Bitcoin’s perfect storm: A Wall Street giant expects a “new world order”BTC $6862 (-2%) • ETH $157 (-2.7%) • XRP $0.19 (-1.7%)
Ad: StakedWallet is a next-generation crypto-wallet that will boost your returns daily — Sign up now Although Bitcoin investors expected disruption, what has transpired over the few weeks in the global economy has been wholly unexpected, even by some of the most radical thinkers. To stave off the economic effects of the coronavirus outbreak and the subsequent lockdowns placed all aspects of daily life the world over, governments and central banks have gone into overdrive, bailing out everyone in their scopes. There’s also been growing distrust in institutions, accentuated by the below clip of a recent CNBC show in which Chamath Palihapitiya — a noted Bitcoin bull, the CEO of Social Capital, and one of the earliest Facebook executives — lambasted hedge funds and corporations getting bailed out by the White House. More news ⏬Key data metrics flip short for Litecoin as large transaction volume divesIt has been a rough year for Litecoin, with the cryptocurrency incurring some intense selling pressure throughout the past month that has led it to set fresh year-to-date lows over the course of the past few days. Cardano (ADA) update: most problems with PoS solved, Byron reboot bug-freeCharles Hoskinson, the CEO of IOHK, addressed the development status of Cardano in an Easter video update, saying that the ongoing Byron reboot has been successful and bug-free. Chainlink leads market-wide surge as recent technical breakout bolsters price actionBitcoin’s swift break above $7,000 seen earlier today has led the cryptocurrency market to rise concurrently with it, and Chainlink appears to be leading this market-wide rally. Fund manager: Bitcoin price is poised to “pop” due to this reasonOver the past few days, the price of Bitcoin has slid lower after a strong multi-week rally to $7,470, marking a 100 percent increase from the “Black Thursday” bottom of $3,700. What else?💥 Ethereum demand is booming, showing ETH could surge after 15% correction 🧊 Bitfinex whale: This entity could be stopping Ethereum from seeing an “utter meltdown” 🐻 Bitcoin community shocked as Ross Ulbricht shares a bearish BTC analysis Featured event🗓 April 16-17 • Virtual Event This spring the crypto community will head online to participate in the first-ever BlockDown 2020remote crypto conference and hear from visionary blockchain entrepreneurs and business leaders, including global music artist Akon, Co-Founder & Chairman of Akoin, Roger Ver, Executive Chairman of Bitcoin.com, and Bitcoin Educator Jimmy Song. Learn more Featured sponsors☁️ Bitcoin Wallet - Bitcoin Wallet is a cloud-based mobile and desktop cryptocurrency storage and exchange app with a focus on security, speed and convenience. Bitcoin Wallet allows you to use any coins, tokens and blockchains without any restrictions and limits. Learn more 💳 Crypto.com - Founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. With over 1 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of ”cryptocurrency in every wallet” into reality, one customer at a time. 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 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? |