Beware of false narratives: stock-to-flow and halving not bullish for Bitcoin, claims report

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 – […]
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Wall Street giant chief fears end of “debt super cycle”: Is crypto the solution?

The antidote to the many economic crises the world has faced over the past few decades has been debt. Case in point: as of the time of writing this, the latest estimates put the amount of global debt somewhere in the region of $250 trillion, or approximately three times the economic output of the world […]
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SEC Clamps Down On $ZOOM Trading After Investors Mistake It For Zoom App

The United States Securities Exchange Commission (SEC) has paused the trading of shares of a small China-based company called Zoom Technologies, based on concerns that […]
The post SEC Clamps Down On $ZOOM Trading After Investors Mistake It For Zoom App appeared first on InsideBitcoins.com. …

Bitcoin May Still Drop As Low As $4,800, Analysts Predicts

Bitcoin’s market price dropped from the new stable $6,800 by a violent 10% in less than a day, and analysts are saying that it may […]
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California Governor Mentions Bitcoin in COVID-19 Response Speech 

The increased threat of cryptocurrency scams, especially in this time when people seem to be susceptible to them, has reached some authorities as well. Most […]
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Yesterday’s stock market rally leaves Bitcoin in the dust as critics rejoice

The U.S. stock market has had a great past few days, with all of the benchmark indices rallying as bulls attempt to establish a long-term bottom. Bitcoin has only been able to catch a portion of this momentum, however, as the cryptocurrency is currently facing insurmountable resistance just below $7,000. Bitcoin’s lack of momentum against […]
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The White House’s $6 trillion stimulus package is astronomically bullish for Bitcoin; here’s why

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 […]
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Crypto Twitter Alight With Debate As Industry Crashes

Crypto analysts all across Twitter have gone more bearish than ever on Bitcoin and crypto in general. This is primarily due to the recent market […]
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Bitcoin price spikes 10% in minutes as Federal Reserve cuts rates to zero

While Bitcoin was born independent of traditional finance, events taking place on Wall Street have become increasingly important to the cryptocurrency. This was proven today when the Federal Reserve made history, cutting its policy interest rate to zero percent, meaning that banks need to pay nothing to borrow money from the American central bank. At […]
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Capitulation: Bitcoin Falls Off a Cliff to $5,600, Crypto Now in “Uncharted Territory”

There’s no other way to put it: Bitcoin has fallen off a cliff. The cryptocurrency, over the past few hours, has plunged from a comfy price above $7,700 (which now seems extremely high) to as low as $5,600 in the span of a few 15-minute candles. This crash, which caught many traders aback, liquidated some $655 million worth of BitMEX long positions, wiping out many traders across the board. As explained by Bitcoin Jack, former lead analyst at cryptocurrency analysis […] …

After Coachella and SXSW, pressure to cancel events mounts following first crypto Coronavirus diagnosis

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 […]
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Ethereum is down 27% in 4 days: here’s why it’s crashing harder than other cryptocurrencies

Ethereum has consistently been the best performing cryptocurrency in the first two months of 2020. It surged by 127 percent from January 1 to the highest point of the year on February 15, after a lackluster year in 2019. Yet, in the last 4 days, the price of Ethereum has fallen by more than 27 […]
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After Fed, now Bank of England makes emergency rate cut in light of coronavirus risks

The Bank of England, the central bank of the U.K., has made an emergency cut of 50 basis points to the main bank rate in light of coronavirus risks.
The post After Fed, now Bank of England makes emergency rate cut in light of coronavirus risks appeared first on The Block. …