Archive for October 18th, 2020

Story of a Safe Haven: Why Investors Flock to Gold During a Recession

October 18, 2020 | By | Reply | 10 Readers More
Story of a Safe Haven: Why Investors Flock to Gold During a Recession

In the last 50 years, gold has climbed from $410 an ounce up to around $1,900 an ounce today and has earned a reputation as one of the most reliable investment assets. Although gold is rapidly growing in popularity among investors, during times of a recession, its popularity tends to skyrocket — and it’s not […]

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More Stimulus Money Could Have Positive Effect on BTC

October 18, 2020 | By | Reply | 12 Readers More
More Stimulus Money Could Have Positive Effect on BTC

New research is suggesting that if a second round of stimulus checks are approved, the bitcoin price is likely to react positively. More Stimulus = Higher Bitcoin When the coronavirus pandemic first struck global markets in March of this year, bitcoin sunk down to the high $3,000 range. The asset struggled to make a name […]

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Five Russian Commercial Banks Eager to Pilot Digital Ruble in 2021

October 18, 2020 | By | Reply | 10 Readers More
Five Russian Commercial Banks Eager to Pilot Digital Ruble in 2021

Source: Adobe/Aleksandra Sova Russia’s “cryptoruble” – its central bank digital currency (CBDC) initiative – is seemingly picking up momentum after years spent in limbo. Earlier this month, the Russian Central Bank announced that it would consider debuting a digital token, after a year ago stating that there was no need to issue a digital version […]

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These Bitcoin signals are similar to its 2017 glory days

October 18, 2020 | By | Reply | 12 Readers More
These Bitcoin signals are similar to its 2017 glory days

For the Bitcoin world, December 2017 was the glory days and the nightmare, all wrapped in one. Over that month, and the pullback that followed, the world saw what could happen if the hype around cryptocurrencies gave way to reality.  Now, nearly three years on, Bitcoin’s press time price requires a 75 percent jump in […]

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The curious case of Coinbase — employees driven out by ‘apolitical’ stance

October 18, 2020 | By | Reply | 11 Readers More
The curious case of Coinbase — employees driven out by ‘apolitical’ stance

America’s largest cryptocurrency exchange, Coinbase, made headlines over the past few weeks for an internal culture change that effectively told employees that there will be no space for social activism within its walls. Furthermore, a recently leaked audio apparently reveals that most employees approve of the new direction. The “apolitical” stance that is being adopted by […]

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Here’s Why Bitcoin Breaking Higher Now Would Trigger a Massive Move

October 18, 2020 | By | Reply | 11 Readers More
Here’s Why Bitcoin Breaking Higher Now Would Trigger a Massive Move

While Bitcoin has seen strong volatility on a day-to-day and week-to-week basis, it is flat on a macro scale. The crypto-asset has basically traded in the same $3,000 range for five months now. This has allowed macro volatility indicators to subside to critical historical points. Volatility analysis by one fund manager in the space suggests […]

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Filecoin Plunges 80% in 4 Days While Miners Suffer the Most

October 18, 2020 | By | Reply | 12 Readers More
Filecoin Plunges 80% in 4 Days While Miners Suffer the Most

Filecoin’s history has been turbulent since its creation in the early days of the crypto-verse. But investors can probably agree that nothing resembles what happened last week. Filecoin Traders Had a Hard Week… Speculators are having a rough time. The token initially had a brief and sudden rise of more than 100% immediately after its […]

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Bitcoin Is Better Than Ethereum At These Four Things

October 18, 2020 | By | Reply | 9 Readers More
Bitcoin Is Better Than Ethereum At These Four Things

Source: adobe/Denys Rudyi Eric Meltzer is the Founding Partner of Primitive Ventures, a cryptoasset fund.____ “Ethereum (ETH) can do everything that Bitcoin (BTC) can do, plus a lot more.” I hear this often from people who are very new to crypto, and figured it would maybe be useful to make a list of the things […]

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Report: DeFi Was Bullish for Ethereum While Bitcoin’s Volume Decreased In Q3-2020

October 18, 2020 | By | Reply | 9 Readers More
Report: DeFi Was Bullish for Ethereum While Bitcoin’s Volume Decreased In Q3-2020

Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular platform published its latest […]

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Crypto M&A In 2020 On Track To Hit $1.9 Billion

October 18, 2020 | By | Reply | 15 Readers More
Crypto M&A In 2020 On Track To Hit $1.9 Billion

Mergers and acquisitions in the cryptocurrency sector this year could reach $1.9 billion despite Covid-19 affecting the global economy A report by PricewaterhouseCoopers (PwC) published earlier today reveals that the mergers & acquisitions (M&A) in the cryptocurrency sector could reach $1.9 billion by the end of 2020, despite Coronavirus affecting the global economy. According to […]

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