Crypto news

After overheating for months to pie-in-the-sky valuations, the stock markets are finally cooling down. Coronavirus may have been the catalyst, but market analysts worth their salt knew the correction was looming.The Buffett Indicator (the total market cap of the US stock market divided by US GDP) has surpassed the pre-Great Recession and pre-Dot Com bubble pop levels for weeks. Corporate multiples like forwarding stock price to earnings ratio haven’t been promising either.And then there were...

Come the end of this season’s 2019/2020 English Premier League edition, Watford FC and jersey sponsor crypto-led sportsbook Sportsbet.io will join hands to host the first Crypto Cup meetup at Vicarage Road, the home of Watford Football Club.For one day, the season’s closer will bring together enthusiasts, businesses, educators and developers from the blockchain world to meet, talk issues, discuss topics and of course, play a bit of football for charitable causes.With the ongoing theme always...

Google has called off its I/O Developer Conference 2020 due to COVID-19 fears. It has joined the row of other major events globally to be canceled this year.Google I/O developer conference 2020 has been canceled. This comes after Facebook also decided not to hold its F8 developer conference and Google also canceled its Cloud Next event as well. Google I/O was scheduled for May 12th to 14th, 2020. It has been canceled due to COVID-19 concerns. An e-mail was sent to attendees giving them the...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Unfortunately, the crypto market still fails to return to the phase of good growth. The assets are currently testing important support levels, and we can soon see a...

Willy Woo’s $135,000 Bitcoin price prediction makes waves in the crypto community. The notable trader in a chat with Max Keiser told the public that he expect Bitcoin to reach $135,000-250,000 level within a few months in 2020.Willy Woo, the industry expert with rich trading past, shares the opinion that Bitcoin is heading right to $100,000 price level. He was speaking with Keiser Report on March 3. Per the expert, thanks to ‘cycleture’ he can state that Bitcoin could hit $135,000 because of...

Facebook has changed plans for crypto and has decided to develop and issue multiple digital fiat-pegged assets in addition to Libra.Facebook Inc (NASDAQ: FB) has had a rough time with regulatory authorities and the U.S. government since it announced plans for a digital currency. When Facebook unveiled plans for the Libra, it probably did not expect the amount of backlash it got in response. Many institutions were worried about the power the Facebook company has and how it could affect how...

Bitcoin halving is one of the major reasons for volatility increase before May 2020. Miners increased their effors in mining Bitcoin. But during a coronavirus attack, it may be difficult to resist the temptation and sell coins to buy masks and disinfectors.After Bitcoin price reached $10,000 last week, it hasn’t been moving back and traders are wondering what happens next. Next Bitcoin halving and coronavirus fears force worldwide crypto communities to protect their family from both the...

Huobi exchange has admitted its involvement in taking part in the recent reversal of Steemit’s blockchain soft fork and has withdrawn the vote.At the same time, Changpeng Zhao, the CEO of Binance exchange, also said that his company has undone the vote and wants to remain neutral.Huobi Admits Controversial InvolvementAs Cryptopotato reported yesterday, TRON and Steemit attempted to reverse a soft fork on the blockchain, which intended to reduce their ability to sway governance decisions. To...

Facebook will provide free advertisements to the World Health Organization as it seeks to ensure users are not misinformed about the coronavirus. FB stock was down yesterday but started to grow in the premarket.As the coronavirus spreads on a pace nobody even could imagine (94,192 infected, 3,219 dead), more and more companies are joining forces to help prevent further damage. Among them is one of the widest spread social media in the world – Facebook Inc (NASDAQ: FB).Yesterday FB lost over...

After a two-year crypto ban imposed by the Reserve bank of India, the Supreme Court has decided to allow cryptocurrency trading.The crypto ban has been reversed in India. Sources have reported that the Indian Supreme Court decided to overturn the two-year-old ban. Many within the crypto space have been jubilating concerning the given judgment. The verdict has been seen by many as a gamechanger for cryptocurrencies in India and Asia. The Reserve Bank of India (RBI) had previously banned crypto...