Crypto markets are in the green today with leading digital currency Bitcoin gaining around 4 percent over the last 24 hours. The reason behind the sudden pump after a lull in the markets appears to be news out of South Korea.Earlier today, lawmakers made amendments to the nation’s financial regulations regarding crypto. Many publications, crypto…
Litecoin may be the silver to Bitcoin’s digital gold, but oftentimes, it’s the seventh-ranked crypto asset by market cap that leads the cryptocurrency market.According to one analyst, Litecoin “may have bottomed” out and “new highs” are inbound for the altcoin. The analyst also says that this means that Bitcoin and the rest of the altcoin…
The coronavirus is currently the talk of the entire world, causing widespread fears over the possibility of a global pandemic, a continued selloff across Bitcoin and the stock market, and it potentially being a black swan event that triggers the next recession.But as fears continue and the virus spreads, the World Health Organization has just…
Bitcoin was the first-ever cryptocurrency to be created, and the leader of the entire crypto market.So then why is the most powerful crypto company CEO so skeptical of the asset’s future?Bitcoin Tech Showing Signs of Age, Altcoin Attributes ShineBitcoin was first designed in 2008 by the mysterious, pseudonymous Satoshi Nakamoto.The disruptive, decentralized cryptocurrency was the…
Bitcoin is slowly gaining bullish momentum above $8,800 against the US Dollar. BTC price must settle above the $9,000 barrier to start a convincing rally towards $9,500.Bitcoin is showing positive signs above the $8,800 resistance area against the US Dollar.The price remains well supported on dips near the $8,840 and $8,780 levels.There is a major…
The incoming Governor of the Bank of England has once again said that Bitcoin buyers should be prepared to lose everything they invest. Andrew Bailey, formerly the chair of the FCA, says that the digital asset lacks “intrinsic value”.Bailey has expressed very similar sentiment previously. In fact, the last time he did was three days…
The Chainlink’s crypto token hit a new record on Wednesday even as its top rivals continued to underperform amidst a gloomy market outlook.Dubbed as LINK, the eleventh-largest cryptocurrency climbed 27 percent this week to establish an all-time high of $4.92. It performed similarly well against bitcoin, rising by more than 22 percent to 55,683 sats…
Bitcoin stands to gain as ordinary people begin to realize the global financial system is on life support.Signs of trouble stirred yesterday as the Federal Reserve cut rates by 50 basis points. Following this, President Trump then goes to the extreme by calling for further cuts.President Trump called for further rate cuts after the Federal…
Bitcoin plunged on Tuesday, dropping by $157, to circa $8,757. But there could be profits as more traders view the benchmark cryptocurrency as safety against ultralow interest rates, according to popular market analyst Ivan Liljeqvist.The Stockholm-based blockchain influencer said the central banks are blowing the global economy unsustainably via artificial money printing and unnecessary rate cut programs.…
India’s Supreme Court just struck down a central bank directive that effectively banned Bitcoin and other cryptocurrencies in India, Bloomberg has reported just minutes ago as of the time of this article’s writing.The price of BTC and other cryptocurrencies have been seemingly unaffected by this decision, with prices remaining effectively stagnant in the past 24…