Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. The world is going through a crisis with an escalating number 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…
Since the supreme court lifted the RBI ban, more people have been looking to buy bitcoin and other cryptocurrencies in India. Responding to community feedback, a number of cryptocurrency exchanges have lowered their fees as the Indian crypto sector continues to grow. Indian Crypto Exchanges Cutting Fees The Indian crypto 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…
The theory goes that quantum computing could be used to crack out cryptocurrency wallets. Is this true? What could quantum computing do to web services? Currently, there are supercomputers already in existence. They are so smart that they can find your Bitcoins by brute-forcing the seed phrases. The computers are so smart Read more…
Currency happens to be the lifeblood of the global economic system. It is the pivot around which wheels of economic activities spin; however, with the emergence of the capitalist economy, the money power tends to be possessed only by a few ones. The inequality in the distribution of wealth is 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…