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Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by the coronavirus-induced stock market tailspin. With its correlation to gold jumping to all-time highs, BTC […]
The post Bitcoin to Be Digital Gold in 2020, Says Bloomberg Report appeared first on Bitcoin News.
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Bitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users will be able to trade RSV and RSR with trading […]
The post Bitcoin.com Exchange Now Supports Reserve’s Stablecoin RSV and the Utility Token RSR appeared first on Bitcoin News.
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Developers from the organization General Protocols have announced the launch of a synthetic derivatives platform built on Bitcoin Cash. The project Anyhedge aims to be the first decentralized finance (defi) protocol on any branch of Bitcoin and the platform will launch in cooperation with Cryptophyl’s new non-custodial exchange, Detoken. Also read: Film Reels and Steel: […]
The post Anyhedge to Launch Blockchain-Enforced Synthetic Derivatives for Bitcoin Cash appeared first on Bitcoin News.
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Weakening Chinese yuan leads to higher Bitcoin prices and Asian premium
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In the cryptocurrency industry, hope is very difficult to come by. All markets suffered massive deficits in the past day and a half, yet it seems this may only be the beginning of more damage. The total market cap dropped to just under $152bn, yet it seems XRP succeeded in holding its own somewhat. In […]
The post Even the XRP Price Feels the Pressure as Value Plummets by 10% appeared first on NullTX.
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During these incredibly bearish times, it is very difficult to find any assets which perform as expected. That is not entirely abnormal, primarily because Bitcoin is closely linked to all other currencies in terms of value. XRP Once again proves it is the exception to keep an eye on. Minimal losses in USD value and […]
The post Stable XRP Price Makes it a Valuable Hedge During Bearish Cycles appeared first on NullTX.
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Last month, news.Bitcoin.com examined the problem of quantitative easing (QE) and its impact on the U.S., and how such policies have spread to the rest of the world. This month, we continue to drill down on the phenomenon of governments printing trillions of dollars worth of fiat currency simply by pressing buttons on their computers. Value […]
The post Europe, Japan and the ‘Drug’ of Quantitative Easing appeared first on Bitcoin News.
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People often wonder why a cryptocurrency with a limited supply like bitcoin has been gaining traction over the years. Since the 2008 financial crisis, the world’s central banks have printed around $12-30 trillion worth of promissory notes, and more than $10 trillion in negative-yielding global bonds. However instead of the newly printed money helping global […]
The post Tired of Bank Bailouts and Hyperinflation? Bitcoin Offers Something Different appeared first on Bitcoin News.
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According to analytics firm Autonomous Next, the number of active crypto funds has reached 312 – a 24% increase from the end of 2017. Also Read: You Can Become a Citizen of Antigua and Barbuda for Less Than 13 BTC Number of Active Crypto Funds Reaches 312 The number of cryptocurrency funds has significantly expanded in […]
The post Research Finds Number of Crypto Funds has Exceeded 300 appeared first on Bitcoin News.
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The bullish market performance experienced across the cryptocurrency markets last month also manifested significant gains for many cryptocurrency hedge funds, with multiple cryptocurrency hedge fund indexes estimating a more than 45% increase in the value of leading funds. Also Read: 5 Years Ago You Should Have Bought Bitcoin, Not Altcoins Cryptocurrency Recovery Rally Drives Impressive Performance […]
The post Cryptocurrency Hedge Funds Rebound By Over 45% in April appeared first on Bitcoin News.
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