Industry players said Bitcoin’s (BTC) price could be impacted once U.S. governing bodies lift COVID-19 prevention measures, such as stay-at-home orders and business closures. “When the world economies begin to recover and come back online after printing, in the case of the U.S. government trillions of dollars, Bitcoin will most likely become more bullish than we’ve ever seen it,” Metal Pay CEO Marshall Hayner told Cointelegraph in a message, adding: “Altcoin markets with solid foundation and utility with strong usage will potentially move beyond previous heights as we will…
Day: April 17, 2020
More Crypto Development Means More Trading Returns, Findings Say
A new report preprint shows a correlation between crypto asset prices and their code developers. “We reveal that the first coding event linking two cryptocurrencies through a common developer leads to the synchronization of their returns in the following months,” said a preprint research report titled, From code to market: Network of developers and correlated returns of cryptocurrencies. It’s all in the code Destined by their code underpinnings, cryptocurrencies hold internal laws and guidelines concerning a number of aspects, such as security and availability, the beginning of the 37-page report explained. …