The crypto market holds at least 4,000 tokens to-date. As a result, the demand for a trusted financial index by traders has been elevated to unprecedented heights. The Crypto Price Index (CPI) is anticipated to be an ideal crypto market indicator because it will include over 200 of the top traded cryptocurrencies based on market … Continue reading Crypto Price Index Predicted to Revolutionize the Cryptocurrency Market
Skrill, a notable worldwide payment provider, has revealedits latest move of integrating a new option that permits the buying and selling of all cryptocurrencies into its platform. This strategy is intended at eradicating the urge of converting cryptocurrencies into fiat so that a purchase can be made. Skrill’s cryptocurrency journey Skrill established the cryptocurrency service … Continue reading Worldwide Payment Provider Adopts New Crypto-to-Crypto Buy and Sell Feature
The government of the British Virgin Islands, in partnership with LIFElabs.io, aims to develop a digital currency that will be peeled at the ratio of 1:1 against the United States dollar to be used with the territory. The digital currency is dubbed BVI~LIFE™, and there was a digital economy symposium organized by the British Virgin … Continue reading British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency
The growing popularity of crypto assets has left many Certified Public Accountants (CPAs) contemplating how to best account for them under Generally Accepted Accounting Principles (GAAP). The American Institute of CPAs (AICPA) has not been oblivious to the rapidly changing digital assets ecosystem and has even released a practice aid to help in crypto accountancy … Continue reading AICPA Publishes a Practice Aid for Digital Assets
Since the coronavirus patient was identified on Dec. 1, 2019, in Wuhan, the capital of Hubei province in China, the virus has since claimed at least 100 lives. With at least over 4,500 cases confirmed worldwide, the Dow Jones Industrial Average has seen its fifth consecutive daily decline, dropping 1.6%. The S&P 500 also declined 1.6%, witnessing its … Continue reading Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market
Bitcoin’s status as a safe-haven asset has been under intense scrutiny as the BTC price continues to fall amidst a series of crisis events in 2020 which have continued to create the ideal environment for the digital commodity to theoretically thrive. Beginning with the Iranian – US conflict in early Jan, the coronavirus outbreak triggering a … Continue reading Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash
The Bitcoin community watched from the edge of their seats as the BTC price briefly sank below to $3,900 before rebounding to between $5,300 and $5,500 in less than 30 minutes this morning. At time of writing, Bitcoin (BTC) has temporarily stabilized at $5240, marking a loss of nearly half its value since March 7. The entire cryptocurrency market continued this … Continue reading Bitcoin Takes Black Swan Dive With Markets, Cash Still King as Stablecoin Market Caps Surge
On March 7, 2020, the Bitcoin price took a big blow by falling from a staggering $9200 mark to $7,000 and again taking a hit to mere $3,500, later bouncing back to $6,000. In our previous article, we shared what could possibly be the reasons for such a fall. Some analysts blamed the fall in … Continue reading Changpeng Zhao, CEO of Binance Opens Up About Bitcoin & Current Crypto Market Situation
Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. If you like the article, please follow us here on Blockchain.News so you won’t miss our future publications. What a day to usher into the weekend. … Continue reading May 8: Are you betting on the fastest horse?
An internal Chinese report presented to Chinese Leader Xi Jinping and his top party members on May 4, concluded that anti-China sentiment is currently at its highest since the 1989 Tiananmen Square crackdown according to Reuters. The report was created by China’s top intelligence agency, the China Institutes of Contemporary International Relations (CICIR), a think … Continue reading US-China Cold War Could Benefit Bitcoin