Ever since the COVID-19 pandemic started to grip the world’s economy three months ago, Bitcoin has been seemingly correlated to the S&P 500. Below is a chart of Bitcoin with the futures of the leading index (in blue). As can be seen, save for some slight deviations in the middle and right-hand side of the [...]

The post Prominent Billionaire Doubles Down: Bitcoin Is Still the Most Uncorrelated Asset appeared first on Blockonomi.

One of the most anticipated events of 2020 within the cryptocurrency industry has taken place. Bitcoin underwent its third halving after AntPool successfully found block 630,000. Now, the rate of issuance of the flagship cryptocurrency has dropped by 50 percent. Consequently, miners will be rewarded 6.25 BTC per block for the next four years, which […]

The post Bitcoin goes through the “most brutal” halving ever recorded; here’s why appeared first on CryptoSlate.