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US Awaits Recession While Bitcoin Becomes the Last Resort

US Awaits Recession While Bitcoin Becomes the Last Resort

The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.

May 7: The Traders' War... New vs Seasoned...

May 7: The Traders' War... New vs Seasoned...

Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.

Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities

Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities

Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.

Cardano Successfully Changes K Parameter to 500, Blocks Assigned to Community Pools Increased by 6%

Cardano Successfully Changes K Parameter to 500, Blocks Assigned to Community Pools Increased by 6%

Cardano has successfully changed its k parameter to 500, from 150 on Dec. 6, as announced by IOHK, the development company behind the Cardano blockchain.

Blockchain Application in Healthcare to Cross $500 Million by 2022

Blockchain Application in Healthcare to Cross $500 Million by 2022

Frost & Sullivan, a world-renowned firm that offers insights on disruptive technologies and economic changes, has revealed an analysis dubbed ‘Global Blockchain Technology Market in the Healthcare Industry, 2018-2022’ that blockchain investment is expected to surpass $500 million by 2022.

Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm

Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm

According to a market research report availed by P&S Intelligence, a business intelligence consulting services firm, the worldwide blockchain devices market was worth $0.3 billion in 2019 but is expected to surpass $23.5 billion by 2030.

TOKEN2049 is Back for 2020, Examining What’s Next for the Crypto Industry

TOKEN2049 is Back for 2020, Examining What’s Next for the Crypto Industry

TOKEN2049, the premier crypto conference in Asia, will be returning to Hong Kong this year on 17-18 March 2020 at Shangri-La’s Kerry Hotel. As the flagship event of Asia Crypto Week, TOKEN2049 will bring together leading projects as well as key decision makers and thought leaders throughout the blockchain space.

Crypto Wallets Holding More Than 1 ETH Break the Record as Ethereum Surges Past $500

Crypto Wallets Holding More Than 1 ETH Break the Record as Ethereum Surges Past $500

New data from Glassnode reveals that crypto wallets holding more than one Ethereum (ETH) have hit a record high of 1,170,598 addresses.

Couple Charged by the SEC for Defrauding 500 Investors in Fraudulent Water-Backed Cryptocurrency Scheme

Couple Charged by the SEC for Defrauding 500 Investors in Fraudulent Water-Backed Cryptocurrency Scheme

The Securities and Exchange Commission (SEC) has persecuted a former Texan pastor and his spouse for allegedly conning hundreds of innocent investors. The SEC said that the Texas couple used alkaline water-backed crypto, TeshuaCoin, to con the investors.

Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand

Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand

Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.

Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked

Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked

With Ethereum 2.0’s first phase (Phase 0) set to launch on December 1, it appears that there is still a lot of Ether (ETH) missing for the upgrade to happen.

JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected

JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected

JPMorgan predicts that equities could rally 47% from here, after its 40% rebound from its lows in March, hinting at a possible Bitcoin bull run. Strategists at JPMorgan recently suggested that Bitcoin successfully passed its “first stress test” during March’s global economic crisis.

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