Alex Saunders, the CEO of NuggetsNewsAU, is convinced that the tensions between the U.S. and China are going to boost cryptocurrency-based capital flight. Bitcoin and stablecoins are expected to benefit the most from if China weakens its yuan peg. During previous periods of Chinese capital controls $BTC & $CNY have been tightly correlated. With […]
Category Archives: Coins
Bitcoin (BTC)
Bitcoin and Stablecoins Expected to Facilitate Chinese Capital Flight as US-China Tensions Escalate
30
Jan
Jan
Alex Saunders, the CEO of NuggetsNewsAU, is convinced that the tensions between the U.S. and China are going to boost cryptocurrency-based capital flight. Bitcoin and stablecoins are expected to benefit the most from if China weakens its yuan peg. During previous periods of Chinese capital controls $BTC & $CNY have been tightly correlated. With […]
30
Jan
Jan
Cryptocurrency analyst and investor Tuur Demeester says that the era of Bitmain, the Beijing-based mining manufacturer that once enjoyed a near-monopoly on the market, is ‘truly over.’ He also doesn’t expect any other Bitcoin mining company to match its level of dominance in the future: Due to the commoditization of chips and machines, it’s unlikely […]
30
Jan
Jan
Cryptocurrency analyst and investor Tuur Demeester says that the era of Bitmain, the Beijing-based mining manufacturer that once enjoyed a near-monopoly on the market, is ‘truly over.’ He also doesn’t expect any other Bitcoin mining company to match its level of dominance in the future: Due to the commoditization of chips and machines, it’s unlikely […]
30
Jan
Jan
Bitcoin is attempting to break the $9,000 level and continue its victorious march towards $10,000. Meanwhile, trading expert Mati Greenspan is spreading the word about going bullish on the flagship crypto since BTC held support over the weekend. More good news is that the Bitcoin transaction volume has surged almost 120 percent over the past twenty-four hours. Mati Greenspan is bullish […]
30
Jan
Jan
Bitcoin is attempting to break the $9,000 level and continue its victorious march towards $10,000. Meanwhile, trading expert Mati Greenspan is spreading the word about going bullish on the flagship crypto since BTC held support over the weekend. More good news is that the Bitcoin transaction volume has surged almost 120 percent over the past twenty-four hours. Mati Greenspan is bullish […]
30
Jan
Jan
Mati Greenspan and a crypto analyst from Amsterdam, Michael van de Poppe (aka Crypto Michael on Twitter), have come together in a comment thread to discuss the news of the BTC transfer fee dropping from nearly $7 to about half of that. In the course of the discussion, they also trolled PayPal and different altcoins that non-Bitcoin maximalists […]
30
Jan
Jan
Mati Greenspan and a crypto analyst from Amsterdam, Michael van de Poppe (aka Crypto Michael on Twitter), have come together in a comment thread to discuss the news of the BTC transfer fee dropping from nearly $7 to about half of that. In the course of the discussion, they also trolled PayPal and different altcoins that non-Bitcoin maximalists […]
30
Jan
Jan
Bloomberg Intelligence’s analyst Mike McGlone writes that Bitcoin and gold are in the best position to experience price appreciation in 2020: Among the few assets up in 2020, and Bitcoin are building foundations for further price appreciation, in our view. The ongoing pandemic is expected to add ‘rally fuel’ to the two assets that […]
30
Jan
Jan
Bloomberg Intelligence’s analyst Mike McGlone writes that Bitcoin and gold are in the best position to experience price appreciation in 2020: Among the few assets up in 2020, and Bitcoin are building foundations for further price appreciation, in our view. The ongoing pandemic is expected to add ‘rally fuel’ to the two assets that […]