Black Thursday

Bitfinex has uploaded the code for a crypto-powered open-source P2P data streaming protocol to GitHub. 3669 Total views 31 Total shares Veteran cryptocurrency exchange Bitfinex has announced an open-source peer-to-peer data streaming platform that will allow users to share media across a decentralized network.The code for Bitfinex's "Dazaar" protocol has…

Cuban asylum seekers dismayed their compatriots boosted Trump in Florida Jose Manuel Maranillo, a Cuban asylum seeker stranded in Mexico by Republican President Donald Trump's immigration policies, was distraught when learned his brother-in-law in Florida had voted for him. 8:10pm EST Judge pushes U.S. Postal Service to ensure all remaining…

The correlation between Bitcoin and the S&P 500 has proven to be dangerous for the first-ever cryptocurrency. It even helped to drag down the asset during the Black Thursday collapse.The crypto asset’s new bull market on the horizon. Yet the correlation with the stock market is once again nearing all-time…

The “realized cap” of Bitcoin (BTC), a statistic observed by on-chain market analysis platform Glassnode, has hit a new all-time high on June 19. It may indicate an overall increase in new investors in the cryptocurrency market in recent months.Glassnode said:“Bitcoin's Realized Cap has hit a new all time high.…

The economy is on thin ice and jobless claims are still outrageously high, yet the stock market continues its V-shaped recovery and powerful rally. However, one chief investment officer claims that a stock market day of reckoning is coming – one that could also cause another sharp collapse in Bitcoin.If…

President Donald Trump ordered Treasury Secretary Steve Mnuchin to focus on a clampdown on bitcoin over negotiating a trade with China, former national security adviser John Bolton reportedly claims.In a terse exchange about imposing sanctions and tariffs with China, Trump reportedly told Mnuchin: “Don’t be a trade negotiator,” ordering him…

Jun 15, 2020 at 20:32 UTCSource: CoinDesk Bitcoin Price IndexMarket Wrap: Bitcoin Drops, Then Pops as Traders See Weaker Markets ComingBitcoin took a hit Monday, only to recover as many market participants see price weakness ahead. Bitcoin (BTC) was trading around $9,426 as of 20:00 UTC (4 p.m. ET), gaining…

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LONDON (Reuters) - Britain’s economy shrank by a quarter over March and April as entire sectors were shuttered by the coronavirus lockdown in what looks likely to be the bottom of a “catastrophic” crash before a long and slow recovery.Dwarfing previous downturns, the economy contracted by 20.4% in April from…

There was something of a twist in last week’s monthly jobs report: In May, the unemployment rate in the U.S. had seemingly declined by a few percentage points, hinting at the start of an economic recovery. The president was overjoyed by the news. “A rocket ship,” he called the purported…