Blockchain Bearish News
Mike Novogratz, the billionaire and founder of cryptocurrency merchant banking firm Galaxy Digital, has cast doubt over the long-term stability of the United States stock […]
The post Mike Novogratz Thrashes Stocks in Favor of Bitcoin and Gold appeared first on InsideBitcoins.com. …
Crypto recession strategy is becoming a challenge for most startups during the COVID-19 induced recession in the global economy. The stock market collapsed and the cryptocurrency market especially the Bitcoin […] …
The Ethereum price increased by 16 percent on the day against the U.S. dollar. Prior to the rally, analysts anticipated ETH to see a rapid recovery to $200 in the near-term. Josh Olszewicz, cryptocurrency technical analyst, was one of the few who observed an ascending triangle forming at larger time frames of the Ethereum chart. […]
The post Analyst: this simple Ethereum structure point towards a quick recovery to $200 appeared first on CryptoSlate. …
Bitcoin showed a tight correlation with the U.S. stock market for about two weeks from March 12, raising concerns among investors that cryptocurrencies are just as vulnerable to a financial crisis as stocks and other high-risk assets. A study from Seba, a Swiss banking startup that raised $103 million in 2018, showed that gold performed […]
The post Like gold with previous crises, Bitcoin will thrive after coronavirus, research shows appeared first on CryptoSlate. …
Few asset classes are as known for their volatility as cryptocurrencies like Bitcoin, Ethereum, and others are. Because these young digital asset valuations are driven primarily by speculation and hype, they are especially susceptible to wild price swings. However, today, it was the oil market that experienced crypto-like gains, causing the price per barrel of […]
The post Oil volatility following Trump tweets brings crypto traders to PrimeXBT appeared first on CryptoSlate. …
The US benchmark indices, Dow Jones and S&P 500 lost more than 4% yesterday. Along with this, prices of gold also went down. However, Bitcoin rose from $6200 mark to […] …
Historically, the Bitcoin price has tended to increase in the second quarter of every year. In the past six years, with the exception of 2018, BTC’s price has increased by 80 percent on average from April to June. However, 2018 was an odd year out during which the Bitcoin price dropped by 8 percent in […]
The post Q2 historically generated large gains for Bitcoin, but this time may be different 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. …
Bitcoin price has been going through a rather weird time where the king of cryptocurrency has constantly been trying to stabilize in a specific price zone. Though there has been […] …
The oil price is plummeting rapidly, dropping to as low as $5 in Canada. The dumping of additional supply by Saudi Arabia and Russia is expected to rattle the oil market further in April, which may cause high-risk assets including stocks and crypto to drop off. Over the next several weeks, JPMorgan expects oil-rich sovereign […]
The post Plunging oil price presents an unexpected risk to the crypto market in April appeared first on CryptoSlate. …
The king of cryptocurrency Bitcoin is in a rather weird position since the Bitcoin price drop on the 28th of March. The correction was about nine percent of the price […] …
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. …
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The crypto market has been relatively stable in the last four days. The Bitcoin price has generally been moving in between a five percent range, showing an unusually low level of volatility. In contrast, the U.S. stock market has demonstrated extremely large swings, moving by three to six percent on a daily basis in the […]
The post Forget crypto: Kiyosaki says the stock market is “manipulated” appeared first on CryptoSlate. …
In brief: Today, the US has surpassed China in confirmed cases of the Coronavirus. A total lockdown might be the only option left to curtail the spread of the disease in North America. The Stock markets might experience another dip due to technical and fundamental factors. Bitcoin (BTC) might thus be tested one more time by a stock market meltdown. New developments reaching Ethereum World News regarding the spread of the Coronavirus indicate that the United States has surpassed China […] …
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 […]
The post Yesterday’s stock market rally leaves Bitcoin in the dust as critics rejoice appeared first on CryptoSlate. …
The difficulty of mining Bitcoin has dropped by more than 10 percent for the fifth time in the asset’s history. It previously marked the bottom of BTC, but not every time. In the first week of December 2018, the difficulty of Bitcoin mining dropped by 15.13 percent. Yet, BTC did not recover until four months […]
The post Bitcoin difficulty dropping isn’t all that positive as many claim, as seen in Dec 2018 appeared first on CryptoSlate. …
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The Federal Reserve is taking a stronger approach than it did during the 2008 financial crisis to slow down the downtrend of the U.S. economy. The crypto market has been rallying in tandem with U.S. stock market futures, reducing fear in the market for the first time since early March. The Fed will be able […]
The post The Fed just gave crypto a critical lifeline by doing this, and Bitcoin is strongly reacting appeared first on CryptoSlate. …
A prominent trader known as PentarhUdi accurately called the drop from $10,000 to sub-$6,000 and has called many full Bitcoin market cycles in the past several years, believes BTC is headed to up to $8,500. When the Bitcoin price initially hit $5,200, the trader said that the dominant cryptocurrency is likely to move towards the […]
The post A prominent trader makes the case for $8.5k Bitcoin before making new lows appeared first on CryptoSlate. …
The Bitcoin price increased from $5,850 to $6,640 on major cryptocurrency exchanges in a 13 percent rally within an hour. But, top traders are convinced it is a fake-out before a bearish continuation. The abrupt spike in the Bitcoin price coincided with the Federal Reserve’s aggressive fiscal policy and its decision to acquire as many […]
The post Bitcoin price flash spiked 13% in 1 hour, but top traders think it’s a “fake” rally appeared first on CryptoSlate. …
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The U.S. stock market rebounded today following yesterday’s unprecedented selloff, with all of the major indices climbing over five percent today. This led Bitcoin and the aggregated crypto market to follow suit, with BTC and most other altcoins posting decent gains over the past 24-hours. This ongoing rebound may be short-lived, however, as the benchmark […]
The post Stock futures are dropping again, suggesting Bitcoin may see another drop appeared first on CryptoSlate. …
The Bitcoin price has recovered by 24 percent in the last 32 hours from around $4,394 to $5,500. It has since stabilized at $5,300, but it is now showing two signs of a local top. What are the two signs Bitcoin is showing? While the Bitcoin price has shown a promising upsurge since March 16 […]
The post Bitcoin is up 24% in 2 days, but it’s showing two key signs of a local top appeared first on CryptoSlate. …
Binance’s BUSD has become the fifth largest stablecoin by market capitalization, as investors flock to stablecoins for safety amidst extreme volatility in both the crypto and global financial market. Two weeks ago, $BUSD ranked 6th in market cap for the stablecoin market. As of today, BUSD is now in the top 5, and is closing […]
The post Binance stablecoin’s exponential growth shows crypto investors are flocking for safety appeared first on CryptoSlate. …
The global market meltdown seen throughout the past few weeks has shown no signs of slowing down anytime soon, and Bitcoin has been firmly exposed to the implications of this – plummeting significantly from its 2020 highs of $10,500. One prominent investor within the blockchain and cryptocurrency industry is now noting that investors should keep […]
The post Analyst: This simple factor shows Bitcoin may drop another 40% before forming a long-term bottom appeared first on CryptoSlate. …
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 […]
The post Crypto Twitter Alight With Debate As Industry Crashes appeared first on InsideBitcoins.com. …
The Bitcoin price plummeted by 50 percent on March 12 in a steep sell-off, and one cryptocurrency trader said that it could eliminate the appetite of institutional investors to invest in the space at a large-scale. “Bitmex is the main reason institutions won’t ever invest in BTC in large scale. Too much manipulation. Seriously if […]
The post Trader warns institutions won’t ever invest in Bitcoin large-scale due to the overnight plunge appeared first on CryptoSlate. …