Bitcoin

Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon

April 1st, 2020

Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the COVID-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts, quantitative easing (QE), and buying mortgage-backed securities, analysts believe…

23 Approved Cryptocurrency Exchanges in Japan — Number Rises Despite Pandemic

March 31st, 2020

Despite the global coronavirus pandemic, Japan continues to approve more cryptocurrency exchanges to legally operate in the country. The latest one was approved on Monday, bringing the total number of legal crypto exchanges in Japan to 23. First Approved Crypto Exchange This Year Japan’s top financial regulator, the Financial Services Agency (FSA), registered another cryptocurrency…

Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K

March 30th, 2020

Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future price of bitcoin as “safe-haven” theories have…

$15 Million Bounty on Maduro: US Charges Venezuelan President With Narco-Terrorism and Drug Trafficking

March 27th, 2020

The U.S. has charged 14 high-ranking officials of the Venezuelan government, including President Nicolas Maduro, with “narco-terrorism, corruption, drug trafficking, and other criminal charges.” The U.S. government is offering rewards of up to $15 million for any information leading to the arrest or conviction of Maduro. US Charges Maduro and Other Top Venezuelan Government Officials…

Here’s How to Order Food From Your Home Using Cryptocurrency

March 26th, 2020

Staying home during the coronavirus epidemic reduces the risk of getting infected with the deadly COVID-19. The disease, which has already claimed the lives of over 20,000 people globally, spreads through human contact. Food is one of the few basic necessities that can regularly get you out of your house. That’s why food delivery companies…

The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts

March 23rd, 2020

The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses around trillions of dollars, nearly…

Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate

March 23rd, 2020

Extreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in common. Both markets have been buffeted by the COVID-19 economic downturn, but while bitcoin has stabilized, oil keeps plummeting. What does “digital gold” have that…

How Long Will the Market Downturn Last?

March 20th, 2020

When will normality return? How long till global markets recover and bitcoin resumes the bull run it was teasing at before the coronavirus materialized? These are questions that all investors are pondering as the epidemic wreaks Havok on gold, oil, stocks and – up until March 19 – on bitcoin itself. BTC is up 20%…

BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving

March 16th, 2020

Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s) territory and the BCH hashrate fell…

Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc

March 16th, 2020

Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens pegged to the U.S. dollar like USDC,…