Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon

Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts, quantitative easing (QE), and buying mortgage-backed securities, analysts believe […]

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The Crypto Industry’s $400M Cash and Stock Deal – Binance to Acquire Coinmarketcap.com

The Crypto Industry’s $400M Cash and Stock Deal - Binance to Acquire Coinmarketcap.comThe popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. People familiar with the matter explained the acquisition will be announced this week and could be one of the largest procurements in the cryptocurrency and blockchain industry to-date. Also read: Bitcoin Mining […]

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Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs

While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market valuation of eight different stablecoins combined is well over […]

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Bitcoin Mining Roundup: BTC Regains 100 Exahash, Miners Close Shop, Pre-Halving Shake-Up

Bitcoin Mining Roundup: BTC Regains 100 Exahash, Miners Close Shop, Pre-Halving Shake-UpIn 44 days, BTC miners will face the third reward halving as the block subsidy will soon shrink from 12.5 to 6.25 coins per block. Following the market carnage in mid-March, BTC’s hashrate plummeted 44% to a 2020 low of 75 exahash per second (EH/s). Since then the hashrate has climbed back above 100EH/s, but […]

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Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K

Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6KBitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future price of bitcoin as “safe-haven” theories have […]

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Free from Tron: Steemit’s Blockchain Fork Hive Outperforms Steem Token Value

Free from Tron: Steemit’s Blockchain Fork Hive Outperforms Steem Token ValueFor weeks now, the cryptocurrency community has been fervently discussing the recent acquisition of the Steemit blockchain. Skeptics believe that the Tron takeover has shown significant vulnerabilities with delegated-proof-of-stake (DPoS) projects. Following the takeover, the community still managed to fork the protocol and the new hard-forked blockchain dubbed ‘Hive’ has seen its token price outperform […]

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