Wednesday, November 25, 2020
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Bitcoin Exchanges Witnessing Huge Growth Amidst Pandemic and Global Turmoil, Data Suggests

[sociallocker id="55298"] Using cryptocurrencies as a preferred method to “hedge” against real-world risks seems to be a valid play. Data, collated from various bitcoin exchanges, is now pointing towards a huge surge of users, even as retail activity on traditional markets continues to decline.  COVID Pushes Bitcoin Adoption As per publicly available

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US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’

[sociallocker id="55298"] For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest rates in

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Bitcoin Surge Proves It’s a Haven from Stock Market Turmoil: Circle CEO

The bitcoin price is surging because investors are embracing it as a "safe haven" amid the US-China trade war, says Circle CEO Jeremy Allaire. | Source: REUTERS/Kai Pfaffenbach (i), Shutterstock (ii). Image Edited by CCN.The bitcoin price is surging because investors are increasingly flocking to it as a "safe

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Bitcoin Price Blasts Past $11,700, Dominance Nears 70% on China Turmoil

Bitcoin (BTC) price began highly bullish Monday after an abrupt turnaround of its previous bear market saw it gain $1,200 this over the weekend.Market visualization. Source: Coin360Politics dictates Bitcoin price gainsData from Coin360 showed the extent of Bitcoin’s change of fortunes, which have so far culminated in a local

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Bloomberg: Bitcoin (BTC) Gearing Up For “Short-Term Rally” After Market Turmoil

Oversold Bitcoin (BTC) Could Rally, Claims Bloomberg Analyst Bitcoin (BTC) has struggled in recent days, that’s no secret. Case in point, the value of cryptocurrencies has undergone drastic price fluctuations in recent days, with assets gaining and losing a handful of percentage points in a few hours’ time. And while all

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