Bitcoin Price and Technical Market Analysis March 2nd, 2020
Sellers lowered Bitcoin price by 15% this week. The best scenario for buyers is the test of $9050-9350. Targets for the fall in the near future are $8200, $7500 and final $5500. Sunday’s intriguing and emotional price movement in Bitcoin market has come to an end and it’s time to analyze the week. During the […]
Leading Insurance Company in UK to Provide Crypto Insurances
Lloyd’s of London pushes for EUR 100,000 policy for crypto insurances. UK’s insurance conglomerate Lloyd’s of London is instigating crypto insurances for funds in online wallets. As reported by The Times, Lloyd’s has come up with a policy worth EUR 100,000 to protect investors from hackers — thereby establishing more trust in the domain. Atrium, […]
Bitcoin Hash Rate Breaks New Records as Miners Shake Off Price Drop
Bitcoin hash rate shatters record levels to reach 140 EH/s as miners remain defiant ahead of the May 2020 halving The Bitcoin price index has recently dropped by over 22% from the high of USD 10,400 to as low as USD 8,070. But that hasn’t deterred miners at all from contributing bigger and bigger computing […]
Trending Bitcoin News and Market Sentiment March 2nd, 2020: Bitcoin Recovery Starting, Coronavirus Developments Suggest Bitcoin Price Looks to Be Uncorrelated to Traditional Assets in Times of Crisis
Bitcoin makes some stronger pushes towards recover with a daily high so far at USD 8,770 As Bitcoin slides down alongside traditional markets like stocks, there is stronger argument to say it is less and less correlated to the movements of traditional markets in times of crisis After spending most of the weekend below USD […]
