Blockchain Bearish News
2020 has been a turbulent year for Bitcoin and the aggregated cryptocurrency market, with bulls having firm control over the benchmark digital asset throughout all of January and most of February, before losing their strength to sellers in March. This heightened volatility has occurred against a backdrop of bearishness within the global economy, which – […]
The post Beware of false narratives: stock-to-flow and halving not bullish for Bitcoin, claims report appeared first on CryptoSlate. …
In times of economic crisis, gold has been the tried-and-true solution for those looking to protect their wealth for decades, even centuries; indeed, the metal has held its value for millennia, is universally loved, and is scarce. Gold under pressure The safe-haven status of gold has been proven once again over the past few months, […]
The post With strain on the physical gold market, is Bitcoin the next best bet? appeared first on CryptoSlate. …
So-called “Crypto Twitter” has been enthralled by a widely circulated “money printer go brrr” meme that takes aim at the government’s incessant money printing, with many crypto enthusiasts pointing to the Fed’s current monetary policies as the reason why Bitcoin is so important. Despite of these massive monetary injections that are – at least partially […]
The post The US Dollar’s climb invalidates “money printer meme” and damages Bitcoin narrative appeared first on CryptoSlate. …
Though Bitcoin started 2020 with a bang, it’s worth taking the start of a new decade to reflect on the state of the original cryptocurrency. Doing that, we can really only draw one conclusion: it has failed to live up to the hype. Don’t get me wrong. Even over the past few months, we’ve seen […]
The post What’s holding Bitcoin back – business or consumers? appeared first on CryptoSlate. …
Experts are wondering whether the crypto adoption in Egypt is set for a massive boost with the Egyptian Central Bank imposing limitations on daily withdrawals as the country faces severe […] …
Crypto in general has long been viewed as a sort of the antithesis of the traditional finance system, with central bank’s constant money printing and loose monetary policy running counter to the credo of scarcity that underlies Bitcoin. The recent turbulence in the global economy, and the Federal Reserve’s reaction to it, seems to have […]
The post Here’s why the Fed boasting about having “unlimited ammo” is an endorsement of crypto appeared first on CryptoSlate. …
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Bitcoin price movement is the very key that holds power to move and sway the price charts across the cryptocurrency market, and that makes it of tantamount importance day in […] …
Tezos wrapped up 2019 on a high note, with the cryptocurrency’s massive bullishness at the end of the year spilling over into 2020, allowing it to set fresh all-time highs just over a month ago. It was not, however, able to avoid the intense market-wide bearishness seen throughout the month of March, with the downwards […]
The post Tezos sees fundamental growth, but the XTZ price chart is showing technical weakness appeared first on CryptoSlate. …
Kraken, one of the world’s first and biggest exchanges, has recently revealed a user poll. This poll showed that most traders have an expectation that […]
The post Trader Consensus Shows Anticipated BTC All-Time High For 2020 appeared first on InsideBitcoins.com. …
BAT, the native cryptocurrency of the Brave Browser, spiked by more than 16 percent following a Binance trading widget integration. The Brave team said: “Brave Software and Binance, the global blockchain company behind the world’s largest cryptocurrency exchange by trading volume and users, today announced a partnership that enables Brave browser users to seamlessly trade […]
The post Why this cryptocurrency just surged 16% on news of a key Binance partnership appeared first on CryptoSlate. …
The recent volatility within the cryptocurrency markets has led a significant amount of Bitcoin to change hands, with massive selling pressure overwhelming buyers and resulting in a capitulatory decline that led it to drop from highs of $10,500 to lows of $3,800. This volatility may ultimately be a net-positive for the benchmark cryptocurrency, however, as […]
The post Shift of Bitcoin from “weak to strong hands” may be an impetus for massive momentum appeared first on CryptoSlate. …
The entire world, including the Bitcoin industry, has been ravaged by the coronavirus outbreak over the past few weeks; indeed, to mitigate the spread of COVID-19, authorities have been forced to enact emergency measures, thereby shutting down thousands of businesses and resulting in millions laid off around the world. In short: the economic impact has […]
The post The White House’s $6 trillion stimulus package is astronomically bullish for Bitcoin; here’s why appeared first on CryptoSlate. …
Glancing at Bitcoin’s price performance over the past week, punctuated by a 50 percent decline on the days Mar. 12 and 13, it’s easy to say that “crypto is dead.” Case in point: Peter Brandt, a long-time commodities trader that once said BTC could hit $50,000 and beyond, recently argued that if he looks at […]
The post This news proves the crypto industry isn’t dead even after Bitcoin’s 50% crash last week appeared first on CryptoSlate. …
Zimbabwe could be the first African country to provide clear regulations, as reports are now pointing to possible legalization of digital assets in the country. […]
The post Zimbabwe Set to Provide Regulatory Framework for Cryptocurrencies appeared first on InsideBitcoins.com. …
The lethal Coronavirus has seen an unprecedented spread across the globe throughout the past several days and weeks, leading a vast array of major events like Coachella and SXSW to be canceled or postponed, including multiple crypto events. Now, the crypto industry is seeing its first Coronavirus case, with the Torus Labs founder announcing in […]
The post After Coachella and SXSW, pressure to cancel events mounts following first crypto Coronavirus diagnosis appeared first on CryptoSlate. …
It isn’t only the markets that are being affected by the coronavirus. This image of the main stage at the CryptoCompare Digital Asset Summit in London tells a thousand words. As mass events and gatherings are canceled around the world, the CCDA Summit may well be the last major event of the industry this year. […]
The post When crypto conferences and coronavirus collide appeared first on CryptoSlate. …
A new “Blockchain Governance Initiative” has come together in Japan thanks to the country’s Financial Services Agency. They’re calling it BGIN for short. “BGIN aims […]
The post Japan Establishes ‘Blockchain Governance Initiative’ With a Focus on Global Regulation appeared first on InsideBitcoins.com. …
Circle’s consolidation around USDC is finally bearing fruits as it releases APIs targeted for mass adoption …