Cryptocurrency Analysis and News Portal
MicroStrategy is prepared to HODL its bitcoin for at least a century. Or so said the business intelligence firm’s founder and CEO, Michael Saylor, in an interview with CryptoX on Tuesday, shortly after he announced on Twitter that MicroStrategy was doubling down on the godfather cryptocurrency with the purchase of $175
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The U.S. stock market has been rallying over the past week in anticipation of Fed chair Jerome Powell’s speech. Despite fundamental bearishness in the markets, investors are not betting against the Fed, rising liquidity, and low-interest rates. The positive stance from the Fed coincides with declining daily virus cases in the U.S. The
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While bitcoin has gained 3% so far this week, the overall trading environment remains dull with volatility hovering at multi-year lows. Ten-day realized volatility, a historical metric, is now at just 20%, the lowest level for two years. That’s “a low that’s only preceded in Sep & Oct 2018,” the Singapore-based
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An early investment into Numeraire (NMR) crypto returned 170 percent gains to two venture funds.Crypto-focused investment firms Placeholder and Paradigm led an $11 million round in the Numerai blockchain’s native asset on March 21, 2019, when it was trading at around $5.The per token rate of NMR has since surged
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A survey of 350 Chinese companies revealed that Blockchan’s pre-COVID-19 corporate bullishness remains alive in the region.According to Xinhua, the study, called “Blockchain in the Post-epidemic Age,” showed that 70% of the companies surveyed before the coronavirus outbreak remain optimistic about the potential of Blockchain technology. Up to 20% believe
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PlayStation 5 has tons of gorgeous games coming. But there’s no sign of virtual reality. Could Sony be giving up on this potential game-changer? We’ve finally seen the PlayStation 5 and its impressive variety of games. Today’s presentation was certainly a crowd-pleaser, even if it failed to address a few prevalent rumors. However, there’s
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Millennials are using their age to their advantage with bullish bets on the stock market. Wall Street’s billionaires are more cautious about the strength of the FOMO rally. Much of what happens next depends on whether the stimulus funds keep flowing. The stock market’s epic rally over the past two months has created
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Retail investors aggressively bought airline stocks in May. Data from Germany and Indonesia show the world’s largest airline firms are recording billions of dollars in losses. As airlines face the risk of a permanent loss of clients, the appeal of airline stocks is questionable. Millennials have been scooping up airline stocks that Warren
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It’s been an explosive past few days for Ethereum.In the past 24 hours alone, the second-largest cryptocurrency is up 10%. As reported by NewsBTC previously, the asset is currently pushing $244, the highest price since early March.This surge is important as it comes at a critical time for cryptocurrency bulls.
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Sony will host its long-awaited PS5 showcase next Thursday, June 4. A sizable selection of first-party and third-party titles are reportedly on the bill. Horizon Zero Dawn 2 is likely to feature in Sony’s hour-long event. With a firm date penciled in the diary for Sony’s long-awaited PS5 event,
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