Bitcoin price doesn’t look very optimistic now as it is below $5,000 again. However, just recently after the news about the rate cut from teh Fed, it was gaining massively.
Previously, the target range of the interest rate varied from 1% to 1.25%. Now the benchmark for both short-term lending for financial institutions and a peg to consumer rates will be targeted at 0% to 0.25%. Dow Futures lost 1,000 points.
Bitcoin and S&P 500 Price Index correlation proves that cryptos and stocks have one thing in common – the American retail investors and corporation bosses. This week is one of the most dangerous in the last 11 years, as the corporate and personal income melts amid coronavirus preparations.
If you are keen on trading cryptos or enjoying the many benefits it brings to the financial world, you should learn to secure your assets. Here are 5 simple but effective ways to secure your cryptocurrency.
OKEx surpassed BitMEX in the Bitcoin futures volume while exchanges face challenges in dealing with extreme market.
Cryptocurrency prices fell sharply yesterday. This is one of the worst days in the history of the cryptocurrency markets. There seems to be hope and a few opportunities as well.
In general, the crypto market is on the wane today. Bitcoin, Ethereum, XRP and other coins are dropping. More volatility is expected. BTC price has returned to the above $5,000 levels.
Friday 13 is at the beginning, but the market already shows the scary new Bitcoin’s bottom of $4,900. BitMEX derivatives exchange is reporting a huge wall of long orders sell-offs.
The crypto market capitalization has fallen below $200 billion due to huge panic sell-off. Ethereum, XRP and other altcoins are losing their value.
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The Chicago trading floor is set to close on Friday, the 13th of March 2020, due to COVID-19 risks. The decision has been revealed by the CME Group.
Bitcoin price has fallen down 23% today. Alongside, the whole crypto space has been affected in a similar way as coronavirus gets declared a global pandemic
A group of anonymous Bitcoiners known as CoroHope has begun their search for a coronavirus vaccine. Although not authorized by the FDA, CoroHope is hopeful it might crack on the vaccine for the deadly COVID-19 virus.
Zynga developer Eric Schiermeyer: First the game, second – the blockchain. He plans to tokenize in-game assets via Gala Network. Such a plan is giving the players a chance to easily exchange value right within the virtual world.