Markets

Minneapolis Federal Reserve President Neel Kashkari wrote Thursday that banks should cancel dividends and sell shares to raise cash. Kashkari said these measures would be necessary to create a cash buffer going into a potentially drawn-out recession. Because should the banks fail to have enough cash on hand, a wave of defaults could trigger a financial crisis. Kashkari wrote: “The most patriotic thing they could do today would be to stop paying dividends and raise equity capital, to ensure...

Per some analysts, bitcoin may be headed into very bearish territory. As it stands, the world’s number one cryptocurrency by market cap is trading for over $7,200 at the time of writing, but some believe the asset is about to take a turn for the worse and could lose as much as 50 percent of its value.Bitcoin Could Find Itself Falling HeavilyBitcoin has already lost thousands off its price in the past two months. In mid-February, BTC was trading for well over $10,300, meaning its current price...

Bitcoin is set to undergo a major halving in the next few weeks, and this has sparked several questions amongst both analysts and everyday traders alike.The Halving Could Do a Lot for BTCOne of the big questions regarding bitcoin’s future after the halving revolves around whether it will be possible to perform a 51 percent attack on the world’s number one cryptocurrency by market cap. While bitcoin is the largest and most powerful digital currency and likely won’t fall victim to such a...

Today marks a solid change for the bitcoin price. At the time of writing, the world’s number one cryptocurrency by market cap has jumped into the $7,200 range – a solid $200 boost from where the currency last stood.Bitcoin Options Trading Is GrowingA lot of analysts are attributing this little surge to the fact that bitcoin options trading appears to have spiked in the last 48 hours. Over the past couple of days, many major exchanges – including Bakkt, OXEx and CME Group in Chicago – have...

The popular cryptocurrency data aggregator, CoinGecko, reviewed the events in the digital asset market in Q1 2020. According to the report shared with CryptoPotato, Bitcoin ultimately ended up losing 11% of its value, but some altcoins and stablecoins managed to record gains and decreased BTC’s dominance.  Bitcoin’s Q1 Data The unexpected outbreak of the COVID-19 pandemic put pressure on most financial markets, including cryptocurrencies. With the violent price fluctuations in Q1 2020, most...

dForce, a Chinese decentralized finance (DeFi) protocol that is backed by Multicoin Capital, has reportedly been exploited. According to a popular DeFi monitoring resource, the total value locked (in USD) in dForce, was reduced from around $25 million to almost nothing in a matter of hours. DeFi Lending Protocol Exploited A well-known DeFi protocol, dForce Network, was reportedly exploited recently. Its lending solution, Lendf.Me, representing an open-source money market protocol, was...

At the time of this writing, Bitcoin is trading at $7,230 with $32.46B volume and a $132.56B market cap after trading below $7,000.00 for most of the past week. Those who have been “long the dip” when it hit the $4,000’s market have already almost doubled their money. The question remains to be seen as to what the weeks that lie ahead predict for the price of Bitcoin and whether or not the bottom is already in. Has Bitcoin Already Bottomed? With the impacts that COVID-19 had initially,...

The bitcoin halving has got everyone on edge, and searches surrounding the term are at an all-time high.What’s Going to Happen with the Bitcoin Halving?Bitcoin has halved in the past, so it’s not like the event scheduled for this coming May is anything special. However, many analysts say that bitcoin’s future may ride on this single halving for several reasons, as it will likely determine whether bitcoin’s price spikes to its all-time high again.A halving means that the number of block...

One of the world’s leading cryptocurrency asset management companies, Grayscale Investments, has registered its strongest quarter to date. Despite the violent price developments in the market, the firm has raised over $500m, and its 12-month product inflow crossed the $1b mark for the first time. Grayscale On The Rise According to the quarterly report published earlier this week, the company saw inflows of  $503.7 million over the past three months. The number is nearly twice as much...

Das Bitcoin Halving rückt immer näher und mit ihm die Hoffnung, der BTC-Kurs könnte deutlich zulegen. Traditionell führt das Halving immer zu einem klaren Kursplus, doch ist dieses auch in der aktuellen Marktlage zu erwarten? Eine Fraktalanalyse sagt: Ja!Bitcoin News: Bitcoin könnte vor dem Halving um 35% steigen9.000 US-Dollar ist die Marke, die eine neue Analyse für den BTC-Preis vor dem Halving ausgegeben hat. Bereits am Montag soll die Rallye losgehen und den BTC wieder in Richtung...