The cryptocurrency market has been on a tumultuous path as of late, with the backdrop of global geopolitical unrest and historic legislative activity. Bitcoin, the leading cryptocurrency, has shown resilience, rebounding from a weekly low triggered by uncertainty to rally on news of a potential ceasefire and positive regulatory progress....
Bitcoin, repeatedly promoted as a safe-haven asset, has this week shown its mettle amid soaring geopolitical tension. The cryptocurrency fell below $99,000 temporarily after reports of U.S. and Israeli bombing of Iranian nuclear sites. Yet, it immediately recovered and shot back up over $101,000. This rapid recovery prompts the question:...
Bitcoin got battered, crashing to $103,500. Traders were reducing their risk tolerance ahead of the Federal Open Market Committee’s (FOMC) meeting announcement. The decision came in the context of rising geopolitical tensions, especially with the Israel-Iran conflict. This positive disposition contributed to risk-off sentiment across the entire market.Bitcoin’s price action...
We live in a world on edge. The United States and China are rapidly descending into a silent economic war. Russia’s continuing invasion of Ukraine has rattled markets across the globe. Economic sanctions are the new normal. At the nexus of it all, looking in from the outside, is the...
In 2009, an anonymous revolutionary under the name Satoshi Nakamoto introduced Bitcoin, the first decentralized digital currency. Bitcoin’s origins as an idea stemmed from the 2008 economic crisis, such financial unrest paved a way for a new decentralized currency. Bitcoin has hijacked the idea of decentralization. Today it stands for...
Cathie Wood, the influential investor and CEO of Ark Invest, recently emphasized the growing dominance of decentralized finance (DeFi) over traditional financial systems. Wood’s comments were made in response to a post by Ark analyst Lorenzo Valiente on X. He touted the considerable progress that DeFi has achieved in areas...
Cathie Wood, the founder of Ark Invest, has made a bold claim: DeFi, or Decentralized Finance, is a "financial services revolution." This announcement has already caused an extraordinary amount of debate between the financial industry and crypto communities. BlockTraderHub.com explores the data powering DeFi’s explosive growth. He then contrasts this...
In fact, Bitcoin’s price movements seem to track the expansion of global liquidity almost tic-for-tac. If additional monetary stimulus comes to fruition, this cryptocurrency would likely rocket to new all-time highs. Look, bitcoin has an implied price correlation with global M2 liquidity of over 84%. This very robust relationship speaks...
Ethereum price drop against Bitcoin has made some investors and analysts nervous. Since December 2021, Ethereum has crashed by around 77% in price compared to Bitcoin. The fall has been pronounced, and it’s stopped short of recovering to its all-time high of $4,760 set in November 2021. So, in response,...
So, another NFT project. This time though, it’s not pixelated punks or algorithmically generated apes. It's a nuclear bunker. Out in Rutland, England, there’s a genuine Cold War relic. Dead Bruv (Meatbags) has been looking at it, just waiting to spend their 100,000 digital tokens. And they want to make...
