It’s only halftime, and Bitcoin is leading the financial crisis sentiment by 1-0.
Bitcoin price may find itself amid a global market storm even as its underlying fundamentals look stronger than corporate stocks and government bonds.
Predicting Bitcoin price is no less than looking into a crystal ball. As the cryptocurrency leaves behind a trail of endless bullish and bearish fractals, it gives traders a grain of data to predict its next trend.
That thing called “best cryptocurrency” is a myth.
It is because each bad and top cryptocurrency brings out its share of risks. Some have sustained longer in the market than others, such as Bitcoin, which makes investors trust it more. Then some newbie tokens appear out of the womb of promising blockchain startups, like Ethereum, and become an alternative to Bitcoin.
“Negative interest rates? Over my dead body.” Jerome Powell did not say that. But if one were to reimagine the Federal Reserve chairman in a superhero comic book, that is precisely how his dramatized version would have screamed about “the biggest monetary policy experiment of modern times.” In the real world, a less-theatrical Powell conveyed…
If Bitcoin is a Stark, then the month of March was its Red Wedding episode.
Last week, Renaissance Technologies’ Medallion announced that it would allocate a specific portion of its portfolio to Bitcoin. The $75 billion hedge fund made no fuss about the amount of its exposure but merely indicated that it is interested in exploring the nascent cryptocurrency.
Bitcoin is back in the news again. This time, due to all the bad reasons. The benchmark cryptocurrency earlier this month slipped by up to 38 percent from its local peak of $10,540, according to data provided by CoinStats’ cryptocurrency portfolio management app. Meanwhile, it remained stuck in a much larger downtrend after establishing $14,000…
CoinStats’ data feed shows no improvement in the bitcoin price this week. The cryptocurrency has dipped by as much as 24 percent from its local swing high of $10,540. And more likely, it is going to continue its fall as investors focus remains wary ahead of the Federal Reserve’s decision on the next rate cut….
Just recently, Apple removed HKmap.live, an application that showed a real-time crowdsourced map of protests in Hong Kong, alleging that it facilitated attacks on individual officers and vandalization of public areas where the police were not available. Kuma, the pseudonymous developer of HKmap.live, said in an interview with Laura Shin that Apple had no evidence…