The COVID-19-triggered global financial and economic crisis may affect crypto fundraising and merger & acquisition (M&A) deals, but some players will see this market turbulence as a good time to enter the market, one of the world’s biggest accounting and auditing firms PwC believes. The pandemic has already created headwinds for a large Read more…
Warren Buffett has proven he can change his mind after all. The billionaire investor has reportedly dumped nearly $400 million worth of airline shares in recent days after previously committing to see it through despite turbulence. Even Buffett, who has denounced Bitcoin and all cryptocurrencies, has his limits. Now that Buffett has Read more…
Bitcoin weathering the biggest crisis since the Great Depression, which caused a severe economic crisis in the 1930s. Willy Woo tweeted about Bitcoin visualizing its fall in price by 50% in comparison with Gold and S&P 500 in a bigger run. Willy Woo, who is a famous cryptocurrency analyst, a blogger Read more…
More and more financial experts are standing behind gold’s role in an upcoming economic turmoil. The merits and safe-haven status of the precious metal are aligning popular beliefs that it will outperform most (if not all) financial assets in the next few years. Gold To Stand Above All Whether or Read more…
In the article, the mining pool notes that there a wide range of individual variables determine mining profitability. Poolin has created a mining profit estimator that breaks down these factors to better understand which rig is the best value. Example as shown: It is important to note that electricity costs vary widely from Read more…
A survey published on March 31 revealed that senior trading executives believe that large companies in the business would be interested in taking advantage of the recent crypto plunge, particularly Bitcoin (BTC). According to the Adoption of Digital Asset Trading report published by Acuiti management intelligence platform, about 100 venues capable of Read more…
In cryptocurrency exchanges, it may become necessary to use the services of a broker to be able to trade digital assets like Bitcoin cryptocurrency. This is because cryptocurrency is a speculative trading asset and many investors need guidance in their trading activities to remain profitable. If you are simply trading in Read more…
Some argue that crypto and stocks are correlated, but that wasn’t the case this week. In fact, since March 13, stocks have dropped while Bitcoin has slowly recovered. The end of the week brings about more mixed results for markets everywhere, with the Dow Jones Industrial Average having dropped by more Read more…
During the coronavirus outbreak, people are online more than ever. CoinJoin Day is asking them to get behind anonymity protocols when using Bitcoin. There’s a common misconception among non-crypto folk that Bitcoin is anonymous. Perhaps this comes from Bitcoin’s past as the dark web currency of choice. After all, if Read more…
Billionaire Chamath Palihapitiya argues that Bitcoin’s fate will be decided in the next 10 years. But it might be sooner than later. Chamath Palihapitiya, the CEO of Social Capital, the chairman of Virgin Galactic and the owner of Golden State Warriors, thinks that Bitcoin could potentially become “gold 2.0” by Read more…