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Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode

Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to a value of 60 points. дальше »

2020-5-27 04:33


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Economic Impacts of Federal Reserve Stimulus Packages Called out on Crypto Twitter

The implications of the $3 trillion stimulus package that passed the House of Representatives on Friday were critiqued heavily on Crypto Twitter this weekend. One of the most popular cryptocurrency analysts on TradingView and Twitter, @MagicPoopCannon, noted that such stimulus measures reduce purchasing power. дальше »

2020-5-17 11:26


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COVID-19 Pandemic Could Speed Up Central Bank Crypto Adoption

The COVID-19 pandemic will bring the end of cash and speed up the adoption of digital banking services, including central bank crypto, according to Edwin Bautista, CEO of UnionBank. Going Digital Is the Right Approach Amid Pandemic In an interview with Euromoney, the head of UnionBank, the Philippines’ ninth-largest bank, said that this might be the beginning of the end of hard cash, at least for the Philippines, a country whose lockdown measures are challenging […] дальше »

2020-4-5 15:00


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Bitcoin Should Be Viewed as Insurance, Not an Investment: Trader

Some analysts are now viewing Bitcoin and precious metals as insurance policies rather than investments. Bitcoin has reclaimed the $6. 5k level and posted a four-day high following an announcement by the US Federal Reserve that it would be taking unprecedented measures to bail out banks and businesses while shoring up more credit. дальше »

2020-3-26 22:16


The White House’s $6 trillion stimulus package is astronomically bullish for Bitcoin; here’s why

The entire world, including the Bitcoin industry, has been ravaged by the coronavirus outbreak over the past few weeks; indeed, to mitigate the spread of COVID-19, authorities have been forced to enact emergency measures, thereby shutting down thousands of businesses and resulting in millions laid off around the world. дальше »

2020-3-25 02:02