Twitter CEO Sets Sight on African Bitcoin Market

Twitter and Square chief, Jack Dorsey, is meeting with African tech entrepreneurs as the bitcoin bull sets sight on the continent’s growing crypto industry. Twitter CEO Heads to Africa Dorsey is currently in Ghana after spending a few days in…

After NASDAQ, will Blockchain Drive the Next Stock Market Revolution?

Paxos, which operates a cryptocurrency exchange and several stablecoins, obtained the nod of the US Securities and Exchange Commission (SEC) to run a pilot project that will leverage blockchain for the stock market, according to a statement released last week.…

US Stock Market Updates ATH, Bitcoin’s Turn Next?

The global stock markets have surged since last Friday on new hopes that the US and China will ink an interim trade deal. Besides, most US companies beat expectations in the third quarter. Does the crypto market benefit from this…

John McAfee’s $1M Bitcoin Prediction Mirrors 2013-2014 Bull Market

The extremely bullish prediction of John McAfee that Bitcoin (BTC) will reach $1 million in 2020 could be based on how the asset’s price action developed during the 2013-2014 boom. Bitcoin Rose on Mt. Gox Activity Back then, BTC picked…

The Stock Market Rally Is a Big Fat Lie

S&P 500 Index shatters new record high on Monday. Equity markets are rallying despite a three-quarter decline in corporate earnings – the longest stretch since 2015-16. U.S. firms are getting better at playing the expectations game. The Wall Street expectations…

Bitcoin’s ‘Loss-Adjusted Market Cap’ is 87 Percent of $104 Billion

The US Federal Reserve has continued its streak of quantitative easing, by pouring in funds to uphold the confidence that liquidity won’t dry out. The latest sum, $104 billion, is almost close to Bitcoin’s loss-adjusted market valuation. Tuur Demeester, founding…

Bitcoin Miners Drove Price Volatility In 2018 Bear Market, Says New Data

Bitcoin miners are behind spikes in price volatility which saw the largest cryptocurrency hit $3100 in 2018, new data suggests. Miner Sell-Offs Preceded BTC Price Floor In fresh analysis uploaded to social media on October 11, on-chain intelligence resource Token…

Stock Market Braces For a Big Fall as Bad News Piles On: Key Events This Week

Strategists anticipate the U.S. stock market to have a tough week ahead as the global economy stalls and trade-talk uncertainties intensify. The U.S. stock market closed with improved sentiment last week as the Dow Jones surged by well over 300…

Dow Futures Sink as JP Morgan Rings Stock Market Gloom Alarm

Dow Jones Industrial Average (DJIA) futures dragged lower on Monday, extending last week’s bout of heavy selling. But investors shouldn’t expect a turnaround yet. In a note to clients, JP Morgan analyst John Normand said the downturn is only halfway…

Ripple (XRP) Skates Market Slump with 27% Surge in 3-Day Rally

The price of XRP, the native cryptocurrency of Ripple’s blockchain network, has increased by 27% in 3 days. The rally of XRP comes during a period in which most major cryptocurrencies have been struggling against the U.S. dollar amidst a…