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...
Read More »Bitcoin Halving Is Just 63 Days Away while BTC Price Down 10% Due to Oil War
During the meeting in Vienna on Friday, Russia, Saudi Arabia and other OPEC participants were talking about the oil price and possible decrease of supply. Bitcoin price is down.Per the plan, the world economy supposes to receive a boost thanks to the collective decrease in oil production. If all the major players would shorten oil extraction, the price would rise. However, not all the countries were happy with the OPEC plan. Russia said they don’t have to make any more moves regarding the...
Read More »Horizon Blockchain Games Raises $5M, Creates Own Blockchain Game
Development studio Horizon Blockchain Games has raised $5 million in new funding as it continues to work on its ‘SkyWeaver’ digital trading card game.Development studio Horizon Blockchain Games shared last week a few “updates” it had. The company said that from January 2018, it had a mission to “pioneer a new dimension of gaming that belongs to its players and creators,” and that it grew to 24 full-time members.The first big news is definitely raising $5 million in a round led by Initialized...
Read More »Ripple’s XRP Price Down Nearly 10% After Bitcoin and Oil Prices Fell
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...
Read More »Blockchain and Crypto Innovations Merge with Financial Services
Today more and more blockchain and crypto-related projects are entering the financial market offering competitive advanced services.Innovations around blockchain and crypto tech have been on the rise since Bitcoin’s first transaction a decade ago. Despite the regulatory hurdles, this industry emerged as a force to reckon with especially after Facebook’s digital currency proposal Libra.More so, a number of blockchain and crypto oriented projects are popping up in relation to the financial...
Read More »Bitcoin Price Declined By 10% Dragging the Whole Crypto Market Down
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...
Read More »#829 Markt Massaker bei Öl, Dow und Aktien & Blutiger Montag – Bitcoin fällt unter $8000
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 829. Heute sprechen wir über folgende Themen: Markt Massaker bei Öl, Dow und Aktien – Bitcoin fällt unter $8000 und folgt den Verlusten der traditionellen Märkten. [embedded content] 1.) Markt Massaker: Öl fällt 30%, Dow -1000https://www.mmnews.de/wirtschaft/140230-markt-massaker-oel-faellt-30-dow-1000 2.)Bloody Monday: Bitcoin Price Loses $8K, Oil -30%, DOW Futures...
Read More »Bitcoin and Coronavirus: People Google BTC Price More Often Than Halving
Ireland, Switzerland and Austria generate most of the coronavirus related requests in Europe. They want to know how coronavirus impacts Bitcoin price. The situation looks like both Bitcoin and coronavirus turn out to be risky, yet very profitable investment bet.Per Google Trends, people across the planet are in the search for ‘coronavirus bitcoin’. They show more concerns over the virus’s influence on local areas.Specifically, Canada, Singapore, Germany, and Australia are beating the charts...
Read More »New Law in South Korea Could Legitimize Digital Currency
South Korea is introducing its citizens to a new law that’s likely to set crypto on a very legitimate path.South Korea Initiates New Crypto LawThe law requires that South Korea obey all international financial regulations and adhere to know your customer (KYC) laws for all its digital trading platforms. This will lessen the chance of money laundering, terrorist financing and other illicit activities.South Korea, at one point, was one of the world’s biggest cryptocurrency hubs. The nation...
Read More »Ripple and Coinone Partnership Expands Quickly in Newly Opened Korean Remittance Market
The partnership between Ripple and Coinone is spreading quite impressively and controlling a large part of the Korean international remittance market.Ripple’s efforts at changing the face of worldwide remittance have brought the company a lot of recognition. Especially as far as cryptocurrency and blockchain technology are concerned, Ripple is easily atop most other companies looking to fuse remittance with crypto. RippleNet now boasts of hundreds of partners and the company keeps spreading...
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