The global economy is being hit by high uncertainty because of the coronavirus. As a result, the sell-off in the financial markets continues—the prices of stocks, commodities, cryptocurrencies are declining. Investors are withdrawing their money from the markets since in times of crisis there is an age-old saying: «Cash is King». To address the ...

The last few weeks have been the worst for the financial markets since the global financial crisis of 2008. For instance, the US stock market index S&P 500 dropped by 29% to 2,403 from 3,386. The extreme fear has grasped the crypto market as well. On March 13th, the price of Bitcoin tumbled to $3,800 per one digital coin—the lowest level sin...

On Tuesday, March 3rd, the US Federal Reserve System cut interest rates by half a percentage point at an unscheduled emergency meeting. It was the first emergency rate cut since 2008, and it also marks the biggest one-time cut since then. Loose monetary policy may impact positively cryptocurrency prices in the long run, since it may spur inflati...

During the past week the cryptocurrency market was quite volatile and most of the major cryptocurrencies recorded double-digit price declines. For instance, the price of Bitcoin dropped from €9,190.36 to €7,724.02 (-15.96%). Usually, in such cases, when the prices of financial assets increase or drop significantly many media outlets try to expla...

On Monday, February 17th, the prominent cryptocurrency bull Max Keiser updated his long-term Bitcoin price target from $100,000 to $400,000 while speaking with conspiracy theorist Alex Jones during a show called "Infowars". In addition, Keiser clarified that "the good news… is that Bitcoin at $10,000 or $9,300 is equally as attractive as it was ...

On Friday, February 14th, former Steemit CEO and co-founder Ned Scott announced in his Twitter account, that he sold Steemit, Inc. to Justin Sun from TRON: Source: Twitter Back in 2016, Scott and Dan Larimer (currently CTO of Block.one, a company involved with the development of EOS) founded Steemit, Inc. and created Steemit—the largest decentr...

On Tuesday, February 4th, Bitcoin SV's «Genesis» hard work took place. Thus, the cryptocurrency's block size has become miner-configurable or unlimited. The «Genesis» hard work makes BSV more scalable and, therefore, more attractive for cryptocurrency users. On Thursday, February 6th, TRON founder Justin Sun announced in his Twitter account that...

Last week, John McAfee, a prominent cryptocurrency enthusiast and a US presidential candidate, who previously claimed that Bitcoin will hit $1 million by the end of 2020, changed radically his attitude towards the digital coin. In a recent bizarre tweet posted on January 29, he criticized Bitcoin, calling it 'old', 'clunky', 'no security', etc.:...

On Thursday, January 23, the European Central Bank (ECB) published its monetary policy decision. The ECB reaffirmed that it will continue to inject liquidity at a monthly pace of €20 billion into the financial system of the euro area:   Source: ecb.europa.eu The continuation of the expansionary monetary policy has increased the demand for safe h...

Last week the crypto market was shining again - most major cryptocurrencies recorded double-digit gains. For instance, Bitcoin's price increased from $8,053.60 to $9,169.50 (+13.86%), Ethereum's price - from $142.24 to $178.97 (+25.82), and Litecoin's price - from $48.87 to $63.17 (+29.27%). However, the top gainer among the major cryptocurrenci...