Gold Sets Record High Ahead Of Second US Stimulus, Will Bitcoin Follow?

Today, the United States is expected to introduce the details of its latest economic stimulus package. Ahead of the expected record bout of money printing, hard assets like Bitcoin, gold, and silver began soaring.  Overnight, gold set a new all-time high price record. Meanwhile, Bitcoin may have broken out from a multi-year triangle formation that could signal the start of a new bull run. Will the cryptocurrency follow precious metals and set a new all-time […]

Will the Stock Market “Cobra Effect” Economists Warn Of Also Strike Bitcoin?

A Wall Street veteran is warning the “biggest cobra effect in the history of economics” is about to hit the stock market. And it could have a dramatic impact on Bitcoin and the rest of crypto. But what exactly is the “cobra effect” and in what ways will this impact the cryptocurrency market? Cobra Effect Could Crush The Stock Market, Wall Street Vet Warns Larry McDonald is a Wall Street veteran, CNBC contributor, and New […]

Bloomberg Hilariously Lists Bitcoin As A Space Stock

Bitcoin and the rest of the financial world is serious business, but every once and a while an accidental moment comes along that provides a needed break and laugh. One of those moments came recently via Bloomberg Business, which listed the cryptocurrency as a space stock. And while Bitcoin may be on a moon mission, it is not related to space in any way, making the slip up that much more hilarious. Bitcoin Listed As […]

How The Stock Market’s Great Rotation Resembles Bitcoin and Altcoin Relationship

The S&P 500 just closed its strongest weekly performance against the Nasdaq Composite in the last four years in what analysts are calling a “Great Rotation.” The trend of shuffling capital closely resembles what’s taking place across the crypto market with Bitcoin and altcoins. Is this “Great Rotation” essentially the stock market’s version of alt season? And what are the factors driving this interesting investment phenomenon? S&P 500 Beats Nasdaq Composite For First Time In […]

The World’s Wealthiest Are Dumping Stocks, How This Can Impact Bitcoin

Some of the wealthiest individuals in the world are dumping stocks they bought at the Black Thursday bottom this past March. Thanks to an ongoing tight correlation between the stock market and Bitcoin, any selloff could also impact the cryptocurrency. If the stock market does start crashing again, how might this affect Bitcoin in the days ahead? UBS: Billionaires Are Preparing To Dump Stocks Bought During Black Thursday Bottom According to a firm that’s dubbed […]

Everything You Need To Know About The Bitcoin Scam Behind Twitter Hacks

Last night, the Twitter accounts of major celebrities, influential figures, and politicians were hacked to promote a Bitcoin scam. Due to how many followers these high-profile accounts have, news and rumors spread like wildfire. But what exactly went down that led to accounts like Joe Biden, Kanye West, Bill Gates, Apple, Bitcoin, and several others to be hacked? Here’s everything we know so far about the hack and the hackers behind the brazen cryptocurrency scheme. […]

Why Hasn’t Bitcoin Followed Stocks Rallying On Positive Vaccine Data?

Overnight, news broke that early trial human patients developed a “robust” immune response to a potential virus vaccine from Moderna. Stock futures soared over the news, and the stock market opened today higher as a result. But even despite an ongoing correlation between Bitcoin and the S&P 500, the cryptocurrency isn’t following this pump. What’s the reason behind Bitcoin lagging on positive news that sent the stock market back to retest recent highs? Early Stage […]

The Fall of Bitcoin’s Worst Enemy Could Cause Crypto to Collapse

Today, big banks across the globe begin revealing quarterly revenue results that could send the stock market tumbling. And given Bitcoin’s continued correlation with the stock market, a devastating blow to the asset’s worst enemy may also drag crypto down with it. Bitcoin Prepares for Next Battle In Ongoing War With Its Worst Enemy Bitcoin is the first of its kind cryptocurrency that sparked the creation of an entire industry and financial market, with thousands […]

Stock Market Sell Trigger Could Drag Bitcoin Down Later This Month

Bitcoin continues to trade sideways, but also has been unable to shake an ongoing correlation with the stock market.  If the cryptocurrency doesn’t break out soon and break free from the shackles of the S&P 500, it could drag Bitcoin down at the end of the month. Is Bitcoin Waiting For The Stock Market To Break Down? For nearly two months straight now, Bitcoin price has been locked in a tight trading range. Volatility has […]

Why This Finance Author Advocates Bitcoin Over Gold and Real Estate

The global financial market is experiencing the greatest shakeup in nearly a century. Amidst the shuffle, one well-known finance author is advocating Bitcoin over other hard assets like gold and real estate. But why? Rich Dad, Poor Dad Author Urges Investors Toward Hard Assets Author Robert Kiyosaki is better known as Rich Dad, Poor Dad, based on the title of his 1997 book on finance. The book made the New York Times bestsellers list for […]

Bybit Announces “World Series of Trading” Contest with Prize Fund Worth 200 BTC

Bybit has announced it is launching a brand-new series of trading contests called the “World Series of Trading.” Targeted at traders of all levels, Bybit will allocate prizes from a pool worth 200 BTC or over $1.8 million at the current market price. The company plans to run the event twice each year, with the first one kicking off this summer.  The inaugural World Series of Trading (WSOT) event aims to bring together retail and […]

Dirty Money: What’s Living on Cash That Can’t on Bitcoin?

The recent pandemic put a spotlight on contactless payment alternatives to paper cash like Bitcoin, Venmo, Apple Pay, and more. The World Health Organization urged consumers to rely on these payment methods. Digital payments soared globally as a result. But beyond the possibility of viral transmission, what else is living on dirty money that isn’t also living on Bitcoin? Contactless Payments Shine In New Post-Pandemic World Bitcoin is a financial asset unlike anything before it […]

Altcoins Set To Shine After Brutal Bitcoin Dominance Rejection

Altcoins still have tons of catching up to do against their big brother Bitcoin. The cryptocurrency currently enjoys an over 65% market share dominance over the rest of the space. However, that number is set to fall hard, after a strong rejection on BTC.D charts has potentially confirmed a bear flag pattern. The target of the pattern would take the metric down to 59%, just a tick above where alt season lies. Bitcoin’s First Mover […]

Why The Hot New Trend In Crypto Is The Twitter Hashtag Emoji

The “Crypto Twitter” hashtag emoji has become all the rage across the industry in recent weeks, but why? Is it just to jump on a trend, or is it to gain valuable brand visibility? Or is it something more altogether? The Crypto In Crowd: Binance Joins Bitcoin and CRO With New Twitter Hashtag Emoji Twitter CEO Jack Dorsey is a well-known Bitcoin backer, and also heads the company Square Inc. Square offers the popular payments […]

WHO’s Scary Warning May Set Back Bitcoin’s Bull Run, Here’s Why

The World Health Organization has issued a terrifying warning that the “worst” of the pandemic “has yet to come.” The first wave brought record devastation to Bitcoin and the stock market, and investors now fear another crash. If the worst has yet to come for the outbreak itself, could the market experience an even steeper selloff alongside the resurgence of cases globally? World Health Organization Warns of Pandemic Spreading, Worst Is Yet To Come Six […]

Wells Fargo Warns Of Stock Shock From Biden Win, How Would Bitcoin Behave?

Past data shows that Bitcoin bull market breakouts typically happen following a US Presidential Election. However, Democratic party candidate Joe Biden has recently overtaken Trump in the polls – something Wells Fargo warns could shake up the stock market. And with Bitcoin tightly correlated to the stock market, a Biden win could be harmful to the leading cryptocurrency by market cap. But why? Wells Fargo Chief Strategist Warns of Stock Market Reaction To Joe Biden […]

Bitcoin Sees Third Lowest Volatility Since The Crypto Bubble First Began

Bitcoin price has been trading sideways for over forty days and counting. The crypto asset has been unable to break above $10,000 or remain below $9,000 for more than a few moments. The sideways action has caused the third-lowest volatile point on record over the last four years. The first time started the last bull market; the last time caused a 50% drop – is the third time the charm? Sideways Trading Bitcoin Markets Still […]

Why the Second U.S. Stimulus Round Could Stimulate a Bitcoin Rally

This week, United States President Donald Trump told media that Americans can expect a “generous” second stimulus check issued. Like the first round of checks, some of this money flowing into crypto could cause a short term Bitcoin rally. And with the stimulus potentially coming while Bitcoin is consolidating below resistance, it could lead to a sizable breakout.  First Found of Stimulus Money Flows Into Crypto Over Groceries, Bills, and Essentials The start of 2020 […]

How Will The Crypto Market React To Next Week’s Senate Hearing On a Digital Dollar?

Bitcoin and the rest of the crypto market are at a pivotal moment. Either a new bull market is beginning, or a deeper fall into a bear market is next. How will the market react to the potential emergence of a digital dollar coming out of next week’s Senate hearing on the topic? Crypto Dad Pushes United States To Embrace A Central Bank Digital Currency Next Tuesday, the United States Senate Banking Committee will hold […]

‘Waning’ Safe Haven Status Leaves The Dollar Vulnerable to Bitcoin

A macro strategist for Deutsche Bank has raised concerns over the dollar losing its safe-haven status if another wave of the pandemic strikes the United States. If the current global reserve currency continues to wane as an “emergency” currency, could Bitcoin eventually step into that role? Macro Strategist Questions USD Safe Haven Premium As Concerns Over Pandemic Resurgence Grows When the economy is under distress, certain assets known as safe havens for capital perform best […]