Relax: Three Crypto YouTubers Calm the Waters in a Volatile Market

Relax Three Crypto YouTubers Calm the Waters in a Volatile Market

Bitcoin is below $4000, and the declarations of death are increasing. According to Bitcoin obituary, this is the 323rd time that Bitcoin has been declared dead. And it makes sense. The Current State of the Crypto Market Since December 2017, Bitcoin price has lost 80% of its value. No one would declare that is a … Continue reading Relax: Three Crypto YouTubers Calm the Waters in a Volatile Market

European Union Central Bank Will Not Add Bitcoin to Reserves, Says Bitcoin Is Not a Currency

The European Central Bank recently held a Q&A session in which they took questions from Twitter users. The Q&A session saw the ECB decline to recognize Bitcoin as a currency, quoting the ECB’s Chief Economist. Moreover, the ECB also said that it would not add any Bitcoin to its currency reserves. ECB Chief Economist: “Bitcoin … Continue reading European Union Central Bank Will Not Add Bitcoin to Reserves, Says Bitcoin Is Not a Currency

FINMA Says Banks Should Have A Risk Coverage Of 800% for Crypto

crypto risk

FINMA is a Swiss Financial Market Supervisory Authority who has advised banks and other financial institutions to use a risk coverage for cryptocurrencies of 800 percent of the current market value, according to recent news. What does a crypto risk coverage of 800 percent mean? The major local news outlet Swissinfo saw a copy of … Continue reading FINMA Says Banks Should Have A Risk Coverage Of 800% for Crypto

Minor Market Movements as Total Cryptocurrency Market Cap Recovers

October 17: the last couple of days has seen the price of the major cryptocurrencies recover somewhat, following last weeks sharp decline, which threatened to plunge the total cryptocurrency market capitalization below the $200 billion barrier. The substantial drop experienced by virtually all major cryptocurrencies on October 10th has now been more or less remedied, … Continue reading Minor Market Movements as Total Cryptocurrency Market Cap Recovers