Bitcoin has tough days. The primary cryptocurrency had lost 40% of its value over the past four days.The fact that the price of Bitcoin is positively correlated with the global stock markets had been a surprise to many in the crypto community, who waited eagerly to see Bitcoin price exploding amid the emerging coronavirus financial crisis. After all, Bitcoin was born as alternative money following the recent financial crisis of 2008.Back to the price charts: the abnormal behavior that took...
Read More »Bitcoin et les banques – Classement de mars 2020
Voilà la dernière mise à jour de notre classement des banques. Ce tableau a été conçu à partir des résultats d’un sondage permanent s’adressant à toutes les personnes ayant utilisé au moins une fois leur compte bancaire pour transférer des fonds afin d’acheter ou de vendre des bitcoins ou d’autres crypto-monnaies. Le résultat est exprimé sous la forme d’un « taux de satisfaction » (pourcentage...
Read More »Why Analysts Say Now Is the Time to Purchase Bitcoin
For the past several days, Live Bitcoin News has reported on the fact that bitcoin has entered a freefall that has caused it to lose roughly half its value over the course of a few short weeks.Maybe It’s Time to Buy BitcoinIt’s a scary thought at first, but many analysts and professional traders are telling people that now is the time to get even more involved in the market.At first glance, whenever economic strife hits us, the first instinct for most people is to run away and think about...
Read More »Tyler Winklevoss: Bitcoin Will Emerge Stronger Than Ever From This Crisis
Despite the recent days of despair in the crypto community because of Bitcoin’s massive plunge, Tyler Winklevoss stays optimistic. The Winklevoss twin believes that Bitcoin’s significance will outperform the current negative sentiment, and it will “emerge stronger than ever.”Winklevoss Still Believes In BitcoinThe coronavirus hit the cryptocurrency market, and in less than a month, the Bitcoin price dropped from over $10,000 to $3,600 on some exchanges. Even though BTC has recovered slightly...
Read More »Ripple Price Analysis: After Plunging To 7-Month Low, Can XRP Regain Momentum?
Ripple is trading inside a descending channel; a bullish breakout is likely to take place only above $0.215 per XRPAgainst Bitcoin, Ripple started to regain momentum after finding support at the 2580 SAT level.XRP/USD: Ripple Is Trapped Inside The ChannelKey Resistance Levels: $0.185, $0.215Key Support Levels: $0.13, $0.11After opening the weekly candle around $0.215, Ripple saw a massive 50% price plunge following the March 12 crash that hit the cryptocurrency market, while Bitcoin crashed...
Read More »Bitcoin Miners Are Set to Suffer Following Price Drops
The coronavirus has got crypto crashing as of late, but it’s not just the individual coins themselves that are suffering. Miners are also experiencing the harsh realities of a falling industry.Bitcoin Miners Are Likely to Be Hit HardAt the time of writing, bitcoin—the world’s number one cryptocurrency by market cap—is trading for a flimsy $5,300, and even this is nowhere near as low as the number ($4,100) that bitcoin struck during yesterday’s late-night hours. Overall, the asset is down by...
Read More »Bitcoin Has Lost Two Years’ Worth of Gains
It’s scary to think that bitcoin could get any worse at this point, but that’s what’s happening. There’s no beating around the bush; the world’s number one cryptocurrency by market cap is falling hard.Bitcoin Is Heading Further SouthAt the time of writing, the asset is trading in the low $5,000 range – a significant drop from the $5,800-$6,000 we were witnessing just yesterday afternoon. The currency had fallen as low as $4,100 during all this hype and hoopla surrounding the coronavirus and...
Read More »The Crypto Twitter Experts Are Now Bearish On Bitcoin, But Maybe It’s Time To Buy Bitcoin?
Volatility in the cryptocurrency market is something somewhat expected. Aside from the price swing, however, the community’s opinions and predictions could change just as quickly.For instance, Bitcoin, and the rest of the cryptocurrency market, went through a severe nosedive a few days ago, which brought the price of the largest digital asset to as low as $3,600 on BitMEX. All of a sudden, most popular influencers switched their previous bullish views to a full-on bear mode.Change Of Heart...
Read More »Opinion: Bitcoin is Still Too Small to Possibly Be Correlated with Markets
On the same day that Wall Street took its hardest plunge since the 1987 Black Monday crash, Bitcoin’s price cratered from a touch under $8,000 per 1 bitcoin to the $3,700 handle within 24 hours. This is calling into question the entire thesis of Bitcoin as an uncorrelated asset.Here’s why it shouldn’t.Bitcoin Market Cap Is Too Small to CorrelateWhile Bitcoin has an impressive market cap for “fake Internet nerd money,” it is too small to possibly be correlated with markets.People don’t seem to...
Read More »Die positive Seite des Bitcoin Absturzes
Der Markt ist in die Knie gegangen. Der Bitcoin rutschte zwischenzeitlich sogar wieder unter $4.000 auf Coinbase. Doch der komplette Martkkollaps im Zusammenhang mit dem Coronavirus hat auch eine positive Seite.Bitcoin News: Die positive Seite des Bitcoin AbsturzesMehr als 50% des BTC-Kurses wurde in dieser Woche aufgefressen. Der Markt ist in Aufruhr.Doch auch wenn der BTC stark verlor, traf er bereits bei $4.000 auf Widerstand und erholte sich sogar inzwischen wieder auf über $5.000. Ein...
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Bitcoin (BTC)
