Tag Archives: Bitcoin

Crypto Long & Short: How Oil Going Negative Could Open the Door for Bitcoin ETFs

Crypto Long & Short: How Oil Going Negative Could Open the Door for Bitcoin ETFs

This will always be remembered as the week when oil went negative. The economic repercussions of this are staggering and will take months to fully comprehend – but, more short term, one of the most fascinating aspects is how it knocks universally accepted truths about markets right into the oil can. Also compelling is what […]

Bloomberg’s senior commodity strategist, Mike McGlone says bitcoin halvening is a “non-event.”

Bloomberg’s senior commodity strategist, Mike McGlone says bitcoin halvening is a “non-event.”

Bloomberg’s senior commodity strategist, Mike McGlone, says that upcoming bitcoin halvening would be a “non-event.” Bitcoin halvening is scheduled to take place next month. Bloomberg’s senior commodity strategist, Mike McGlone, says that upcoming bitcoin halvening would be a “non-event.” Bitcoin halvening is scheduled to take place next month. Mike McGlone, Bloomberg’s senior commodity strategist, is […]

Who in Crypto Might Come Out As Winners or Losers After the COVID-19 Crisis?

Who in Crypto Might Come Out As Winners or Losers After the COVID-19 Crisis?

The COVID-19 pandemic now has its grip firmly on the world. According to official numbers, almost 2.6 million individuals have been infected globally, and almost 180,000 have died. In addition to the impact on public health and the healthcare system, the global economy is starting to ground to a halt as a result of state-enforced […]

Bitcoin ‘Stuck in the System’ Until Merchant Adoption Grows

Bitcoin ‘Stuck in the System’ Until Merchant Adoption Grows

Although holders of both bitcoin (BTC) and gold are often motivated by an idea of investing in assets that are outside of the financial system, it might not be the case, according to a popular macro strategist who believes that that the next world reserve currency will be “a crypto.” Speaking with Anthony Pompliano, Morgan Creek Digital Co-founder and […]

Bitcoin Price Dragged Below $7,000 By Return to Market Chaos

Bitcoin Price Dragged Below $7,000 By Return to Market Chaos

Bitcoin price just broke below $7,000 Monday morning after a late Friday evening rally pushed the asset over the key level for the weekend. However, coronavirus concerns have returned to traditional markets, causing major turbulence to kick off the day, which may have also caused Bitcoin to tumble. Could a repeat of last month’s mayhem and […]

Options Market Signals Doubt Bitcoin Price Will Rise After Halving

Options Market Signals Doubt Bitcoin Price Will Rise After Halving

While some expect bitcoin’s (BTC) upcoming reward halving to light a fire under the cryptocurrency, the options market seems worried about the event turning out to be a wet blanket. The biggest cryptocurrency by market value is set to undergo its third mining reward halving next month. The code, aimed at controlling inflation, would reduce the amount […]

‘Rich Dad’ Robert Kiyosaki To Reinvest Stimulus Money in Bitcoin, Gold, Silver

‘Rich Dad’ Robert Kiyosaki To Reinvest Stimulus Money in Bitcoin, Gold, Silver

People should get economic education outside universities, and invest in silver, gold, and Bitcoin (BTC), according to American businessman and author of a best-selling personal finance book Rich Dad Poor Dad, Robert Kiyosaki. Bailouts are communism, he said, but he’ll take the money the government offered, as it’d be stupid not to – and he’ll reinvest it […]

Bitcoin Extends Rally as Trading Volume for CME Futures Hits Three-Week High

Bitcoin Extends Rally as Trading Volume for CME Futures Hits Three-Week High

Trading activity for bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) has picked up pace as bitcoin has extended its recent rally to levels above $7,200. CME traded $347 million worth of futures contracts Thursday – the highest since March 16. On that day, futures witnessed a trading volume of $414 million, according to data […]

Crypto Market Sentiment Improves for the Second Week in a Row

Crypto Market Sentiment Improves for the Second Week in a Row

The market sentiment has seen an improvement for the second week in a row. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins, is up this week to 4.73, compared to last week’s 4.33/10, shows crypto market sentiment analysis service Omenics. Today we find all coins in the green for the past week, […]

Bitcoin Is a Safe Haven for a Worse Storm Than This

Bitcoin Is a Safe Haven for a Worse Storm Than This

Bitcoin (BTC) was designed for many reasons, but one of the most important was to be a safe-haven asset during times of financial distress. From the genesis block’s coinbase parameter (“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”) to today, bitcoin’s fans have treated it as something worth owning when the market goes […]