Cryptocurrency Analysis and News Portal
There’s a strong possibility that the long-awaited coronavirus vaccine could take longer to develop. In the absence of a vaccine, testing will be vital to containing the pandemic without harming economies any further. At-home COVID-19 test kits are already available. News of a promising coronavirus vaccine being developed by
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Bitcoin price rose more than 36% since the year’s beginning while the shares of banking giants have experienced huge fallings.Bitcoin seems to be more money-making than some of the world’s biggest bank stocks, even though the harsh fall struck the first cryptocurrency in the middle of March.Ryan Selkis from the
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Bitcoin treaded water in the high $9,000 range Monday as stocks rallied and traders wondered when the cryptocurrency would break the five-digit barrier again.Stocks, meanwhile, got a boost a day after Federal Reserve Chair Jerome Powell talked about continued stimulus efforts for the U.S. economy during a television interview Sunday.At
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Bitcoin looks to have decoupled from traditional markets as investors refocus on the network's imminent mining reward halving. While the top cryptocurrency by market value has gained nearly 5.9% so far this month, gold, a haven asset, has declined by 1%. Meanwhile, as of Wednesday, the S&P 500, Wall Street’s equity
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Bitcoin is up again Friday as losses are seen in U.S. stocks futures.Following a rise of 23% over the last two days, though, the rally looks overstretched and the gains may be short-lived.At press time, the biggest cryptocurrency by market value is trading near $8,860, representing a 2.8 percent gain
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Bitcoin (BTC) tested support at $7,500 on April 24 after a surprise surge saw the cryptocurrency beat out resistance and reliance on stocks.Cryptocurrency market daily overview. Source: Coin360BTC price puts in a $7.5K foundationData from Coin360 and Cointelegraph Markets showed BTC/USD attempting to form new support at $7,500 on Thursday.Since
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Bitcoin briefly dipped below $7,000 as the US oil prices collapsed to their two-decade low.The cryptocurrency’s price declined alongside US equities and Gold markets, again exhibiting a risk-on behavior.The US dollar, on the other hand, jumped on safe-haven demand.Bitcoin briefly fell below its $7,000-support in what appears to be a
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Bitcoin trended higher along with many traditional markets Tuesday before changing direction and falling as U.S. stock trading closed.Over the past 24 hours, bitcoin (BTC) fell more than than 1 percent as of 20:30 UTC (4:30 p.m. EDT). By contrast, ether (ETH) rose by 1.5 percent. Most of the other
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The US stocks benchmark S&P 500 could fall by as much as 40 percent as the Coronavirus pandemic spreads further, according to Scott Minerd of Guggenheim Investments. If the chief investment officer is correct, then crypto tokens like bitcoin could also plunge massively heading further into this year.An Uncanny CorrelationThe global crypto
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The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the dominant cryptocurrency to the $8,000 area. But, a highly accurate hedge fund manager’s stock market warning could rattle the cryptocurrency market in
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