Bitcoin Network Activity Has Plunged, What is Going On?
Tue, 31 Mar 2020 18:39:04 +0000
The crypto market is recovering from the price drop earlier this month, yet the daily number of Bitcoin transactions continues to decline. This data anomaly reflects changes underway in how the flagship cryptocurrency is being used. It may reflect a greater trend moving forward.  MORE HODLING, LESS TRADING Daily transaction activity began to grow steadily at the beginning of this year, which coincided with Bitcoin’s increase in price. Trading and mining both picked up, which […]
When Fed is Out of its Mind, Bitcoin is the Answer
Tue, 31 Mar 2020 16:00:53 +0000
It took the sudden emergence of a pandemic to demonstrate how pathetic the global financial system really is. The US Federal Reserve (Fed) is now doing a live demonstration on how to print money out of thin air and buy government and corporate securities with it. It seems that Plan B’s model will work indeed. US Central Bank Pumps $1 Million Per Second The US financial system showed the first signs of a crack well […]
Ripple Launches X-Border App With Thai Commercial Bank
Tue, 31 Mar 2020 15:00:50 +0000
In a country with more mobile phone subscriptions than people, mobile banking has taken off in Thailand in a big way. After partnering with a fintech remittance company recently, Ripple is now sewing up the Thai market by joining forces with its largest commercial bank, SCB. Ripple to Boost Thai Remittances Further Hot off the heels of its partnership with DeeMoney that allows more than 1 million Thais to send money home, Ripple is now […]
3 Ways Bitcoin Will Emerge Stronger After the Economic Crisis
Tue, 31 Mar 2020 14:00:20 +0000
The world is now facing its worst financial crisis in decades, with fears growing that a years-long recession may have begun. However, this economic turmoil will also play a key role in pushing Bitcoin and blockchain technology into the mainstream. Three key elements will play a role. BITCOIN ADOPTION WILL CONTINUE TO SKYROCKET Critics have pounced on the decision by the U.S. Federal Reserve to print trillions of dollars to help alleviate the country’s growing […]
Bitcoin Enters Most Bullish Yearly Quarter, Will 2020 Deliver?
Tue, 31 Mar 2020 13:00:02 +0000
With the global disruption lately, you may not have noticed that Q1 is coming to an end. But tomorrow kicks off the start of the second quarter–traditionally bullish for Bitcoin. Will 2020 deliver? Will Q2 2020 Be Bullish for Bitcoin Once More? Let’s be honest, investor confidence is hardly at an all-time high. The FDIC putting out material like the below practically begging people not to start bank runs is hardly reassuring. Forget the mattress! […]
BitMEX Long on Bitcoin Development, Increases Grant to $100K
Tue, 31 Mar 2020 12:16:45 +0000
HDR Global Trading that owns and operates BitMEX is committed to “Bitcoin development is for the long term”. Today, the company announced that it will increase its 2019 grant to Bitcoin core dev Michael Ford to $100,000. BitMEX Ups Core Developer Grant to $100K According to the BitMEX blog, and as tweeted out by BitMEX Research on 31 Mar 2020, the company will be increasing its grant this year to Bitcoin core developer Michael Ford […]
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