Bitcoin investments in China could grow as global funds increase their exposure in Chinese equities in a significant capital reshuffling. The cryptocurrency eyes more demand as a V-shaped rebound in the Chinese economy seems unlikely per top analysts. History shows that unsettling economic conditions send Chinese investors to the safety of Bitcoin via stablecoin Tether. Investments in the world’s first decentralized asset Bitcoin could grow in China as the country becomes the center of a […]

Bitcoin surged by almost 600 points Wednesday after Federal Reserve Chairman Jerome Powell said additional fiscal stimulus is “worth it” to protect the economy. The benchmark cryptocurrency, while rising, broke its correlation intraday with the U.S. stocks, which closed lower. A top crypto analyst said a global market crash could push Bitcoin further higher. The price of Bitcoin rose Wednesday after Federal Reserve Chairman Jerome Powell’s defeatist remarks on the U.S. economy supported the perceived […]

When Mike Vishnevsky asked me at the beginning of the year what would be one of the most important crypto events of 2020, my answer was enthusiastic, but now it seems to be completely wrong.

The post Bitcoin Decouples from Stocks to Retake $9,000 Level appeared first on Bitcoin Market Journal.

Remittances have been at an all-time high in the last couple of years. Experts predicted that by 2021, migrant workers will send home nearly $600 billion a year. However, the COVID-19 has changed all that. Instead of consistent growth remittances have shown the sharpest decline in recent history. Millions of migrant workers are now unable to send their money home. Cryptocurrency might offer a solution to that problem to prevent a recurrence of this situation. State of remittances in the COVID-19 pandemic Remittances are going down fast, which is a major problem for all remittance-dependent economies. There are quite a

Bitcoin, at press time, was trading around $8.8k on the immediate next day of the 3rd Bitcoin halving which happened on May 11, 2020. Bitcoin news has leveled up social media as well, as the world as they got ready for the major event—Bitcoin halving. Bitcoiners believe this block reward halving that happens every 4 …

Blockchain investing comes in many forms. You could: Invest in the digital tokens of the most promising blockchain project. Participate in equity or token-based crowdfunding campaigns of new blockchain startups. Purchase shares in publicly-traded blockchain stocks. In this guide, you will learn how to build stock portfolios that provide you […]

The post How to Build a Blockchain Portfolio as an Equity Investor (With Examples) appeared first on Bitcoin Market Journal.

Bitcoin could undergo corrections near $9,000 as Stan Druckenmiller, a billionaire hedge fund manager, warns about a stock market crash. The former George Soros’ chief strategist said a V-shape recovery for equities is a “fantasy.” The prediction put Bitcoin’s market cap under risks of a similar downsizing, given its growing correlation with the S&P 500 after March 2020. As bitcoin struggles to close above $9,000, a chilling stock market prediction has decreased the cryptocurrency’s possibility […]

Bitcoin rallied from $3,800 to $10,000 in two months of volatile trading. The maligned cryptocurrency outperformed its hedging rival Gold on a year-to-date timeframe. Gold underperforms as its correlation with the S&P 500 index grows to an 18-month high. Last week, bitcoin closed above $10,000 almost two months after crashing to below $4,000 in a global market sell-off. The cryptocurrency found its jumping shoes in a multitude of bullish narratives, ranging from deflation-friendly “halving” to […]

The Bitcoin block reward halving is nearly here. The event is happening in around 4 hours from now, meaning that BTC’s inflation rate will be cut in half from ~3.6% to ~1.8% — inflation lower than that of most fiat currencies and purportedly lower than that of gold. Data shows that as the halving has [...]

The post Bitcoin’s Fundamentals Are Stronger Than Ever as the Halving Arrives appeared first on Blockonomi.

Real estate tokens have continued to post a positive performance for investors, gaining an average of 4.27% during April while top securities tokens...

Last night, the U.S. National Debt reached $25,000,000,000,000 for the first time. It’s now growing at its fastest level in history. I remember quite...