Crypto news

Bitcoin went through a serious decline over the past weeks amid the spreading coronavirus and the financial turmoil that it’s causing. As such, the decreasing prices have pushed miners to switch off some of their equipment to reduce costs.However, it’s situations like these that showcase the networks ingenuine design and its ability to self-sustain. One of the biggest Bitcoin mining difficulty adjustments is scheduled for March 25th and it should offset the decreasing profitability.10%...

As the search for COVID-19 vaccines intensifies, there are at least 20 coronavirus vaccines in the pipeline. However, Gilead Sciences (GILD) and Moderna (MRNA), the stocks of the leaders in the race, tumbled as the week came to the end.Coronavirus alias COVID-19 is the virus that has taken the humankind hostage for the past two months. It has led to most biotech companies to push beyond their limits in the search for a vaccine. As a result, the World Health Organization (WHO) officials...

XRP witnessed a small increase of 2.5% over the past 24 hours as it trades marginally below $0.16.The cryptocurrency fell from a high of $0.19 recently but managed to stay above $0.157 over the past two days.Against Bitcoin, XRP continues to struggle as the buyers try to keep it above 2525 SAT support.Key Support & Resistance LevelsXRP/USD:Support: $0.15, $0.14, $0.136.Resistance: $0.161, $0.171, $0.182.XRP/BTC:Support: 2525 SAT, 2500 SAT, 2455 SAT.Resistance: 2600 SAT, 2710 SAT, 2750...

Place/Date: - March 22nd, 2020 at 7:58 am UTC · 5 min read Source: IPSE [embedded content]In the last interview, Brock Pierce, Chairman of the Bitcoin Foundation and IPSE Strategic Advisor, fully expressed his high recognition of the investment value of IPSE and its token POST. Against the background of the downward trend of global economy, IPSE is still growing against the trend and is performs very well. In addition, Brock also stated that IPSE is one of the most important driving forces...

Fundstrat Global Advisors, LLC – the same company responsible for giving the world Tom Lee and his sometimes outlandish and boisterous bitcoin price predictions – says that it’s likely going to take months for the world’s number one digital asset to recover from its recent falls.Fundstrat Is Predicting Gloom and Doom for BTCWhile the asset is once again above the $6,000 mark – a solid hike from last week’s dismal $4,900 – Fundstrat says that bitcoin is trading for about 40 percent less than...

It looks like bitcoin’s status as a “safe haven” asset is no longer being questioned. After weeks of people wondering whether bitcoin could sustain a person’s wealth during times of economic strife, the token is finally starting to earn a little bit of respect and attention.More Bitcoin Buying Opportunities Are EmergingMany banks and financial institutions abroad claim to be offering new methods of purchasing bitcoin and assorted cryptocurrencies to be added to users’ portfolios, and buying...

The novel coronavirus took the world by a storm like lightning from a clear sky. In a little more than a few months, over 200,000 people from across the globe got infected, while the death count continues to rise.This urged governments to take immediate action, and it feels as if the whole world is under quarantine. Naturally, the fear of the unknown and how far it could go caused a lot of turmoil in the financial and stock markets.Companies are feeling the impact of the virus as major...

JPMorgan’s chief U.S. equity strategist thinks that the S&P 500 could return to record highs by early next year if the U.S. policy of efficiently containing the coronavirus outbreak works and the government rapidly moves forward with fiscal stimulus.Last week was pretty damaging for the U.S. markets even though they had a day of positivity. However, they ended the week in the red. Just for reminder, U.S. stocks finished the session on Friday following predictions from Goldman Sachs on...

Bitcoin is currently trading in the mid-$6,000 range. While it had expanded all the way to $6,800 during today’s early morning hours, it appears to have settled down a bit and taken a comfortable seat at around $6,400 during the time of writing.Bitcoin Has Seemingly Recovered SomewhatBitcoin is not alone in its present ascension. The currency is joined by the likes of Ethereum, Ripple and bitcoin cash, all of which have spiked by as much as 22 percent in the last 48 hours. The crypto downfall...

Während der Bitcoin Kurs durch die Corona-Krise massiv gesunken ist, konnte das Interesse am BTC sogar zunehmen. Entgegen der Kursbewegung gibt es viele Gründe, die für Bitcoin sprechen.Bitcoin News: Interesse an Bitcoin deutlich gestiegenÜber Baidu sind die Suchanfragen für Bitcoin auf 183% innerhalb der letzten 30 Tage gestiegen. Und auch Google Trends sah einen Anstieg der BTC-Anfragen. Gleichzeitig ist das Interesse an Altcoins nicht signifikant nach oben gegangen.Die Hauptgründe sind...