Category: BTC
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Metaverse Dualchain Network Architecture (DNA) Continues Global Expansion and Announces a Successful First Quarter in 2020
April 27th, 2020, Toronto, Canada – The Metaverse DNA global team reported significant progress on the DNA (Dualchain Network Architecture) Blockchain initiative during the month of March, closing the first quarter of 2020 with great results. The DNA token is now listed on 14 crypto exchanges, Metaverse DNA CEO Eric Gu participated in many online…
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Purse.io Returns: Company Reveals Crypto Marketplace ‘Is Here to Stay’
[youtube https://www.youtube.com/watch?v=Sv6raXD3sXc&w=560&h=349] On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition. More than a week ago, the popular cryptocurrency marketplace Purse.io abruptly announced its…
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Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19
The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why the cryptocurrency is an attractive investment. High Institutional Demand Expected Post Coronavirus Crisis…
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Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents a digital yuan. This week, regional reports show that 19 well known…
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‘Boomer Generation’ In for a Rude Awakening – Macro Economist Predicts $1M Bitcoin by 2025
Just recently, a report from Global Macro Investor (GMI) called “The Unfolding” claims that the world is experiencing the biggest economic event that hasn’t been seen in the last 150 years. GMI’s CEO Raoul Pal authored the report and he strongly believes the digital asset bitcoin will go from a $200 billion asset class to…
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Bitcoin Soars to Its Highest Level Since Crashing in March
Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19, respectively. The digital asset litecoin (LTC)…
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Bitcoin to Be Digital Gold in 2020, Says Bloomberg Report
Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by the coronavirus-induced stock market tailspin. With its correlation to gold jumping to all-time highs, BTC…
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Bitcoin Halving Searches Surge – Phrase Touches Google Trends All-Time High
The notorious bitcoin halving is expected to happen in 20 days either on or around May 12, 2020. The anticipation leading up to the event is at an all-time high, as last week worldwide queries for the phrase “bitcoin halving” using Google peaked with a top score of 100. On Tuesday, Google Trends shows the…
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After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system going forward. The meltdown also…
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CFTC Approves New Cryptocurrency Derivatives Platform — Bitnomial to Offer Regulated Bitcoin Futures
The U.S. Commodity Futures Trading Commission (CFTC) has approved a new bitcoin derivatives trading platform. Bitnomial Exchange will list margined and physically delivered bitcoin futures and options. Besides Bitnomial, the CFTC has only approved a handful of other platforms to offer bitcoin derivatives trading, such as CME, Cboe, and Bakkt. CFTC Approves New Bitcoin Derivatives…