Coronavirus Bill May Include Digital “Crypto Style” Dollars
The coronavirus stimulus bill may include digital dollars that are stored in digital wallets as part of the relief.
Bitcoin Couldn’t Avoid the Coronavirus Panic, But its Fixed Supply Might be Attractive Vs. Fiat Printing
Bitcoin couldn’t avoid the coronavirus panic, crashing by a full 50% on March 12th. However, Bitcoin has since been recovering and might just start being attractive with central banks printing money.
Bitcoin See One of its Biggest Drops Ever As the Wider Market Panics
Most markets are in a panic over coronavirus. Bitcoin finally took a big hit along with broader markets on March 12, 2020, dropping over 50% from around a $7,960 high to a low of $3,800.
Bitcoin Historic Bullish Pattern Holds Despite Corona
The Coronavirus has been taking out just about every market, and crypto has been no different. However, Corona hasn’t been enough to throw Bitcoin off any long term trends.
India Lifted Their Ban on Cryptocurrency Trading
India’s Supreme Court overturned their central bank’s ban on cryptocurrency trading, lifting the ban that had been in effect since April 2018.
Crypto Corrects After Coronavirus Catalyst Puts End to Epic Run… But the Halvening is Still Coming Up
After an epic run crypto is seeing a correction that seems to be correlating with Coronavirus fears in other markets.
Kyber (KNC) is Launching on Coinbase Pro
Coinbase has announced they will be listing Kyber (KNC) AKA Kyber Network. Transfers begin on Monday, February 24. It is likely Kyber will also launch on Coinbase soon since it is getting both KNC/USD and KNC/BTC pairs.
Coinbase Pro Now Offers Margin Trading
Starting Feb 12 Coinbase Pro will offer margin trading up to 3x for users in some states.
The ETHE Premium Reveals ETH’s Strength, but Also Could be Seen as an “OverBought” Indicator
The ETHE premium, like the GBTC premium, can be a signal of crypto sentiment (and more-so with ETHE, ETH sentiment). However, it can also signal that ETHE is overbought.
LTC/BTC is Breaking out of its Downtrend
LTC/BTC looks like it is breakout of its downtrend. This is just one of many BTC and USD pairs that is showing strength here in late January 2020.