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Is Bitcoin Digital Gold? The Federal Reserve Tears Narrative With New Report.

If you’ve been following Bitcoin for any period of time, you likely know of the narrative that the cryptocurrency is some form of “digital gold.” The idea goes that because the asset has similar fundamental characteristics to the precious metal — both are decentralized money, scarce and hard to create, not controlled by a central authority, globally-accepted, and fungible — Bitcoin will become a gold-like asset with time, both in size and price action. According […] origin »

Zcash Signals Local Top, Will Bitcoin Follow?.

On-chain and technical metrics suggest that Zcash, a privacy-centric cryptocurrency, reached a local top, which could have severe implications for the rest of the crypto market. ZEC’s Social Volume Skyrockets...The post Zcash Signals Local Top, Will Bitcoin Follow? appeared first on Crypto Briefing. origin »

Chainlink Demand May Surge with Potential MakerDAO Integration.

MakerDAO is getting recommendations to incorporate Chainlink as collateral, which could prove advantageous for LINK’s price. Improving DAI’s Liquidity With Chainlink Over the past month, DAI has been trading between...The post Chainlink Demand May Surge with Potential MakerDAO Integration appeared first on Crypto Briefing. origin »

Here's the price impact of regulatory news on bitcoin.

Cryptocurrencies, unlike the conventional currencies issued by a monetary authority, are not controlled or regulated by any single jurisdiction. However, national regulations do have a substantial impThe post Here's the price impact of regulatory news on bitcoin appeared first on AMBCrypto. origin »

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BeInCrypto is Launching a New Cryptocurrency Exchange Collaboration Campaign.

BeInCrypto is launching a new campaign featuring some of the most influential leaders in the cryptocurrency space. Our goal is to help our millions of monthly readers get a fresh perspective on the challenges and opportunities awaiting the industry in these trying times as the global economy, battered by the COVID-19 pandemic, struggles against its […] The post BeInCrypto is Launching a New Cryptocurrency Exchange Collaboration Campaign appeared first on BeInCrypto. origin »

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What Does Bitcoin’s Bullish Weekly Close Indicate for the Future?.

During the week of April 13-20, the Bitcoin (BTC) price reached a weekly close of $7120. This was the highest weekly close since the rapid decrease on March 12. Weekly Outlook In the weekly time-frame, the Bitcoin price has finally reached a close above the $6900 area — something it had been unsuccessfully trying to […] The post What Does Bitcoin’s Bullish Weekly Close Indicate for the Future? appeared first on BeInCrypto. origin »

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