Cryptocurrency Analysis and News Portal
As soon as he learned he was among the thousands of Ledger customers whose personal information had been published online Sunday, JimboChewdip, as he’s known on Twitter, acted fast. Not fast enough, however.JCD, as we’ll call him, spent Monday morning changing his passwords, only to get a notification a new
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Ethereum and the entire crypto market have struggled to gain any serious momentum as of late, with BTC’s
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Shocking economic data shows the U.S. economy has sunk, and real inflation has shot up. The U.S. stock market may be beginning to price in the terrible state of the real economy. Yelp released a damning report on Wednesday, revealing business closures across the U.S. have soared because of the pandemic. Meanwhile,
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The past few days have seen Bitcoin stagnate into a tight range between $9,300 and $9,500. This is part of a wider two-month consolidation that has seen BTC’s price action tighten under the crucial $10,000 resistance.The cryptocurrency market has been so “boring” that as NewsBTC reported previously, volatility is heading
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The Dow Jones soared around 900 points on Wednesday. Sturdy economic data and Fed easing expectations have steadied a nervous stock market. The comeback of Joe Biden isn’t hurting sentiment either. But Ray Dalio has broken his silence on the coronavirus, and he warns of a terrible impact on
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In the last 24-hours, $38 million of Dai were traded for Ethereum on decentralized exchanges and Coinbase. Moreover, a massive spike in Dai trading volume confirmed this pattern, suggesting that investors are bracing for further drops.A whopping ~$38M of $Dai traded for $ETH in the past 24hrs (v slightly above
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U.S. crude futures approached 52-week lows on Tuesday, falling 3.4% to $49.69 a barrel. Brent crude, the international futures benchmark, declined 2.5% to $54.89 a barrel. The International Energy Agency has downgraded its demand forecast for crude due to the coronavirus outbreak. Crude oil resumed its plunge on Tuesday
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Charlie Munger issued a grave warning about the economy earlier this week. The Berkshire Hathaway vice-chair and long time business partner of Warren Buffett says there’s “lots of troubles coming” for the economy. In his 2018 annual letter to shareholders, Warren Buffett called Berkshire “a financial fortress.” Just what is he building
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Senate bill 1025, which aims to completely ban the use of Venezuela’s cryptocurrency Petro, can have disruptive consequences for the sustainability of cryptocurrencies in the U.S. digital markets.Last year, Donald Trump signed an executive decree that prohibited U.S. citizens from owning and trading in Petro, the Venezuelan government cryptocurrency backed
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