Bitcoin

Bitcoin

Bitcoin Mining Difficulty Posts Second-Biggest Percentage Drop in Its History

Competition among Bitcoin miners has eased as the recent price drop thinned the herd, fresh data shows.

Markets  ·  26 March 2020
Bitcoin

US Stimulus Plan Is Steadying Global Markets While Crypto Takes a Dip

The $2 trillion stimulus deal in the U.S. wasn’t enough to keep many cryptocurrencies from taking a dip Wednesday.

Markets  ·  25 March 2020
Bitcoin

Bitcoin Rejected Near $7K Despite US Fiscal Agreement on $2T Stimulus Package

Bitcoin has dropped back from levels near $7,000 despite the rapidly increasing scope of fiscal stimulus efforts in the US and across the globe.

Markets  ·  25 March 2020
Bitcoin

Mt. Gox Trustee May Sell Some Crypto Assets, Says Draft Repayment Plan

The trustee of the now-defunct bitcoin exchange intends to liquidate cryptocurrencies other than bitcoin and bitcoin cash as part of a draft rehabilitation plan.

Business  ·  25 March 2020
Bitcoin

Stocks, Bitcoin Rally on Prospects for US Senate Stimulus Bill

Financial markets rebounded Tuesday after prospects for a stimulus package out of the U.S. Senate improved. Most cryptocurrencies are gaining, too.

Markets  ·  24 March 2020
Bitcoin

BitMEX Open Interest Collapses After Controversial Long Squeeze

Open interest in XBT/USD on BitMEX has crashed by over 50 percent from 115,000 BTC to 55,000 BTC over the past 12 days.

Markets  ·  24 March 2020
Bitcoin

Bitcoin Marches on $7K as Traditional Markets Cheer Fed’s QE ‘Bazooka’

Bitcoin looks on track to test $7,000 soon, as the stock markets are rising with the Federal Reserve's open-ended easing plan.

Markets  ·  24 March 2020
Bitcoin

Bitcoin and Gold: Evaluating Hard-Cap Currencies in Times of Financial Crisis

How would a bitcoin economy react to coronavirus? For now, we don’t know. However, we can turn to a proxy for insight: gold.

Tech  ·  23 March 2020
Bitcoin

Investors Look to Gold, Crypto After Fed Goes on QE Buying Spree

Gold is up Monday and so are most cryptocurrencies, seemingly buoyed by the U.S. Federal Reserve's drastic action to thwart the coronavirus’ effects on markets and the economy.

Markets  ·  23 March 2020
Bitcoin

Bitcoin: A Global Port in a Market Storm?

Turmoil in global markets and economies points to a widening interest in bitcoin, argues Noelle Acheson.

Markets  ·  23 March 2020
Bitcoin

Bitcoin, Gold Spike as Fed Unveils Unlimited Coronavirus Stimulus Package

The Federal Reserve has announced a quantitative easing package with no upper limit to support the U.S. economy amid the coronavirus crisis.

Markets  ·  23 March 2020
Bitcoin

Bearish ‘Death Cross’ Price Patterns Loom for Both Bitcoin and US Stocks

Bitcoin, the S&P 500 and the Dow Jones are staring at bearish chart patterns as coronavirus jitters across the markets fail to subside.

Markets  ·  23 March 2020
Bitcoin

Australian Share Market Reveals Potential Storm for US Equities While Bitcoin Falls

The ASX fell sharply during its opening session Monday after Australia's Prime Minister announced drastic measures to curb the spread of coronavirus.

Markets  ·  23 March 2020
Bitcoin

As This Crisis Worsens, Bitcoin Will Become a Safe Haven Again

This liquidity crunch and ensuing government intervention is laying the foundation for bitcoin’s adoption as a safe-haven asset.

Markets  ·  21 March 2020
Bitcoin

Bitcoin Bumps Up, but for How Long?

Traditional markets continue to struggle during the coronavirus crisis while cryptocurrencies are seeing an upswing.

Markets  ·  20 March 2020