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Despite dramatic measures taken to stem the spread of the coronavirus, it has continued to wreak havoc on the Western world, continuing to sweep across the U.S. and Europe while shutting down thousands of businesses and forcing millions out of work. As a result, the Federal Reserve has had to pull out all the stops […]

The U.S. stock market has had a great past few days, with all of the benchmark indices rallying as bulls attempt to establish a long-term bottom. Bitcoin has only been able to catch a portion of this momentum, however, as the cryptocurrency is currently facing insurmountable resistance just below $7,000. Bitcoin’s lack of momentum against […]

XRP is currently in the process of posting a notable rally that has allowed it to outperform Bitcoin and most other major cryptocurrencies, with the embattled token’s bulls attempting to catalyze some much-needed upwards momentum. This has allowed the crypto to erase what one analyst is calling “months of underperformance” — although the long-term significance […]

Since the $3,800 bottom, Bitcoin has done surprisingly well, rallying as high as $7,100 just this weekend to register an 87 percent recovery. Altcoins followed suit, posting similar gains to the crypto market’s leader. Despite this convincing bounce, which has been cemented by days of accumulation in the mid-$6,000s, above the key supports in the […]

The difficulty of mining Bitcoin has dropped by more than 10 percent for the fifth time in the asset’s history. It previously marked the bottom of BTC, but not every time. In the first week of December 2018, the difficulty of Bitcoin mining dropped by 15.13 percent. Yet, BTC did not recover until four months […]

Chainlink (LINK) shocked cryptocurrency investors throughout 2019 and the early part of 2020, with the crypto incurring an unwavering uptrend that allowed it to post multiple parabolic cycles, rarely showing any signs of technical or fundamental weakness. The 2020 crypto market selloff, however, seems to have done some significant damage to its market structure, with […]

The U.S. stock market has incurred some notable upwards momentum today, marking an extension of that which was first incurred yesterday. This has allowed Bitcoin to also post some notable gains, with the nascent crypto market continuing to closely track equities. This stock market rebound isn’t showing signs of slowing down either, as the benchmark […]

Four months after the high-profile acquisition of Indian crypto exchange WazirX by Binance, BitMEX invested in a $3 million funding round for another local cryptocurrency exchange in India called CoinDCX. The world’s biggest crypto exchanges by daily volume have started to actively invest in India’s crypto market after the reversal of the Reserve Bank of […]

Binance announced that it is looking to raise $5 million worth of cryptocurrencies to help the most affected countries tackle the ongoing global pandemic. Crypto against COVID As of today, the number of confirmed COVID-19 cases worldwide is nearing 400,000, according to the World Health Organization (WHO). The virus has spread throughout 195 countries, areas […]

No market or facet of the economy has been spared amid the coronavirus crisis, crypto included. Case in point: since the $10,500 high seen in mid-February, the price of Bitcoin has cratered by 36 percent, posting similar losses to markets like American equities and commodities (namely oil). What’s worrying is that a V-shaped economic recovery […]