Cryptocurrency Analysis and News Portal
As central banks around the world are cutting interest rates to zero and taking aggressive action against the economic recession due to the coronavirus pandemic, China’s central bank is accelerating its central bank digital currency (CBDC) plan.According to a Global Times report on March 24, China is one step
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If you’ve been in Bitcoin (BTC) long enough most likely its Genesis Block has been mentioned quite a few times. If not, the image below should be self explanatory.Bitcoin Genesis Block RAW data. Source: UnBIt doesn’t really matter if people consider Bitcoin as a store of value competing with
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What has been driving recent Bitcoin price action? Or perhaps more importantly, who? And why does it matter? Lead Digital Strategist at Fundstrat David Grider and Platinum Account Manager at eToro Simon Peters break down Bitcoin’s next move, how the coronavirus and financial crisis may impact the halving, and how
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Philip Salter, head of operations at Genesis Mining, believes that economic meltdown may lead to a growing value for Bitcoin as a hedge against the banks.In the last couple of weeks, there has been a lot of turmoil in the Bitcoin world. There was a rapid decline in hashrate,
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on CryptoX in one link.Top Stories This WeekBitcoin price drops to $3,637, rebounds
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Amid the COVID-19 pandemic that has engulfed the whole world by storm, the Italian Red Cross – Young Platform, and the Colli Albani Committee – on March 15, 2020, announced that they are now accepting donations in Bitcoin (BTC) with the help of Helperbit. Italian Red Cross Embraces Bitcoin In a bid
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With the arrival of the coronavirus potentially triggering a global economic meltdown, many are wondering how crypto’s most prominent asset will weather this financial storm.The stock-to-flow model — which values Bitcoin based on its scarcity — shows the cryptocurrency is still on track to hit $100K in 2021. According
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The Steem blockchain reportedly experienced a troubling episode recently, whereby the blockchain’s entire governance system was disturbed. Tron founder Justin Sun, new owner of the Steemit social network based on the Steem token, appears to have successfully executed a takeover of Steem by leveraging not only tokens directly controlled,
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Coronavirus is creating an untenable situation for scores of people but there are some silver linings. Pollution in China is on the decline with coronavirus causing business disruptions. Millions of people are also being quarantined. Stocks may be recovering today, but bargains still abound. The coronavirus outbreak is causing
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Hong Kong is removing tax on businesses and giving away cash in 2020. Coronavirus crashed the tourism industry and has placed the housing market vulnerable to a correction. Hong Kong’s economy could struggle to recover over the next five years. Desperate times call for desperate measures, and the government
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