Cryptocurrency news

• Bitcoin is Significantly Outperforming Global Markets Despite Ongoing Selloff

  09-03-2020 23:00 via newsbtc.com
  
  Bitcoin (BTC) and the aggregated cryptocurrency market have been moving in tandem with the global markets throughout the past couple of weeks, which has made the nascent asset class subjected to significant selling pressure.
  This close correlation has led many analysts and investors to deem the cryptocurrency’s classification as a safe-haven asset as nullified.
  In spite of this, it is important to note that the cryptocurrency has significantly outperformed the traditional markets over a mu
  
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• You Call That Volatility? Bitcoin Traders Scoff at Wall Street’s Gyrations

  09-03-2020 22:56
  
  As traditional markets undergo a level of anxiety not seen since the2008 recession, the cryptocurrency industry showed few existential signs of distress.
  
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• What the Oil Market Says About Bitcoin’s ‘Safe Haven’ Status

  09-03-2020 22:53
  
  “I don’t think any asset is safe right now – except cash, US dollars.”
  
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• I Attended a Bitcoin Conference in VR and Still Got Sick

  09-03-2020 22:23
  
  Motion sickness, but still.
  
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• Kraken Announces Plans to Expand Indian Operations As Crypto Ban Lifts

  09-03-2020 22:20 via cointelegraph.com
  
  Kraken will start reinforcing its presence in the Indian market following the Supreme Court’s ruling
  
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• This Simple Indicator Shows Bitcoin Could be Poised for a Major Bounce

  09-03-2020 22:00 via newsbtc.com
  
  It has been a rough past few days for Bitcoin (BTC) and the aggregated cryptocurrency market, with the benchmark crypto’s ongoing downtrend leading most major altcoins to see capitulatory selloffs.
  This bout of significant downside is occurring against a backdrop of bearishness within the global markets, and BTC’s confirmed status as a “risk-on” asset seems to suggest that it will continue seeing further downside until the global markets stabilize.
  In spite of this, analy
  
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• Coronavirus Leave Seats Empty At London Blockchain Week

  09-03-2020 22:00 via cointelegraph.com
  
  London Blockchain Week organizers are urging any attendees who feel sick not to come as coronavirus takes hold
  
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• Bitcoin Still No Match for Gold in Terms of Store of Value

  09-03-2020 21:00 via newsbtc.com
  
  Global markets are in turmoil today as news of a Saudi Arabia-led crude oil price war caused selloffs around the world. Bitcoin joined the decline too with its own agonising plunge but gold price is holding up great.
  Market analysts from both cryptocurrency circles and elsewhere continue to debate which asset represents the better store of value. Bitcoin might have it on paper, but gold boasts a much stronger historical precedence.
  Markets Plunge, Gold Stays Strong
  Gold is one of the few markets
  
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• Bitcoin Tested as a Safe Haven After Biggest Stock Crash Since 2009

  09-03-2020 20:54 via cointelegraph.com
  
  Global markets imploded as the trading week started, providing Bitcon’s another opportunity to prove its status as a store of value asset
  
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• Pitch Deck Says Solana Is Courting Dish Network, Kik for Its ‘Web-Scale’ Blockchain

  09-03-2020 20:49
  
  Solana is looking to raise up to $12M at a $125M valuation, touting potential relationships with Dish and Kin in a pitch deck seen by CoinDesk.
  
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• Newly-Launched Bitcoin.com Lottery Unlocks Global Lotteries Through Cryptocurrency Payments - Bitcoin News

  09-03-2020 20:37 via news.bitcoin.com
  
  Newly-Launched Bitcoin.com Lottery Unlocks Global Lotteries Through Cryptocurrency Payments  Bitcoin News
  
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• Women in Blockchain: Has Gender Distribution Come to the Crypto Market?

  09-03-2020 20:33 via cointelegraph.com
  
  The number of women working in blockchain companies has grown since 2018, so has the number of female crypto investors. But does that give women more recognition in the market?
  
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• The Real Reasons Why Bitcoin Price Has Plunged 25% in Two Weeks

  09-03-2020 20:30 via newsbtc.com
  
  Bitcoin price has fallen to $7,700 after trading above $10,000 just two weeks prior. But why exactly as Bitcoin plunged as much as 25% in a little more than two week’s time?
  Here are a number of factors influencing the latest cryptocurrency market bloodbath.
  Five Reasons For Latest 25% Bitcoin Price Drop
  Bitcoin price hit $6,400 back in mid-December 2019 and then took off like a rocket on powerful, over 50% rally.
  The cryptocurrency had made it to above the key psychological “FOMO tr
  
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• Canada Funds Blockchain Firms Looking to Trace Steel

  09-03-2020 20:23 via cointelegraph.com
  
  Blockchain technology will improve tracing in the Canadian steel industry
  
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• Will Bitcoin Rebound in Market Crash? Look to Bonds and Credit Markets, Feat. Delphi Digital’s Kevin Kelly

  09-03-2020 20:00
  
  What’s happening in stock markets, bond markets and beyond, and what it might mean in the short and long term for the crypto community.
  
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• Mercury in Retrograde: Can Astrology Predict Bitcoin Price Cycles?

  09-03-2020 20:00 via newsbtc.com
  
  Bitcoin can often be unpredictable. At times, it takes off on parabolic rallies for seemingly no reason at all, and other times, it could have every bullish factor at its back and still fall to new lows.
  Analysts try to make rhyme and reason of this through fundamental and technical analysis. But could the key to understanding Bitcoin price cycles rest in the stars, the moon, and the planets above us?
  Can Astrology Predict Bitcoin Price Cycles?
  Before there were books, computers, the internet, a
  
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• Is Bitcoin Safe in a Market Crash? Look to Gold for Signs, Feat. Delphi Digital’s Kevin Kelly

  09-03-2020 20:00
  
  What’s happening in stock markets, bond markets and beyond, and what it might mean in the short and long term for the crypto community.
  
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• Price Analysis Mar 9: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK

  09-03-2020 19:48 via cointelegraph.com
  
  Panic seems to have set in the crypto markets, which usually signals that a bottom could be close by
  
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• Green signal for cryptocurrency - Telangana Today

  09-03-2020 19:30 via telanganatoday.com
  
  Green signal for cryptocurrency  Telangana Today
  
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• Old Rivals Oracle and IBM Want Their Blockchains to Talk to Each Other

  09-03-2020 19:20
  
  IBM and Oracle are working on an interoperability project that could unite the business consortia on the companies' respective blockchain platforms.
  
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• Libra Association Member Offers an Explanation for the Crypto Market Decline

  09-03-2020 19:12 via cointelegraph.com
  
  Marc Bhargava, co-founder of crypto prime broker Tagomi, isn’t surprised by the current market selloff — he blames margin calls
  
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• Bitcoin’s Plunge Was Foreshadowed by Miner Inventory Data

  09-03-2020 19:12
  
  Bitcoin’s recent price drop has caught many investors off guard. However, a key metric showing worry among the miners gave a warning several weeks ago.
  
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• OKEx #WomenInCrypto Celebrates Gender Equality and Women Empowerment on Women’s Day 2020

  09-03-2020 19:02 via newsbtc.com
  
  The introduction of Bitcoin over a decade ago symbolized the emergence of democratic values in the financial ecosystem. It was the first attempt towards financial empowerment as well as equality of all the participants in the ecosystem where anyone, anywhere can hold and make transactions using the digital currency. The same essence has to be carried forward in the billion-dollar cryptocurrency industry as well. OKEx, the world’s largest cryptocurrency spot and derivatives exchange platfor
  
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• Bitcoin Investors Extremely Fearful Amidst Bloodbath; Factors to Consider

  09-03-2020 19:00 via newsbtc.com
  
  The global markets have entered a full-fledged meltdown, with the major US stock indices all collapsing as Bitcoin (BTC) enters a firm downtrend that has so far led it to plummet into the $7,000 region.
  This global bearishness comes close on the heels of a bullish start to 2020, but the rapid spread of the lethal Coronavirus has struck fear into the hearts of investors, leading them to flee so-called “risk-on” assets.
  For Bitcoin, its status as a risk-on asset is seen while looking a
  
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• Market Liquidations Cause Cascade in Bitcoin Price

  09-03-2020 18:52
  
  The price of bitcoin dropped sharply over the past 24 hours as a confluence of events has led to traders hitting the sell button.
  
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• Bitcoin News Roundup for March 9, 2020

  09-03-2020 18:28
  
  Markets crater as scams plague bitcoin. This is the Markets Daily Podcast from CoinDesk.
  
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• Why Future Mileage Programs Will Flow Like MiL.k

  09-03-2020 18:17 via newsbtc.com
  
  It’s a universal truth: everyone loves free stuff. In fact, stuff that seems like it’s free – but which is actually packaged as a “reward” – is all the more loveable. Such is the attraction of frequent flyer programs which repay consumers for their continued loyalty with discounted flights and upgrades.
  These programs are ubiquitous, with major domestic and international carriers keen to engage and incentivize their customer base. From 2013 to 2018, the six bi
  
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• Belarus Wants Authorization to Seize Crypto from Criminals

  09-03-2020 18:16 via cointelegraph.com
  
  A state authority in Belarus wants to amend criminal procedure law to give authorities the right to confiscate crypto
  
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• Crypto Analyst: Digital Gold Narrative Out The Window Amidst Crisis

  09-03-2020 18:00 via newsbtc.com
  
  Bitcoin has long been referred to as digital gold, due to the crypto asset sharing many attributes as the precious metal that’s often used as a safe haven during economic distress.
  But with a recession looming, and fears mounting by the day amidst a global pandemic and stock market selloff, that digital gold narrative should be thrown out the window, as Bitcoin and gold aren’t showing anywhere near the same performance in the current market environment.
  Comparing Crypto to the Safe H
  
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• $2B Deal Will Keep Crypto Bull Jack Dorsey as CEO of Twitter

  09-03-2020 17:55 via cointelegraph.com
  
  Social media network Twitter has reached a deal with an investor to keep Jack Dorsey as its CEO
  
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• Robinhood Crypto and Stock Trading App Is Down Second Monday in a Row

  09-03-2020 17:38 via cointelegraph.com
  
  Robinhood experiences another technical outage, causing its clients to be unable to trade stocks and crypto
  
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• Financial Services Giant Morningstar Rates its First Ethereum-Based Security

  09-03-2020 17:34 via cointelegraph.com
  
  Financial services giant Morningstar values the first Ethereum-based security, as part of its collaboration with U.S. restaurant chain Fatburger
  
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• ‘Amoral’ new cryptocurrency lets you earn money as people are killed by the coronavirus - Metro.co.uk

  09-03-2020 17:34 via metro.co.uk
  
  ‘Amoral’ new cryptocurrency lets you earn money as people are killed by the coronavirus  Metro.co.uk
  
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• VIX Index Shows Stocks ‘Fear’ Most Since 2008 Crisis, Birth of Bitcoin

  09-03-2020 17:29 via cointelegraph.com
  
  Not everyone is concerned about the current market crash despite near-record losses
  
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• Bitcoin’s Latest Dip Below $8K Forms Big CME Gap; Could Price Bounce Back?

  09-03-2020 17:28 via newsbtc.com
  
  Bitcoin’s big dip to below $8,000 has accelerated speculation of an extended move to the downside. But the cryptocurrency is hiding a bullish catalyst under its sleeves.
  So it appears, CME futures linked to the bitcoin price have formed a big gap on its daily chart. The missing candle between Friday’s close and Monday’s open has a height of about $875, with its head pointing towards near $9,060. In traditional terms, the gap could prompt Bitcoin to bounce back in the
  
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• The Fate of Bitcoin Rests On This Seven-Year Secular Bull Market Support

  09-03-2020 17:00 via newsbtc.com
  
  Bitcoin just experienced its worst single-day drop in 2020 so far but is just the latest fall since the asset’s failure to find sustained buying interest above $10,000.
  This latest collapse has shocked crypto investors and pushed Bitcoin down to a support line that’s held up now for seven years running. Rebounding from here would suggest current prices are the greatest financial opportunity yet, but breaking below the line could be a signal to dump all crypto holdings.
  This Support L
  
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• Lightning Networks Has Yet to Strike Adoption, but Don’t Count It Out

  09-03-2020 16:50 via cointelegraph.com
  
  The Lightning Network was touted as the payment solution to catapult Bitcoin into the realms of mainstream currency. Why hasn’t it happened yet?
  
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• Crypto Industry Continues Fight Against Coronavirus With New Contributions

  09-03-2020 16:21 via cointelegraph.com
  
  Binance Charity has made another donation to medical institutions in a bid to help coronavirus victims
  
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• Bittrex Global Integrates Credit Card Support, Biteeu Launches in Aus

  09-03-2020 16:16 via cointelegraph.com
  
  Bittrex Global will roll out credit card support and referral program days after launching a partner exchange in Australia
  
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• Legacy Trust’s Crypto Spin-Off Receives $3M to Roll Out Asian Settlement Platform

  09-03-2020 15:50
  
  First Digital Trust has won backing from Taiwan-based Nogle for its upcoming Asia-focused crypto settlement solution for institutions.
  
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• Relief Bounce May Stop $7.5K Bitcoin as Global Markets Face Disaster

  09-03-2020 15:43 via cointelegraph.com
  
  Bitcoin is getting pummelled along with traditional markets but a relief bounce to $8,200 isn’t out of the question
  
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• Kraken Plans to Expand Indian Services Amid Banking Ban Lift

  09-03-2020 15:36
  
  The exchange did not disclose its exact plans for the market yet.
  
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• Bitcoin, Bonds and Gold: Why Markets Are Upended in a Time of Fear

  09-03-2020 15:13
  
  Noelle Acheson says bitcoin is not the only part of the financial markets going through upheaval.
  
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• Bitcoin, Gold to Explode as Treasury Yields Hit Record Lows: Top Portfolio Manager

  09-03-2020 15:11 via newsbtc.com
  
  Bitcoin prices could explode based on their untapped correlation with US Treasury yields, according to prominent portoflio manager Ari Paul.
  The BlockTower Capita’s co-founder and CIO pitted the cryptocurrency’s long-term potential against US government bonds as the latter rallied towards its unprecedented highs this Monday. Mr. Paul noted that lower yields on the US Treasury bonds are less attractive for investors, which makes bitcoin an attractive alternative.
  “Not a sho
  
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• Traditional Markets Remain Skeptical of TZero-Backed Security Token Platform

  09-03-2020 14:34 via cointelegraph.com
  
  Security tokens are finding a cold reception in traditional capital markets as a tZero-backed platform attempts to secure SEC approval
  
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• OKEx Burns 3 Million OKB as It Continues to Expand OKChain Ecosystem

  09-03-2020 14:17 via newsbtc.com
  
  The leading cryptocurrency spot and derivatives exchange platform, OKEx has successfully concluded its 7th buy-back & burn scheme for the platform’s native OKB utility tokens.  The latest round that started on December 1, 2019, till Feb 29, 2020, witnessed a buy-back of about 3,183,344.61 OKB tokens worth close to $17,500,000.
  Following the completion of the token burn, the number of OKB tokens currently in circulation has reduced further by around 3 million. In turn, the reduced
  
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• Noncustodial Smart Wallet Seeks to Widen Access to Crypto and DeFi

  09-03-2020 14:13 via cointelegraph.com
  
  London-based smart wallet startup Argent has raised $12 million in a Series A led by Sequoia Capital-backed fund, Paradigm
  
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• Non-Custodial Smart Wallet Seeks to Widen Access to Crypto and DeFi

  09-03-2020 14:13 via cointelegraph.com
  
  London-based smart wallet startup Argent has raised $12 million in a Series A led by Sequoia Capital-backed fund, Paradigm
  
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• China Injects $4.7M Into Central Bank’s Blockchain Trade Finance Platform

  09-03-2020 14:10
  
  Thirty-eight banks have started using the platform since it entered the test phase in September 2018.
  
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• US Congressman Introduces Crypto-Currency Act of 2020

  09-03-2020 14:01 via cointelegraph.com
  
  U.S. Congressman introduces Crypto-Currency Act, looking to finally clarify which regulator is responsible for which digital assets
  
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