Day: March 20, 2020

Is Bitcoin Primed to Decouple From Legacy Assets?

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Bitcoin has shown substantial stability in the last few days as legacy markets continued to crash, per Bloomberg, March 21, 2020. After the correlation between Bitcoin and the S&P 500 hit an all-time high over the last week, can Bitcoin make a move and set the tone for the revival of its safe-haven narrative?  Stability in Bitcoin Improves Sentiment The strength seen in the Bitcoin market is encouraging for anyone in the space, or any trader actively monitoring charts. Since hitting a bottom of $3,850 on this move, Bitcoin rebounded and is…

Sensorium (SENSO) Gets Listed on KuCoin to Drive Global Cryptomarkets

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Sensorium Corporation has partnered with KuCoin cryptocurrency exchange and launched an in-game currency for Sensorium Galaxy. This move is set to drive cryptocurrency usage given that Sensorium Galaxy users are projected to reach into the millions. Sensorium Corporation is launching a digital currency called Senso Token, for in-game purchases in the Sensorium Galaxy. The token enables users to make gaming-related purchases and exchange game content. Third-party companies involved in Sensorium Galaxy, such as those developing unique locations for customised events as well as gaming content for in-game purchases, will also…

Argentina’s Natural Gas Infrastructure Moving to Blockchain Technology

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Sharing is caring! South American blockchain firm IOV Labs along with Grupo Sabra have launched their Gasnet blockchain network for Argentina’s natural gas distribution system. Gasnor was the first to greenlight the project but was soon followed by Argentina’s gas regulator Enargas who approved the nationwide deployment of the blockchain solution.  “We are very excited to assist Gasnor in bringing more transparency and traceability to the gas industry through blockchain technology powered by RSK and RIF platforms, and by doing so to enable a more cost-effective and service experience to…

Top Investment Instruments | NewsBTC

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In this article, we will explain how you can achieve long-term financial growth. Let’s start with bank deposits and savings accounts – and what makes them absolutely useless. Unfortunately, with each year the profitability of bank deposits decreases – yield rates on deposits go down, and in some countries, they even reach the inflation rate. Let’s take a look at an example from Germany – according to a survey conducted by the Bundesbank, 58% of banks have set negative interest rates on deposits for corporate clients, and 23% have done…

Here’s Why Bitcoin’s 15% Rally Could Fail Near The Key $6,500 Barrier

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Bitcoin is up more than 15% and it broke the $6,000 resistance against the US Dollar. However, BTC price is now facing a huge barrier near the $6,400 and $6,500 levels. Bitcoin managed to rise above the $5,800 and $6,000 resistance levels against the US Dollar. The price is up more than 15% and it is now approaching the key $6,500 resistance. There is a major bearish trend line forming with resistance near $8,000 on the daily chart of the BTC/USD pair (data feed from Kraken). The bulls are likely…