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Negative Interest Rates & Its Potential Impact on Crypto Market

“Negative interest rates? Over my dead body.” Jerome Powell did not say that. But if one were to reimagine the Federal Reserve chairman in a superhero comic book, that is precisely how his dramatized version would have screamed about “the biggest monetary policy experiment of modern times.” In the real world, a less-theatrical Powell conveyed…

Binance vs Coinbase: Which Crypto Exchange Is Better?

In this article, CoinStats delves into the world of two exchanges to know which one is better in the always-heated Binance vs Coinbase competition. The first step for any average Joe who has just decided to venture into the world of cryptocurrency trading is to find that one crypto exchange that brings a decent debut…

2020 Bitcoin Price Prediction – How High Can Bitcoin Go?

Bitcoin price prediction for 2020 is a mix-bag of bearish and bullish cases. Skeptics like Nouriel Roubini and Warren Buffett thinks that the bitcoin price is going to go to zero in the near future. Nevertheless, many believe that bitcoin could attain a six-figure valuation. Last week, Renaissance Technologies’ Medallion announced that it would allocate…

I Am an anti-FUD Bitcoin Op-Ed Piece

Bitcoin is back in the news again. This time, due to all the bad reasons. The benchmark cryptocurrency earlier this month slipped by up to 38 percent from its local peak of $10,540, according to data provided by CoinStats’ cryptocurrency portfolio management app. Meanwhile, it remained stuck in a much larger downtrend after establishing $14,000…

That Big Bullish Bitcoin News is Out

CoinStats’ data feed shows no improvement in the bitcoin price this week. The cryptocurrency has dipped by as much as 24 percent from its local swing high of $10,540. And more likely, it is going to continue its fall as investors focus remains wary ahead of the Federal Reserve’s decision on the next rate cut….

Bitcoin Now Powers an Anti-Hong Kong Police App

Just recently, Apple removed HKmap.live, an application that showed a real-time crowdsourced map of protests in Hong Kong, alleging that it facilitated attacks on individual officers and vandalization of public areas where the police were not available. Kuma, the pseudonymous developer of HKmap.live, said in an interview with Laura Shin that Apple had no evidence…

Is China about to Lift the Bitcoin Trading Ban?

The animosity which was brewing between a country and an emerging financial technology is appearing to come to an end. China is taking its first few steps towards recognizing Bitcoin, a non-sovereign asset, as a groundbreaking innovation. Asia’s richest economy slapped a banking ban on the emerging Bitcoin industry in late 2017, leading to the…

Bitcoin Price Will Hit $11,000, Predicts a Bigwig

Improving technical bias for bitcoin could have it touch the $11,000 level pretty soon, believes Mohit Sorout of Bitazu Capital – a Bengaluru-based Alpha hedge fund. The partner predicted the upside action after studying bitcoin based on Fibonacci retracement levels. As he noted, the cryptocurrency lately bounced wildly from 61.8 percent Fibonacci level. Earlier before,…