Bitcoin Just Surged to $6,500 After Over 10% Weekend Crash
In the past 20 minutes, Bitcoin has traded above $6,500, marking a rapid 12% gain from the $5,800 bottom seen on Sunday evening (UTC). Due to this move, the BitMEX… Read more »
Category: Cryptocurrencies
Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian… Read more »
Bitcoin Poised for Continued Downside as Bulls Struggle to Surmount Critical Level
Bitcoin’s decline to lows of $5,800 overnight was met with significant buying pressure that subsequently allowed the cryptocurrency to climb higher, with BTC bulls now attempting to reclaim the crypto’s… Read more »
Price Analysis Mar 30: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
Most cryptocurrencies have bounced off their immediate support levels, a positive as this shows demand at lower levels. BitMEX Research recently pointed out that the correlation between the S&P 500… Read more »
Bitcoin Diverges From Falling Equities With $500 Price Rise – CoinDesk
Bitcoin (BTC) is looking buoyant Monday despite renewed risk aversion in traditional markets. The top cryptocurrency by market value picked up bids near $5,850 during the Asian trading hours and… Read more »
Biscuit Labs' Blockchain-Based Game Knight Story To Launch On TRON's Network
One of the most popular blockchain-based games, Knight Story, will launch on the TRON network as of today, March 30th. The dApp developer behind the game, Biscuit Labs, confirmed the… Read more »
USD Stablecoins Are Booming But Have Business Headache – CoinDesk
CoinDesk columnist Hasu is a pseudonymous crypto researcher publishing analysis for Deribit Insights and his personal blog. “There are decades where nothing happens, and there are weeks when decades happen.”… Read more »
Bitcoin Price Pumps $600 to CME Gap, But $6.6K May Be End for Bulls
The price of Bitcoin (BTC) retraced to $5,800 during the weekend, which left the markets with an open CME gap between $5,900 and $6,620. Aside from that, buyers have stepped… Read more »
How Bitcoin was Able to Beat Gold's Recovery as Coronavirus Crisis Mounts
Prominent economist Peter Schiff lately compared the performances of Bitcoin and Gold amidst the deepening financial crisis, noting traders who bought the cryptocurrency at its year-to-date high are sitting at… Read more »
IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed
The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80… Read more »