Tag Archives: Opinion

Is there a correlation between bitcoins price action and the coronavirus spread?  Virus-infected yuan placed in quarantine—Bitcoin fixes this.  Bitcoin mining takes a dive following China’s coronavirus clampdown. As coronavirus continues to spread mass panic around the globe, its impact on bitcoin is becoming more evident. Here are three critical repercussions for BTC amid the outbreak. As the Coronavirus Spreads, Bitcoin Continues to Break Out Bitcoin is proving its...

Crypto enthusiasts are still divided on whether the halving is already priced in. Google Trends data reveal that the search term “bitcoin halving” is gaining traction. Analysts believe that bitcoin will soar after the halving generates media hype. The highly-anticipated bitcoin halving is months away and many traders are still undecided whether the event is priced in or not. To provide some context, the top cryptocurrency is up by over 50% from the 2019 bottom. In the...

So much for having a crypto-loving president. Andrew Yang, who over the last year has garnered a reputation as being the “crypto presidential candidate,” has dropped out of the 2020 race.Andrew Yang Ends His Bid for PresidentAndrew Yang has long pushed himself as the man who would potentially revamp all crypto regulations when he got into the White House. One of his big claims to fame was that he was going to make all present laws and rules regarding cryptocurrency readable and...

The growing U.S. workforce and retirement of the boomers will force the Fed to double its balance sheet. The expansion of the Fed’s balance sheet will lead to low or even negative yields. These conditions will drive investors to seek assets that are scarce and bitcoin is the number one candidate. By now, it’s no longer a secret that the Federal Reserve is responsible for pushing the stock market into all-time highs. The Fed continues to pump billions into the...

Bitcoin cash (BCH) is undergoing a period of hardcore controversy.Bitcoin Cash Is At the Center of Major ChangeBitcoin cash is the famed result of a bitcoin hard fork that occurred in late 2017. Bitcoin (BTC) is the number one cryptocurrency by market cap and has given birth to a few digital kids along the way. BCH is among the first, and the currency has moved through the ranks to garner the number four spot on the list of industry’s top-performing cryptocurrencies.During its peak, the asset...

As we’ve been witnessing since the beginning of January, bitcoin has been on a very serious roll. It’s shot up nearly $3,000 at the time of writing, beginning the month at a measly $6,900 and then firing up to approximately $9,300.Bitcoin May Not Be Out of the Dark Just YetWhy then, are there certain individuals afoot who still don’t think the currency is in great shape? While they acknowledge that bitcoin is doing well and potentially picking itself up out of the doldrums it experienced at...

Research firm Glassnodes came up with a new metric to gauge bitcoin adoption. The growth of this new metric appears to coincide with recent bitcoin rallies. It appears that conditions are right for this metric to breakout and possibly foreshadow the next bull run. Bitcoin bulls have a lot of reasons to be excited. On Wednesday, the top cryptocurrency posted a fresh 2020 high of $9,443.96. It’s also up over 30% year-to-date and it continues to show signs of strength....

Altcoin King John McAfee derides BTC as the real sh*tcoin of the cryptocurrency world. McAfee compares BTC to hotmail – a once ubiquitous service that eventually faded away. The self-declared U.S. presidential candidate says the future of the cryptocurrency space lies with altcoins. Bitcoin (BTC) is the hotmail of the cryptocurrency world. That’s according to altcoin king, and self-declared U.S. presidential candidate, John McAfee. Bitcoin Is Sh*tcoin, Not Altcoins...

An Ikigai analyst started a tweetstorm that details the birth of the petrodollar. The analyst also covered the fiscal irresponsibility of the federal government. He said that once inflation kicks in, people can rely on bitcoin to save them from hyperinflation. Earlier this month, the Bank of England announced that the central banks of the United Kingdom, Canada, European Union, Japan, Sweden and Switzerland are in collaboration with the Bank of International...

The CEO of altcoin project uPlexa revealed to CCN.com the obstacles posed by a greedy and corrupt cryptocurrency space. Centralized exchanges have become the banks of the cryptocurrency world. If you’re not partnered with the top 1%, it’s going to be a very long journey for your altcoin. Your favorite altcoin’s path to becoming the “next Bitcoin” is a lot more treacherous than you think. The CEO of uPlexa (UPX) told CCN.com about the financial and ethical minefield...