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A comparison of SHIB to its predecessor, DOGE, is even more stunning: SHIB’s merely 23% down from its peak in May, according to CoinGecko. DOGE, perhaps the most well-known and popular of the dog coins, is down by more than 68% from its top in May. Source
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Since March 2020, the Fed has been buying assets worth $120 billion a month via a monetary-stimulus program known as quantitative easing, or QE. The program, launched to contain the economic fallout from the coronavirus pandemic, triggered unprecedented asset price inflation. Bitcoin, for one, charted a 10-fold rally to $64,801
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LVMH saw its business cramble last year amidst the COVID-19 pandemic as many governments across the world forced retail shops and businesses to close down.LVMH Moët Hennessy Louis Vuitton (EPA: MC) shares saw a 1.3% rise in the early trading session on January 27, after its fashion business brand Louis
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Grin, a privacy-focused cryptocurrency built on the Mimblewimble protocol, has just suffered a 51% attack on its blockchain.According to a Nov. 7 tweet from crypto mining group 2Miners, an unknown group accumulated 57.4% of the total hash power of the Grin (GRIN) network on Saturday evening. 2Miners only had control
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JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.”In a new report entitled “Cryptocurrency takes its first stress test: Digital
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Ethereum is trading nicely above the $192 and $200 support levels against the US Dollar. ETH price could start a strong rally if it clears the $210 and $215 resistance levels.ETH price is showing positive signs above $200 pivot level against the US Dollar.A strong support base is forming above
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What if the world was hit with another major disaster, but this time, it included global electrical failure? Would Bitcoin (BTC) survive, would it thrive, what about the banks? — We have the answers.Bitcoin consumes massive amounts of electricity and with the constant growth of the network, this number will
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