Tag Archives: btcusd

A blockchain project executive was recently diagnosed with the coronavirus. He recently attended two major blockchain conferences and encouraged people who had close contact with him to get tested, as well.Diagnosed With COVID-19 After Attending Ethereum ConferencesZhen Yu Yong (Zen) is the Co-founder of TorusLabs – a decentralized login service company. Earlier today, he noted that after falling ill, he was later diagnosed with COVID-2019 (coronavirus.)Yong recently attended two major...

The Australian Taxation Office (ATO) is currently working on contacting hundreds of thousands of cryptocurrency investors in the country, reminding them about their tax obligations for trading digital currencies like Bitcoin over the last few years, Australia’s leading media reported Wednesday. Cryptocurrencies Are Digital PropertiesAccording to news.com.au, the tax regulator is in the process of contacting as many as 350,000 crypto traders over the next two months, either via email or post...

The drastic plunge has raised questions about Bitcoin (and other cryptos) viability as a stable asset and correlation to traditional markets. Changelly CEO Eric Benz has shared his views on this issue.In a month that is usually remembered for the dramatics it delivers on the basketball court, thanks to the coronavirus and what seems to be a developing oil war, March madness has emerged in markets across the world. The U.S. and UK stock markets posted their worst losses for a single day since...

Over the past two days, we saw Bitcoin continued its correlation with Wall Street. After reaching a 2-month low at $7600, and finding support upon the historic trend-line, Bitcoin recovered to $8150, however, just like the Wall Street futures, BTC price lost momentum and now trading roughly around $7800 – $7900.In the bigger picture, Bitcoin touched the historic ascending trend-line two days ago, as can be seen on the following weekly chart. This historic trend line was started forming in...

As the markets have started to recover after the recent fall, Bitcoin price has finally managed to go beyond the level of $8,000 today.The VIX volatility index, the stock market’s main risk indicator, skyrocketed to 55 on March 9. Created by the Chicago Board Options Exchange (CBOE), the Volatility Index, or VIX, is a real-time market index that represents the market’s expectation of 30-day forward-looking volatility. But not only the traditional markets have reacted to the global situation,...

Oil market prices plunged when OPEC and its allies failed to reach an agreement on production cuts. All the markets, including stocks, currencies and cryptos are falling.European equity indices were red across the board at the open on Monday as the coronavirus outbreak coupled with crashing oil prices rattled the global market. The pan-European Stoxx 600 fell 6.2%. All stocks on Italy’s FTSE MIB except pharma company Recordati failed to open at the start of the day’s trade. Italian blue-chip...

Despite the many investments and acquisitions taking place in the Ethereum space, the ETH token followed Bitcoin’s lead into losing more than 10% of its value between March 7 and March 8.Over the weekend, the crypto markets suffered colossal losses that left many of the top tokens losing over 10% of their value. Bitcoin led this massive meltdown with nearly $30 billion erased from the crypto markets. On its part, Bitcoin lost almost 18% over the past two days resulting in a dismal performance...

Ripple’s XRP market price dipped down nearly 10% over the weekend after Bitcoin and Oil prices nose-dived as a result of the global coronavirus outbreak.Ripple’s XRP market price dipped down nearly 10% over the weekend after Bitcoin and Oil prices led in the fall. XRP ranked third based on market capitalization, fell sharply on Sunday 8th to trade around $0.21 per coin. Bitcoin fell sharply to trade below $8,000 price level after hitting $9,190 on Saturday evening.The crypto market was not...

Bitcoin and other cryptos’ prices dropped soon after a plunge in oil prices. Besides, Bitcoin lost its positions as a result of a crypto scam committed by PlusToken.Today, the beginning of the trading session has become the worst this year. After a massive sell-off on Sunday, markets have not managed to recover. As a result, cryptocurrencies have suffered significant drops. Bitcoin price declined by 9.32% in 24 hours, Ethereum lost 10.48%, Litecoin dropped by 14.41%, XRP is 9.95% down. This...

Max Keiser has said that Jamie Dimon, the CEO of JPMorgan, will come to beg the Federal Reserve for cash. Coronavirus attack is hitting the markets again, every day fear rises. But Keiser believes that Bitcoin price can reach $100,000 already in 2020.Max Keiser is a well-known cryptocurrency fan, promoting the digital world via his Keiser Report RT show. He has made two bold claims regarding the price of Bitcoin during the last show. According to him, the more people are panicking, the more...