Bitcoin (BTC)

The atmosphere surrounding cryptocurrencies such as bitcoin has gotten crazy following news of a $2 trillion stimulus package in the U.S. and the growing coronavirus pandemic. Many are revisiting the question of whether bitcoin qualifies as a “safe haven” asset and if it’s comparable to gold.Is Gold Still Better Than BTC?Matthew Dibb – the co-founder of Stack, which provides index funds and cryptocurrency trackers – commented on the overall situation:The trade tensions, political turmoil and...

The leading cryptocurrency exchange by volume, Binance, will soon release a cryptocurrency debit card. Dubbed Binance Card, it will allow users to fund it via a designated app and make payments to over 46 million merchants with Bitcoin and BNB.Binance Card To Launch SoonThe popular cryptocurrency exchange announced its newest product earlier today. Binance Card’s mission will be to eliminate the necessity to convert digital assets into fiat to make simple payments:“No longer will you need to...

Mike Novogratz – the head of bitcoin hedge fund Galaxy Digital – says that bitcoin “needs to rally this year.”Novogratz Is Still Confident in BTCAt the time of writing, economies around the world are suffering at the hands of an ongoing coronavirus pandemic that has stirred fear in the hearts of men. Many are wondering if things could recover in due time, while others remain bearish and claim that the $2 trillion stimulus package recently approved by the U.S. Senate won’t be enough to push...

Although fixed rates don’t possess such popularity as floating ones, they can become a good reassurance and an efficient tool to tackle uncertainty in today’s market situation. This article will clear up all the ambiguities.The market for online cryptocurrency exchange platforms is quite saturated nowadays. With the enormous amount of options available, each and every one of them has to work hard to keep up with the competition so as not to go out of business. Exchanges rush to add new...

Now that a $2 trillion economic stimulus package is on the verge of being approved by the Senate, many analysts and crypto enthusiasts everywhere believe the demand for bitcoin is going to go through the roof, which means now may be the time to buy… Before things get too expensive.Bitcoin Is About to Get Very BigLarry Kudlow – the chief economic advisor to President Donald Trump – called the plan the largest assistance the United States has ever seen, and further claimed:This legislation is...

CME Group is the largest institutional provider of Bitcoin futures contracts. However, according to a nominee for the upcoming Board of Directors election, the company should also focus on additional operations, including mining Bitcoin and other companies, to create additional value for its stakeholders.CME Group Should Start Mining BitcoinDante Federighi is a nominee for CME Group’s upcoming board of directors election. He is also the co-founder of an investment managing firm called...

Litecoin increased by a small 7% over the last week of trading as it reached $40.The cryptocurrency has been trading within a rising wedge formation for the past 2-weeks.Against Bitcoin, Litecoin continues to create fresh lows each day during March.Key Support & Resistance LevelsLTC/USD:Support: $39, $35, $32.50.Resistance: $42, $44, $47.50.LTC/BTC:Support: 0.0058 BTC, 0.0056 BTC, 0.0055 BTC.Resistance: 0.006 BTC, 0.0062 BTC, 0.00634 BTC.LTC/USD: Litecoin Trading Within Rising WedgeThe...

Ripple Labs is donating $200,000 to two different non-profits to help them amid teh spread of the COVID-19 at the time when scammers are looking for opportunities to cause problems too.Ripple Labs has donated about $200,000 to help halt the spread of coronavirus. The blockchain startup indicated this in a recent tweet. In these challenging times, Ripple is committed to being part of the global response to the COVID-19 pandemic. We’re starting in our own backyard with $100K donations each to...

Comme on pouvait s’y attendre en constatant la baisse importante du « hashrate » [1] ces quinze derniers jours, la difficulté de minage vient de chuter de façon importante (près de 16%), permettant au réseau de retrouver un rythme normal de production de blocs. Ce n’est évidemment pas la première fois que la difficulté baisse fortement – on se souviendra du recul de 31% entre octobre et décembre 2018...

The pressure’s on for Congress to pass a $2 trillion spending bill to thaw the frozen economy. While they negotiate the largest ever emergency relief bill in US history, markets are getting restless. Stock futures have been volatile as the bill makes progress and stalls, then makes progress and stalls again. Voters are getting restless too. Both sides are badgering each other to “Hurry!” while negotiating a $2 trillion transaction with other people’s money.Any time either side of the partisan...