Despite the billions of dollars allocated in bitcoin lately, the cryptocurrency needs even more funds to mature, said Goldman Sachs’ head of commodities research. …
Tag: Coronavirus
Bitcoin faces uncertainty of “tapering”, hints Fed Chair
TL;DR Breakdown Experts say that Bitcoin bubble is soon going to burst as it’s unsustainable in the near term. The Federal Reserve has hinted of a possible “tapering” which can lead to Bitcoin plummeting. On the other hand, rollback from the Fed is unlikely as this would cripple the economy. Bitcoin has nearly quadrupled over […] …
5 Possible Reasons For Bitcoin’s Price Surge Over $30,000
Bitcoin marked a new ATH today, but 2020 was overall great for the cryptocurrency despite the COVID-19 crashing the markets. Why is Bitcoin so bullish? …
Can Bitcoin Rally to $100K After Highest Weekly Close?
Bitcoin has made another milestone recording its highest ever weekly candle close. Analysts and investors are expecting this rally to continue into 2021 with some eyeing six-figure prices. …
What does Trump/Biden Presidency mean for Bitcoin [BTC] Prices?
Nothing better than the pandemic has united the people of the world. As we struggle together with the second wave of Coronavirus coupled with new lockdowns, Bitcoin has managed to soar higher to levels not seen in a couple of years. Another important event is right around the corner and regardless of who wins the
The post What does Trump/Biden Presidency mean for Bitcoin [BTC] Prices? appeared first on Coingape. …
Robinhood Secures $280M in Series F Funding, Plans to Expand Globally
In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation. The funding will drive a push to expand the platform globally. Robinhood also plans on scaling the platform and offering more products to users. The team at the popular trading platform of Robinhood has announced that the firm has secured $280 Million series F funding after an $8.3 Billion valuation. The round of funding was lead by Sequoia Capital which is an existing investor of […] …
Why Staking Crypto such as TRX, KAVA and more is Gathering Steam
In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious. The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading. Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins. The Bitcoin (BTC) and crypto market crash of mid-March was one event that not too many traders believed would happen. The majority of Bitcoin enthusiasts believed that […] …