Black Thursday

After trading below $7.800 for days on end, Bitcoin attempted a run at the level just minutes ago. At first, it seemed like the cryptocurrency had a chance, rallying from $7,770 to $7,870 — a gain of approximately 1.2% — within the span of two minutes.Chart from TradingView.comUnfortunately for bulls,…

Apr 27, 2020 at 20:43 UTCUpdated Apr 27, 2020 at 20:52 UTCMarket Wrap: Ether Up 50% in 2020, Hits $200 on SundayThis year has been terrible for financial markets but good for cryptocurrencies. And while much has been made about bitcoin’s (BTC) gains of 7 percent since the start of…

Apr 27, 2020 at 11:13 UTCUpdated Apr 27, 2020 at 18:26 UTCFirst Mover: Ether Trounces Bitcoin as Network Sees Surge in StablecoinsEther's price might be getting a boost from the crypto industry's version of the dash for cash.The coronavirus crisis has sent investors in both digital and traditional markets scrambling…

Bitcoin has performed extremely well over the past few days, rallying from last week’s lows at $6,800 to a high of $7,800 on April 23rd. It was a move that liquidated dozens of millions of dollars worth of short positions and convinced analysts to put credence in the BTC bull…

By Chuck Collins, Omar Ocampo and Sophia Paslaskiis | – Billionaire Wealth and the Pandemic ( Inequality.org) – In its 34th annual list of global billionaires, published on April 7, 2020, Forbes reports a modest decline in the total number of billionaires from 2,153 in 2019 to 2,095in 2020. “The…

Since the inception of Bitcoin, volatility has been a part of the cryptocurrency narrative even before exchanges and the current mainstream mentions. Now that traditional markets are showing volatility further exacerbated than anti-fragile cryptocurrency during the coronavirus pandemic, the community is seeing how traditional marketplaces like the New York Stock…

Like the rest of the crypto market, Ethereum, too, has performed extremely well over the past hour. The second-largest cryptocurrency, which traded around $183 for most of Wednesday, surged as high as $195 just minutes ago on the back of a short squeeze in the Bitcoin derivatives market, which pushed…

In the past 20 minutes, Bitcoin has rocketed higher. After trading around $7,000 for most of Wednesday, the cryptocurrency started to rally, hitting a local high of $7,770 just minutes ago — 9% higher than the weekly open and a more impressive 14% higher than the weekly low.This was a…

Volatility has been the dominant theme in financial markets lately. As uncertainty around COVID-19 and its impact on the economy deepens, markets have been swinging wildly. We’ve seen the S&P 500 falling off a cliff as well as risk assets across the board taking a beating. Cryptocurrency markets have been…

MakerDAO founder, Rune Christensen, explained how Maker Foundation will prevent future protocol failures and predicted the merger of DeFi and centralized finance. 2223 Total views 70 Total shares MakerDAO founder, Rune Christensen, explained the measures taken by the Maker Foundation to prevent future failures in Maker’s protocol and predicted the…