Search Results for "historical effects"
Why Bitcoin Crashed by $3000 and Is Currently Undergoing a Sharp Price Correction
After a bullish rally where Bitcoin soared past $18,500, the digital asset underwent a notable price correction, trading dropping below $16,500.
Post-Halving Prediction: Bitcoin Price Hitting $20,000 Only a Matter of Time
With the much-anticipated Bitcoin halving just around the corner, pundits, investors, and traders are keeping a keen eye on this event because mining rewards will be slashed from 12.5 BTC to 6.25 BTC. Crypto trader TheMoonCarl tweeted that the number of non-zero Bitcoin addresses had smashed the 30 million figure. As a result, he believes that the all-time high Price of BTC of $20,000 will be broken.
Paul Tudor Jones Says Bitcoin’s Price Path to Go Up, and “Cash May be Gone” in the Next 20 Years
Billionaire Paul Tudor Jones recently said in an interview that in the next 20 years, most people would be using some type of digital currency.
First Private Bank Joins Turkish Digital Asset Blockchain Network
Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.
Bitcoin Buying Power Remains Strong as BTC Holds Strong Support Despite Slight Retracement
BitMEX’s perpetual contract funding rates has returned to a neutral territory after longs were paying shorts significantly.
Russians are Rushing to Buy Bitcoin as COVID-19 Pandemic Continues
As governments around the world continue to battle ill-effects of the ongoing COVID pandemic, Bitcoin is turning out an investment of choice among developing and emerging economies. Officials from the Russian chapter of Binance, Garantex, and EXMO shared insights with the Russian publication, confirming the growth in users originating from the country. All the bourses have mandatory KYC policies in place, meaning the reported figures are accurate.
Bitcoin’s Price Hit its Second-Highest Ever Monthly Close on its 12th Birthday
Bitcoin (BTC) price recently reached $14,000 for the first time since January 2018. What could this new record monthly high in 2020 mean for BTC?
Chainlink Flippens Bitcoin Cash by Market Cap, DeFi Push May Take LINK Price Even Higher
Despite a slight correction seen in the last few days, Chainlink (LINK) has continued to rally higher, reaching another new all-time-high, almost reaching $17.
Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money
Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.
Binance US Joins Exchanges to Delist XRP Token as Price Downfall Dubbed "Third Largest Collapse of All Time"
Binance US has joined the growing list of cryptocurrency exchanges to announce that they will be delisting XRP.
Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars
According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.
CoinMarketCap CSO, on DeFi for Fostering a More Open Economy
Following part one of our interview with Carylyne Chan, the Chief Strategy Officer at CoinMarketCap, she elaborated on seizing market opportunities in decentralized finance (DeFi) with a new product, Interest by CoinMarketCap. She also outlined the potential effects of staking regarding CMC’s operations and plans for 2020.