Search Results for "recovery"
Bitcoin Price Reaches $10,800—Following Bullish Momentum Along with Safe Haven Asset Gold
After a few days of steep correction, the crypto market is on a journey of recovery, as Bitcoin’s price recently surged from $10,300 to $10,800 within an hour.
Jul 30 Trading Analysis: The Running of the BTC Bulls
- BTC trading resiliently around the $11k mark with open interest across global exchanges hitting $5 billion, a level not seen since February this year. - Overnight, no surprises from the U.S. Fed who left interest rates near zero and vowed to use all its tools to support the recovery from an economic downturn that Chair Powell called the most severe “in our lifetime.” - Trade strategy: Think we have got some momentum going as rotation from DeFi and precious metals investors as well as even day traders from the U.S. (think Robhinhood).
Bitcoin Price Rises But Altcoins Struggle to get Liberated from the Bears
Bitcoin is seeing recoveries following a revelation of a $170 million purchase from Square Inc with some altcoins following while others struggle/
EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto
The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.
Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin
Billionaire Stanley Druckenmiller said during a webcast held by The Economic Club of New York that the risk-reward calculation for equities is the worst he has ever seen in his career. The billionaire expressed his doubts about the US equities’ possibility of logging a V-shaped recovery. He added that government stimulus programs will not be enough for the economic recovery post-pandemic. Druckenmiller believes that cash liquidity required to pump assets that are considered risky will shrink shortly as the US Treasury will soon end the private economy which could overwhelm the Fed purchases through borrowing consistently.
ConsenSys Proposes Tokenization to Leverage Impure Public Goods
People generally understand that human-made public goods—highways, airports, libraries—will incur some economic costs which must be recovered through some sort of fee, toll or charge. It is apparent, however, that the general public gives little thought to the actual policy decisions made in cost recovery schemes or the impact of cost recovery methodologies on the efficient allocation and utilization of these resources for the assets. ConsenSys proposes a tokenized model to better sustain and enhances public resources.
XRP Price Analysis: Is XRP Back on Track To Its Glory Days?
This article profiles XRP's current price performance and its recovery from the past weeks of excessive losses
What Pfizer's COVID-19 Vaccine Means for the Bitcoin Price Outlook
Bitcoin saw a negative correlation with the traditional stock market, as hopes of the old normal economy were to be revived again.
Chainlink (LINK) Price on Recovery, Litecoin (LTC) Trading 131% Above Expected Level Could Mean Bullish Bitcoin
Chainlink’s (LINK) price has managed to see a slight rise, bouncing back from under $10 to temporarily over $13.
Ledger Hacker Dumps Hardware Wallet Users’ Personal Info on Public Server
Ledger, the leading cold wallet manufacturing company, appears to be reaping the consequences of an earlier hack that compromised its clientele base.
Are Ethereum Nodes Ready for a New Hard Fork on New Year’s Day?
The Ethereum network is expected to undergo a scheduled upgrade, named Muir Glacier at block number 9,200,000, predicted to occur on New Year’s Day 2020.
Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery
In an investor letter, Dan Morehead Pantera Capital CEO explained why the current market environment could be a boom for Bitcoin as investors seek new opportunities.