The Crypto Market is About to Tap a Critical Level That Will Set the Tone for 2020
It has been a turbulent past couple of weeks for the crypto markets, with Bitcoin and many other altcoins rallying to fresh 2020 highs just a few weeks ago before meeting insurmountable resistance that has sparked an intense downtrend. Now, one analyst is noting that the aggregated crypto market cou...
Published at: 2020-03-01 18:00:02
Bitcoin’s safe-haven narrative vanishes as investors flee risk-on assets
The global markets have been rattled by the rapid spread of the Coronavirus (COVID-19), which has led the US equities markets to see an intense selloff over the past seven trading sessions. This has also come as investors flee Bitcoin and other cryptocurrencies, marking a mass exodus away from so-ca...
Published at: 2020-03-01 17:56:09
Bitfinex Bearwhale Makes $15 Million After Predicting Bitcoin Crash Weeks Ahead
Joe the whale has made two astonishing trades in the last three months that have correctly predicted bitcoin’s price movement when the trend was in a different direction. He came...The post Bitfinex Bearwhale Makes $15 Million After Predicting Bitcoin Crash Weeks Ahead appeared first on Trustn...
Published at: 2020-03-01 17:56:06
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project and g...
Published at: 2020-03-01 17:45:37
(Opinion) How Blockchain Will Power The Electricity Grid of The Future
Earlier this month, under its “The Future of Everything” vertical, The Wall Street Journal reported how AI is improving the power grid. The Journal says artificial intelligence is “the key to keeping the lights on.” The article explains how power companies are “turning...
Published at: 2020-03-01 17:06:07
Bitcoin CME premiums drop as institutional investors close out
It's not just the S&P500 that Wall Street is running out on, it's Bitcoin as well. With the Covid-19 fears tearing down the equity, and bond market, Bitcoin Futures traded on the institution-heavyThe post Bitcoin CME premiums drop as institutional investors close out appeared first on AMBCrypto.
Published at: 2020-03-01 17:00:56
Sunday Digest: Bitcoin Price Crash and Other News
It’s been hard to avoid the coronavirus this week, at least in the news, as the US confirmed its first death this morning. If it turns into an all-out pandemic, you’ll be glad that you sealed yourself away and stocked up on bitcoin… you did do that, right? Bitcoin Price What can be...
Published at: 2020-03-01 17:00:27
Seized mining rigs in Venezuela run by government?
Corruption-ridden Venezuela has continued to suffer after trying to maneuver and revamp its current economic situation. Government agencies have begun seizing mining rigs in Venezuela. Corruption is apparently the reason for seized mining rigs in Venezuela. Miners in the country are being hunted, ex...
Published at: 2020-03-01 16:46:09
Nevada's $170 million “Blockchain City” facing challenges
Blockchains LLC's ambitious plans to build a "Blockchain City" in Nevada suffers some layoffs and executive departures. But the show will still go on, company claims.The post Nevada's $170 million “Blockchain City” facing challenges appeared first on Decrypt.
Published at: 2020-03-01 16:43:22
Ethereum decentralized exchange monthly volumes hit all-time-high
Decentralized exchanges (DEX) on Ethereum just recorded their highest monthly trading volume, according to data from Ethereum analytics site Dune Analytics. In February 2020, DEXs logged over $372M in trading volume, a 62% increase from the month prior. February’s volume overtook the previous...
Published at: 2020-03-01 16:27:13
Filecoin's "Coronavirus excuse"
The highly anticipated Dropbox alternative blamed the Coronavirus for its more recent delay. Chinese miners are miffed. Plus more, in this week's Da Bing wrap up of top crypto news in China.The post Filecoin's "Coronavirus excuse" appeared first on Decrypt.
Published at: 2020-03-01 16:14:43