Generative Data Intelligence

Tag: deflation

BTC falls below crucial support level; Bears could drag BTCUSD much lower

Bitcoin’s rise above $10,300 level was much shorter than anybody would have expected. In some exchanges, BTCUSD dropped to $8,600. The decline took...

Eerily Accurate Crypto Analyst Says Bitcoin (BTC) Breakout to $150,000 Will Begin on This Date

ADVERTISEMENT One of the few cryptocurrency analysts to correctly call Bitcoin’s 2019 pullback says he believes BTC is gearing up to finally exit...

Vitalik Vs CZ: Buterin Tells Zhao to Think Bigger Regarding Crypto

Vitalik Buterin, the co-founder of Ethereum, has recently gone out and explained that the current financial crisis the world is facing is a...

Vitalik Tells CZ to Think Bigger: Crypto is More Than Just ‘Protest’ Money

Ethereum co-founder Vitalik Buterin says the current financial crisis is very different to the 2008 Global Financial Crisis that Bitcoin emerged from —...

Bitcoin showing signs of trouble; is it the calm before the storm for BTC?

Bitcoin is showing signs of trouble. Some analysts feel that a storm might be coming that will catch a lot of investors...

For the Blockchain Industry, the COVID-19 Clock Is Ticking

Blockchains reached a feverish level of hype following the ICO mania of 2017. Peddled as the panacea to the world’s ills, many of such...

“Buy Bitcoin,” Another Billionaire VC Tells Investors Looking to Escape Massive Deflation

Bitcoin is a hedge in a deflationary cycle, said billionaire venture capitalist Chamath Palihapitiya in a Tuesday morning interview with CNBC. The Virgin Galactic chairman and Social Capital CEO commended the cryptocurrency for its lack of correlation with traditional markets. He further cited Paul Tudor Jones, a billionaire hedge fund manager, for taking a similar safe-haven call regarding Bitcoin. ‘Buy Bitcoin‘ is emerging as the mantra against the ongoing global financial crisis. The latest to […]

Prominent Billionaire Doubles Down: Bitcoin Is Still the Most Uncorrelated Asset

Bitcoin

Ever since the COVID-19 pandemic started to grip the world’s economy three months ago, Bitcoin has been seemingly correlated to the S&P 500. Below is a chart of Bitcoin with the futures of the leading index (in blue). As can be seen, save for some slight deviations in the middle and right-hand side of the [...]

The post Prominent Billionaire Doubles Down: Bitcoin Is Still the Most Uncorrelated Asset appeared first on Blockonomi.

Crypto & Corona

The coronavirus crisis is catalysing socio-economic and technological trends that will accelerate crypto adoption.There’s no doubt that the coronavirus crisis has impacted cryptocurrency...

What is the Halvening? (Hint: It’s a BIG deal)

For crypto enthusiasts, the Bitcoin “halving” is a big deal. There are countdown clocks and endless predictions and analyses, all leading up to a critically pivotal event for Bitcoin. While the “halving” has an ominous tone, it’s actually a rare event in the cryptocurrency world. So, what is the halving? And why is it so […]

The post What is the Halvening? (Hint: It’s a BIG deal) appeared first on Bitcoin IRA | Official Bitcoin Retirement Account Investment.

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