Coronavirus concerns did not cause the Bitcoin price to spike 15%, but here’s what actually didBTC $9739 (+0.9%) • ETH $213 (+4.3%) • XRP $0.28 (+1.7%)
📈Ad: Trade with $0 Commissions on the ShortHop Crypto Marketplace. Learn more Top news🦠 Coronavirus concerns did not cause the Bitcoin price to spike 15%, but here’s what actually did 💸 Pantera Capital and Square just bet $14 million on this Seattle startup to take on Ripple ⚡️ Lightning Labs closes $10M investment round to release first merchant product Following BTC hashrate, Bitcoin’s energy consumption is on the riseDespite the efficiency improvements that BTC mining hardware has experienced over the years, Bitcoin’s electricity consumption is on the rise, according to a recent report. Yahoo Finance and Investing.com post a fake news article claiming Bitcoin is down 56%Earlier this week, Yahoo Finance and Investing.com both posted and shared an article that falsely claimed Bitcoin’s price plunged almost 56 percent in a single day. Major crypto conferences across Asia are being put on hold because of the coronavirusThe rapid spread of the widely feared Coronavirus has sent shockwaves across the global markets and has even led some crypto analysts to note that investors flocking to safe-haven assets as a result of the virus’s spread has bolstered Bitcoin. Analyst: Bitcoin to see far-reaching selloff after tapping range highsBitcoin’s 2020 uptrend has once again extended even further, allowing the cryptocurrency to set fresh year-to-date highs earlier today when BTC rallied to over $9,800 before tapping some strong resistance that halted the rally. More reading🚀 Binance Futures launches Tezos perpetual contracts as XTZ breaks above a multi-year resistance level 🤖 Charles Hoskinson says a lot is happening underneath the surface for Cardano (ADA) ⛏ Mining company suing Bitmain, Kraken, Roger Ver over the Bitcoin hash wars sees case dismissed Featured event🇹🇷 IstanBlock 2020 - April 9-10, 2020 - Culminating at the end of a week’s worth of incredible side attractions, exhibitors and speakers from the world of blockchain and crypto, IstanBlock 2020 will allow you to rub shoulders with blockchain experts, government leaders, business tycoons and of course top tier media outlets that specialize in sharing news and information from this ever-evolving space. Learn more Featured sponsors🇺🇸 ShortHop - ShortHop by Velocity Markets Inc. is a U.S. based marketplace that lets you buy, sell and trade crypto online. Currently offering $0 commissions, ShortHop connects to multiple exchanges and gets you the best price available. Learn more 💸 ZenLedger - ZenLedger is a tax software that enables you to import cryptocurrency transactions, calculate gains and income, and auto-fill tax forms like 8949, Schedule D, FinCen114 & FBAR. Learn more ⛱ LocalCryptos - LocalCryptos is a peer‐to‐peer custody‐less encrypted marketplace for buying and selling ether over‐the‐counter. Learn more 📈 AMFEIX - AMFEIX groups investors' funds into a pool that is managed by experienced traders on liquid exchanges. Our team of professional technical traders and analysts execute open market operations on a daily basis and make profits from the volatility. Learn more 🧠 Bitsmax - an innovative service, based on neural network, that allows you to make passive and stable profit, even if you absolutely do not understand cryptocurrencies. Just make a deposit and start your way as crypto investor with Bitsmax! Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |