Revisiting The Dollar Bitcoin Relationship In more recent issues, we’ve highlighted that over the last few months, bitcoin’s price has been a function of larger macroeconomic conditions of rising yields and credit unwinding leading to…
Stablecoins Provide Cover as Global Risks and Uncertainty…
As the global economy trembles, investors continue to find sanctuary in stablecoins. In the most recent 12-month period (ending April 29, 2020), the three top stablecoins — Tether (USDT), Circle (USDC) and Paxos (PAX) —…
Altcoins Face The Most Important Weekly Close in…
Two separate charts taking a top-down view across the wider crypto market may provide clues as to where the altcoin asset class is headed. Each chart shows that altcoins are at potentially their most critical…
Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American…
During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover,…
Bitcoin Whale Addresses Hit Highest Number Since August…
Large crypto investors, popularly known as “whales,” seem to be accumulating bitcoin amid the ongoing price rally. The seven-day moving average of the number of addresses holding 10,000 bitcoins or more rose to 111 on…
Bitcoin RSI Hits Highest Since June 2019 Top,…
The latest rally in Bitcoin has caused the Relative Strength Index to reach shocking highs. Such a reading would typically indicate a pullback is due, however, it can also be a signal that the bull…
Bitcoin Lender Genesis Global Issues $2 Billion in…
Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading…
Google Keeps Promoting Crypto Scams Despite Strict Crypto…
While Google’s subsidiary, YouTube, is facing a lawsuit for promoting cryptocurrency scams, Google’s advertising platform continues to display fraudulent crypto ads through its advertising network. According to a report by Bitcoin (BTC) crypto exchange, CoinCorner,…
Bitcoin Shaping up to be a “Higher Gold…
Bitcoin has seen some immense bullishness throughout the past couple of days, with the benchmark cryptocurrency incurring a notable uptrend that allowed it to climb from lows of $7,700 to highs of $9,500. This upwards…