Coinbase: Crypto Crash Created Rare Opportunities for Savvy Traders
Rare opportunities for derivative arbitrage were available to savvy traders during the March crypto crash Go to Source Powered by WPeMatico
Month: April 2020
Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis
Economist John Vaz believes economic mismanagement could lead to Bitcoin acting as a money commodity akin to cigarettes in prisons Go to Source Powered by WPeMatico
Bitcoin Shaky, Dorsey Donates, CoinMarketCap Attacked, Royal Scam: Hodler’s Digest, April 6–April 12
In this week’s Hodler’s Digest, Bitcoin drops to a key level as rally looks shaky, and Jack Dorsey donates 28% of his wealth to the coronavirus fight Go to Source Powered by WPeMatico
Are Bitcoin Cash Miners Driving Up the Price of Bitcoin?
Bitcoin mining difficulty is rising as a mass exodus of Bitcoin Cash miners swap networks to mine BTC ahead of the May 2020 halving Go to Source Powered by WPeMatico
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed … Read more
Will Blockchain Technology Be Used to Build Evil Social Credit Systems?
If even a good thing falls into the wrong hands, there may be disaster: Blockchain tech might help to build a Brave New World instead of promised decentralization Go to Source Powered by WPeMatico
Bitcoin Price Surges to $7,200 — Here’s What Top Traders Think Is Next
Bitcoin price manages a strong weekly close by rallying 5% to reclaim $7,200, but will it hold? Go to Source Powered by WPeMatico
Judge Threatens to Nix OneCoin Suit After Plaintiffs Miss Multiple Deadlines
The judge is threatening to ditch a $4 billion suit against OneCoin after its lead plaintiff failed to meet reporting deadlines Go to Source Powered by WPeMatico
Peter Schiff Predicts Gold Will ‘Moon’ While Bitcoin Crashes
Peter Schiff also criticized the crypto community’s understanding of money, asserting that they were “suckered into Bitcoin” Go to Source Powered by WPeMatico
Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout
Since the market carnage on March 12 otherwise known as Black Thursday, the exchange Bitmex has seen 36% of the trading platform’s bitcoin reserves withdrawn. A few other well-known crypto exchanges have seen cold wallets drained, while other trading platforms have witnessed reserve increases. Also read: Spain’s Lawmakers Plan to Provide Basic Income to Low-Income … Read more