Search Results for "turmoil"
Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement
Brad Garlinghouse, Ripple CEO, believes most governments consider blockchain technology a game-changer as it solves frictions like transparency and settlement that were a headache in yesteryears.
Bitcoin Eyes $12K, Experts Say It Will Surge Regardless of US 2020 Presidential Election Outcome
Market experts have said that Bitcoin's price will be unaffected by the outcome of the US presidential elections.
Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype
According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.
World Economic Forum Views Blockchain as the Vaccine for Future Interferences in the Seafood Sector
The World Economic Forum (WEF) touts blockchain technology as the vaccine and game-changer needed to ensure things run smoothly in the global seafood supply chain irrespective of future disruptions. This is based on the fact that the coronavirus (COVID-19) pandemic has laid the bare knuckles of the inefficiencies and challenges faced by the seafood industry.
Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances
Orient Commercial Joint Stock Bank (OCB), a large Vietnamese bank with assets worth $4.6 billion, has joined RippleNet as a strategic partner after a 10-month wait.
China's Bitmain shows Bitcoin Mining remains Profitable After Posting $300 Million in Revenues
Bitmain, one of the largest mining equipment makers globally, has reported revenues of $300 million thus far in 2020. While its business has faced turmoil in recent times, the core strategy continues to reap benefits.
University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens
The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.
Grayscale Bitcoin Trust Inflows Estimated at $1 Billion per Month - Why It Matters for BTC
Bitcoin’s quick ascent to its all-time high of $24K has shown no signs of slowing down, suggesting that the cryptocurrency is in overbought territory.
US Awaits Recession While Bitcoin Becomes the Last Resort
The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.
Bitcoin Price Surges While the British Pound Falls During Brexit Fiasco
Bitcoin’s price shot up above $10,000, and other major cryptocurrencies have also seen gains. The turmoil surrounding the possibility of a no-deal Brexit has led to the fall of the British Pound.
Legend of Wuhan Coronavirus Whistleblower Will Live Forever on Ethereum Blockchain
Li Wenliang was an ophthalmologist at Wuhan Central Hospital who became something of a national hero amidst the turmoil of the Coronavirus. Identifying the deadly virus early, he was silenced by his government for trying to warn the public. His legend has only been further galvanized on the Ethereum blockchain following his recent death where he succumbed to the dreaded illness
Bitcoin Will One Day Close a $40,000 Daily Candle, says BTC Advocate Jimmy Song
Jimmy Song believes that Bitcoin's daily candle will one day close at more than $40,000 based on its present closure of at least $1900 in the past 24 hours.
