Cryptocurrency Analysis and News Portal
Although there are parallels between some measures taken in the world of cryptocurrencies and the consequences of quantitative easing, it is difficult to directly apply conventional ideas of monetary policy to cryptocurrencies due to their decentralized nature. In contrast to traditional financial systems, the idea of QE does not
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Bitcoin (BTC) spent another day tackling $25,000 on Feb. 20 as analysts continued to warn over market manipulation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin buoyed by "Notorious B.I.D."Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making up losses from around the weekly close to approach the $25,000 mark again
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Bitcoin (BTC) faced a potentially volatile day on Jan. 18, with multiple macro triggers beginning to unsettle the outlook.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBoJ refuses to hikeData from Cointelegraph Markets Pro and TradingView showed BTC/USD holding firm above $21,000 on the day. The pair remained cool amid news from
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Risk assets may see renewed volatility if the minutes further push back against the dovish expectations. "A further rejection of this market pricing should help the dollar," ING analysts said. "Favor DXY pushing up the 107.00 area." The DXY, short for the U.S. Dollar Index, is currently around 106.70. Original Source
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Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price bounces at $29,700Data from Cryptox Markets Pro and TradingView showed BTC/USD plumbing lows of $29,731 on Bitstamp.The first trip under the $30,000
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Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies.The study released by Australia’s Department of Home Affairs, titled ‘Exploring Cryptocurrencies’, cites the rise in crypto adoption as the country undergoes a
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Industry association Japanese Virtual Currency Asset and Exchange Association (JVCEA) has to approve token listings on exchanges. Source
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The Japanese industry body that makes rules for crypto exchanges is considering easing restrictions on listing new tokens, Bloomberg reported on Wednesday.Under the proposed new rules, crypto exchanges will be able to list more than a dozen tokens at once, Bloomberg said, citing people familiar with the matter. The current
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Bitcoin has nearly halved in value since peaking near $69,000 on Nov. 10, predominantly due to fears of faster Fed tightening. The cryptocurrency's fortunes are closely tied with the equity markets, with the 60-day correlation between the two assets now at 65% versus virtually zero in 2017. The sensitivity to
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A blockchain-based app aimed to make travel during the pandemic easier has been launched.The app, called ICC AOKpass, allows users to verify their COVID-19 status instantly. Dorjee Sun, CEO of blockchain firm Perlin, told CIR Magazine that ICC AOKpass "uses a common global standard that can be deployed and used
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