Inflation Is Rampant. Is It Time to Buy Bitcoin?
Bitcoin has shown an increasing tendency to track interest rate hikes, but professional investors still think record-high inflation is fleeting. Inflation has hit its highest…
Tag: Coronavirus
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…
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…
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…
Bitcoin, Gold Spike as Fed Unveils Unlimited Coronavirus Stimulus Package
Bitcoin’s (BTC) price shot up along with gold and stock futures after the U.S. Federal Reserve announced a quantitative easing package with no upper limit…
Bitcoin’s Computing Power Is Growing Again After Coronavirus-Related Disruption
The computer processing power of the bitcoin network is growing again – albeit slowly – as major Chinese miner manufacturers gradually resume business after the…
How Coronavirus Outbreak in China Could Weigh on Crypto Prices
Jason Wu had to cancel a dozen meetings with his crypto clients in China after the coronavirus epidemic broke out this month. “We planned a…