Markets

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 835. Heute sprechen wir über folgende Themen: BTC Netzwerk in Gefahr oder  Zusammenbruch von Bitcoin nur ein Shake-Out & Coinbase Legal Officer wechselt zu Department of the Treasury. 1.) Bitcoin Hashrate fällt um mehr als 25% – Ist das BTC Netzwerk in Gefahr?https://cryptomonday.de/bitcoin-hashrate-faellt-um-mehr-als-25-ist-das-btc-netzwerk-in-gefahr/ 2.) Der Zusammenbruch von Bitcoin könnte nur ein...

Ethereum price extended its decline below the $150 and $120 support levels against the US Dollar.ETH price traded as low as $89 and it is currently correcting higher.There is a key declining channel forming with resistance near $125 on the 4-hours chart (data feed from Coinbase).The price could correct higher, but it is likely to face a lot of hurdles near $145 and $150.Ethereum price is back in a strong downtrend below $150 against the US Dollar. ETH/USD remains at a risk of more losses...

Brad Garlinghouse and Ripple have some very big plans for the coming months.Ripple Has Made Big ChangesIn February, Garlinghouse explained that he wants his company to be the “Amazon” of the cryptocurrency industry, meaning he wants it to be bigger than big. Bigger than bitcoin, bigger than any other cryptocurrency known to man. Ripple must be number one, and he won’t stop until this goal is accomplished.At first glance, it looks like these might just be words. Amazon, after all, has a market...

Popular U.S. economist and proponent of gold, Peter Schiff, recently explained why the precious metal is plunging in the past few weeks. He believes that investors are to blame due to their lack of awareness of what is to come. Once they realize it, though, gold will surge once again.Schiff Blames Investors For Gold’s Price PerformanceThe COVID-19 (coronavirus) started an adverse snowball effect on most financial markets. Riskier assets such as equities and cryptocurrencies have been...

A new cryptocurrency payment platform has opened its doors for business in the Cayman Islands. Known as Coin Lock, the company describes itself as the world’s “first cryptocurrency trading and payments platform designed to increase every coin.”Coin Lock Is Looking to Make Big ChangesRikky Hasan – the CEO of the business – explained in a statement:Through exhaustive market analysis, Coin Lock identified and alleviates three primary pain points for cryptocurrency consumers: lack of utility,...

Bakkt closed a $300 million Series B fundraising round. The round was led by Microsoft’s M12, Pantera Capital. PayU and other prominent companies.Bakkt, the cryptocurrency derivatives exchange, has undergone series B funding. This was to the tune of $300 million. Sources say that the exchange involved many partners. Intercontinental Exchanges (ICE), which is Bakkt’s parent company, Microsoft‘s M12, Pantera Capital, PayU, CMT Digital, Boston Consulting Group, and Goldfinch Partners were among...

The stocks of JPMorgan and Citi are falling, showing a decrease of 17.71% and 19.27% (at opening) accordingly. The situation gave birth to fears regarding banks and coronavirus.Citigroup Inc (NYSE: C) lost 18%, sliding to $41,98 per share. Wells Fargo & Co (NYSE: WFC) lost 14%, drowning to $26,56 per the stock. As per the Bank of America Corp (NYSE: BAC), they have lost 15%, driving the stock price to $20,44. It seems like the banks are not prepared for the coronavirus attack. More than...

The world economy is in a state of emergency. Stocks are plunging continuously as investors are timid of the spreading novel coronavirus. While China appears to have managed to handle the situation and reports close to zero cases on a daily basis, countries from the European Union and the US see exponential increases.In yet another attempt to provide a helping hand to the markets, the US announced a second rate cut, bringing down interests to a near-zero. Additionally, the Fed will be buying...

American Airlines stock has crashed after the company announced a 75% reduction in capacity because of the coronavirus. Analysts warn things could get worse.Many airlines all over the world are currently in panic mode because of the coronavirus. A lot of them, including travel companies in general, seem to be finding it very difficult to make ends meet simply because the volume has seriously plunged. Some airlines are grounding a significant percentage of their fleet, while others are looking...

Following the coronavirus health crisis, the global stock markets collapsing one after another. Despite the Fed’s emergency steps, the markets continue to tumble.The EU markets are recording over 10% declines, while Wall Street is reaching the low level of December 2018. 13-Month ROI had demolished in 30 days.Bitcoin is not left behind. After the Fed’s decision yesterday, Bitcoin responded with a quick surge of 14%. However, the party didn’t last long – Just an hour after, when Wall Street...