During a crisis, the first thing panic-stricken investors do is to sell almost every asset class they perceive is likely to go down. However, after the panic settles down,…
Tag: asset
Bitcoin & Stocks Rise as US Economy Grinds to a Halt — Furloughs Soar
Monday proved to be a surprisingly fruitful day for Bitcoin (BTC) price as the digital asset rallied 12.73% to $6,599 before pulling back to $6,380 a few hours later. …
Fake Trading Volumes and the Price of Bitcoin: Are They Connected?
Last year, Bitwise Asset Management reported to the United States Securities and Exchange Commission that 95% of trading volume in Bitcoin (BTC) was fake. Bitwise found that, according to…
Lowering The Electricity Costs Of Mining Bitcoin [A How-To Guide]
Bitcoin remains an incredibly tantalizing digital asset, as those who invest wisely in this cryptocurrency can earn huge sums of money for themselves. Bitcoin miners and investors are nevertheless…
Bitcoin Investment Keeps Finding Support Among Asset Managers
Asset manager Charles Edwards has pointed to the present market condition as a remarkable opportunity to accumulate Bitcoin. He has become the latest analyst to emphasize the strength of…
What On-Chain Analytics Tell Us About Bitcoin Transactions in 2020
Bitcoin (BTC) has been the most interesting asset over the last decade and on-chain analytics can prove such a statement. Since its inception, and until the first quarter of…
Bitcoin Is Half-Priced ‘Hurricane Insurance,’ Says Crypto Fund Manager
Travis Kling, the chief investment officer of crypto investment firm Ikigai Asset Management, has described Bitcoin (BTC) as insurance against both hurricanes and U.S. fiscal policy. On March 20,…
Bakkt Announces New Direct Payment Integration with Starbucks
A major digital asset platform is making it even easier to order that double espresso with an extra shot. Starbucks mobile app users will soon be given the option…
How Ethereum’s 44% Price Drop in USD value Shocked the dapp Ecosystem [An Analysis]
The Covid-19-fueled sell-off across financial and investment asset classes on 12 March 2020 resulted in the largest ever day fall in the Ethereum price – from $195 down to…
Price Analysis Mar 13: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
Capitulation occurs when traders are scared. On March 12, most asset classes witnessed a massive selloff with no place to hide. Even gold declined 3.17%, which shows that the…