movement. BSV/USD: BSV Aiming More Gains But Price Is...Read More
Gold, one of the commodities largely used as a hedge against the volatility of traditional equities and financial markets, is trading at a price just 1% below its 8-years high. According to a portfolio manager at VanEck, however, the price is headed to at least $2,000. Gold Price At 1% Below 8-Years High Gold has...Read More
As the coronavirus crisis continues to dominate everyday life, it is crucial to recap efforts underway to address the situation. In the blockchain space, there are multiple efforts underway, highlighting the potential of this technology. It is interesting to see how blockchain technology can be beneficial during the coronavirus crisis. Using Blockchain During the Coronavirus...Read More
Quick take: Top Bitcoin analyst cautions that a Bitcoin bottom is not in. BTC might retest $7,970 in the right environment. However, if the stock market crashes again, BTC will also go down. The Bitcoin halving is approximately one month away and BTC is currently holding the earlier mentioned $7,200 – $7,300 support zone. The...Read More
[PRESS RELEASE – Please read disclaimer] 9th April 2020 – Wunderbit trading is a team of dedicated professionals, who value their users and continuously work on the service improvement for the best user experience. Wunderbit Trading is a platform that allows you to start trading and investing in cryptocurrency seamlessly. Copy trade the best crypto...Read More
Ever since the supreme court quashed the banking restriction imposed by the central bank, interest in cryptocurrency has been rising in India, including on peer-to-peer (P2P) marketplaces. The local crypto community is growing despite the nationwide lockdown and rising covid-19 threat. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About...Read More
Quick take: The three major economies of China, France, and South Korea have recently been linked with expressing interest in launching their own Central Bank Digital Currencies. Interest in crypto by private citizens has risen slowly but surely after numerous signs of a global recession. The Coronavirus has highlighted the need to go entirely paperless...Read More
Ethereum increased by a small 1.3% over the past 24 hours of trading as the cryptocurrency reaches $170. It is now facing resistance at the 100-days EMA and has struggled here for the past 3-days. Against Bitcoin, Ethereum continues to perform well as it reaches 0.0234 BTC. Key Support & Resistance Levels ETH/USD: Support: $165,...Read More
Forky (Source: Pixar Animation Studios) Shazaam! You snap your fingers and COVID has disappeared, you can exit lockdown and continue on with your life. How do you feel? Are you as optimistic as you were in January? Do you trust your government to put your health and safety first? Do you trust your government to...Read More
So far, April had been a blessing for Bitcoin. The primary cryptocurrency was trading slightly around the $6,000 mark on April 1st, but since then, there was only one way. There is only one disadvantage in this short-term positive trend: Bitcoin price is back to the recent positive correlation with the global stock markets. Satoshi’s...Read More
Bitcoin Cash saw its halving happen yesterday, and the effects on the network are already evident. The hash rate has dropped substantially, and the time between blocks has also increased. Bitcoin Cash Halving Consequences: Hash Rate Drops Bitcoin Cash (BCH) had its halving yesterday, and the reward for adding blocks on its blockchain was halved...Read More
Blockchain technology has always been a powerful concept that needs to be explored further. It now appears that ANSA, Italy’s leading news agency, wants to use blockchain to prevent the spreading of fake coronavirus news. There are many potential use cases for blockchain technology today. Blockchain Solutions During the Coronavirus Crisis Exploring opportunities in the...Read More
