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Bitcoin (BTC)

Bitcoin Price Rose to $5,900 after Fed Zero-Rate Cut but Then Fell Below $5,000

Bitcoin price doesn’t look very optimistic now as it is below $5,000 again. However, just recently after the news about the rate cut from teh Fed, it was gaining massively.Bitcoin price went up after the U.S. Fed announced a massive rate cut. Sources say that this occurred late on Sunday as global economies were still reeling from the effects of the COVID-19 situation. It also reportedly came with a $700 billion stimulus program to protect the U.S. economy from the effects of a global...

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Stellar Lumen (XLM) Price Is Likely To Resume Decline Below $0.035

Stellar lumen price started an upside correction after a massive decline below $0.0400 against the US Dollar.XLM price is currently facing a lot of hurdles near the $0.0400 resistance area.There is a major bearish trend line forming with resistance near $0.0400 on the 4-hours chart (data feed via Kraken).The pair is likely to restart its decline if it fails to stay above the $0.0350 support area.Stellar lumen price is showing a lot of bearish signs against the US Dollar and bitcoin. XLM price...

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Polehin.com: the First Cryptowallet Available on Apple Watch

Place/Date: - March 16th, 2020 at 9:02 am UTC · 1 min read Contact: Polehin, Source: Polehin.com Photo: Polehin.comThere are a myriad of Bitcoin wallets on the market, so the competition is harsh. The quickly developing Polehin.com app, without a doubt, has all the chances to outperform its competitors.It’s the first app in the world that made crypto trading available on Apple Watch! This news made many Apple Watch’s fans day, for sure. Crypto experts are already discussing it on...

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Dow Futures Plunged 1,000 Points after Fed Cuts Interest Rate to Zero

Previously, the target range of the interest rate varied from 1% to 1.25%. Now the benchmark for both short-term lending for financial institutions and a peg to consumer rates will be targeted at 0% to 0.25%. Dow Futures lost 1,000 points.Yesterday evening, U.S. stock futures plummeted by 5%. Dow futures plunged 1,041 points or about 4.5%. S&P 500 futures closed down about 4.8%, while Nasdaq futures were down 4.5%. The drop followed the initiative of the U.S. Federal Reserve.On Sunday,...

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Bitcoin and S&P 500 Correlation Has Never Been So Accurate

Bitcoin and S&P 500 Price Index correlation proves that cryptos and stocks have one thing in common – the American retail investors and corporation bosses. This week is one of the most dangerous in the last 11 years, as the corporate and personal income melts amid coronavirus preparations.People see what happens in Italy and rush to the supermarkets to buy tons of food, supplies, toilet paper and so on. The shares and stocks lost another part of their value, and cryptocurrencies received...

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How One Bitcoin Trader Lost $11 Million in a Single Day

Advertisement One bitcoin trader lost 1,220 bitcoin on a single day, worth $11 million before the drop. Accounts using low leverage were also liquidated as BTC dropped by 50%. Similar liquidations can happen again as downtrend intensifies. One bitcoin trader lost 1,220 BTC on March 12, when the price of the dominant cryptocurrency fell by 50 percent in a single day. As the downtrend of the crypto market worsens, large-scale multi-million dollar liquidations can happen again. How 1,220...

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#834 Bitcoin reagiert auf FED Zinssenkung & Deutschland macht dicht

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 834. Heute sprechen wir über folgende Themen: Bitcoin reagiert auf FED Zinssenkung & Deutschland macht dicht – erhebliche Einschränkungen im deutschen Alltag. [embedded content] 1.) Bitcoin Price Tops $5.9K as Fed Cuts Interest Rates to 0%, Restarts QEhttps://cointelegraph.com/news/bitcoin-price-tops-59k-as-fed-cuts-interest-rates-to-0-restarts-qe 2.) Deutschland macht...

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Relance monétaire

La Réserve fédérale des États-Unis vient d’abaisser ses taux directeurs de près d’un point, les amenant dans une fourchette comprise en entre 0% et 0,25% pour lutter contre les conséquences économiques de la crise liée au covid-19. Cette mesure s’accompagne d’un « assouplissement quantitatif » de 700 milliards de dollars. Dans le même temps, la Banque centrale européenne a annoncé le lancement d’une...

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Bitcoin Price Soars $800 Following The Fed’s Emergency Rate Cut To Zero

The Federal Reserve made an unexpected announcement at 5 PM U.S. Time Sunday afternoon. Along with another $700 billion immediate injections – $500 billion in treasuries and $200 billion in mortgage-back securities, the Fed is cutting the rate to zero.Donald Trump fires all the guns he has at an early stage of the coronavirus battle: Following the past week’s cut of 0.5% just a week ago, the Fed had announced shortly before the Futures on Wall Street open, on an another aggressive rate cut to...

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Tyler Winklevoss: BTC Is Just Like Gold

There have been many arguments as of late about which asset is better: bitcoin or gold.Bitcoin and Gold Seem to Be on Equal TermsAt press time, they both appear to be doing the exact same thing. Both have taken nasty falls due to panic surrounding the coronavirus, and both are failing to live up to their “safe haven” reputations.But is it fair to suggest that neither of these assets are “safe havens?” Can such status be taken away from them given that they are suffering – like all assets –...

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