Cryptocurrency Analysis and News Portal
There is no doubt Bitcoin has been adversely affected by the outbreak of COVID-19.Crypto assets, like many other mainstream asset classes, experienced a large downturn in the middle of March. It was a move in global markets based on fears that the coronavirus lockdowns could cause a widespread economic contraction,
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China is ramping up its efforts to censor international coverage of the coronavirus. President Xi has stated a need to “strengthen the guidance of public opinion.” The reasoning behind this is clear: Beijing needs to stifle a possible powder keg of unrest in Hubei province. In a predictable move, the Chinese government has
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Higher prices since the start of the year have been restoring popular interest in cryptocurrencies. Google searches for “bitcoin” have increased since
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Increasing global uncertainties and a weak dollar will likely push more investors into bitcoin as it becomes recognized as a store of value. The cryptocurrency's fixed supply will further drive price increases throughout the year, Bloomberg analysts predict. Bloomberg's 2020 crypto outlook report, published Monday, predicts bitcoin's price could move
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Nearly 7% of Bitcoin’s (BTC) total circulating supply resides in the wallets of eight major digital asset exchanges, according to The Token Analyst.On October 8, the Token Analyst noted via Twitter that throughout Bitcoin’s history, the amount of the most widely-used crypto assets stored on exchange wallets has been increasing
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Coinbase Pro – the cryptocurrency exchange’s platform for professional and institutional traders – is set to increase its fees from early next week. On Oct. 7 at 22:00 UTC, Coinbase will usher in higher rates for new tiers of
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