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Tag: Outlook

EIA: CO2 Emissions Will Decline by 11 Percent in 2020

The U.S. Energy Information Administration (EIA) has forecasted that U.S. energy-related carbon dioxide (CO2) emissions will decline by 11% in 2020.  If realized, this decline would represent the largest decline in not only percentage but also absolute terms in EIA’s energy-related CO2 series that dates back to 1949. In EIA’s latest Short-Term Energy Outlook, U.S. […]

The post EIA: CO2 Emissions Will Decline by 11 Percent in 2020 appeared first on NGT News.

Idled Ethereum tokens are on the move suggesting incoming volatility

Ethereum suffered a significant correction over the weekend, dropping more than 18 percent. The price of the second most valued cryptocurrency in the market went from trading at a high of $215 to hit a low of $176 on Monday. Data from Datamish reveals that the recent bearish impulse saw nearly 5,900 ETH worth of […]

The post Idled Ethereum tokens are on the move suggesting incoming volatility appeared first on CryptoSlate.

After Doubling From March Lows, Analysts Expect XRP Price to Plunge 30%

Bitcoin has mounted a strong 6% comeback over the past 24 hours, but this hasn’t stopped XRP from underperforming, posting a gain of 1% in the same time frame. While a small difference, analysts think that this underperformance is a precursor to a strong drop in the price of the altcoin. Two analysts, in fact, expect for XRP to head towards the $0.125-0.13 moving forward. XRP Still Has a Harrowing Outlook In reference to the […]

Bitcoin Edges Higher on Additional $3 Trillion Stimulus Hopes

Bitcoin surged by almost 600 points Wednesday after Federal Reserve Chairman Jerome Powell said additional fiscal stimulus is “worth it” to protect the economy. The benchmark cryptocurrency, while rising, broke its correlation intraday with the U.S. stocks, which closed lower. A top crypto analyst said a global market crash could push Bitcoin further higher. The price of Bitcoin rose Wednesday after Federal Reserve Chairman Jerome Powell’s defeatist remarks on the U.S. economy supported the perceived […]

Cambodia Launches DLT Payments Network, CBDC Imminent

The South-East Asian country of Cambodia is looking to a distributed ledger technology (DLT) network to reinvent their country’s payments and rid themselves of their US dollar reliance.  While at the Consensus Distributed event, the assistant governor and director-general of the National Bank of Cambodia, Serey Chea, revealed the initial plans and set out the […]

The post Cambodia Launches DLT Payments Network, CBDC Imminent appeared first on Asia Crypto Today.

Stocks Slide on Powell Remarks, US-China Worries

U.S. stocks slumped to a three-week low after Jerome Powell warned economic risks from the virus are significant and tensions with China flared. Treasuries and the dollar advanced.

Bitcoin Gets Boost: President Trump Still Wants Negative Interest Rates

Donald Trump Bitcoin

While the stock market has recovered by over 30% since the lows, the “real” economy, so to say is not in a good place. As Chamath Palihapitiya — one of the first Facebook executives and a prominent venture capitalist — said in a recent CNBC “Squawk Box” interview, the economy is now far removed from [...]

The post Bitcoin Gets Boost: President Trump Still Wants Negative Interest Rates appeared first on Blockonomi.

The Fundamentals of Bitcoin Have Never Been Better as Price Tops $9k

Bitcoin

Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback that culminated in an ongoing move to the psychological resistance of $9,000 and beyond. As of the time of this article’s writing, the cryptocurrency has pushed $9,100. Bitcoin’s strength comes as the stock market has seemingly [...]

The post The Fundamentals of Bitcoin Have Never Been Better as Price Tops $9k appeared first on Blockonomi.

Ethereum Long Positions Hit $300M on Bitfinex, And It Can Trigger a Major Correction

Despite the fact that Ethereum has been underperforming Bitcoin over the past few weeks, investors are highly optimistic about the asset. Data from leading exchange Bitfinex, in fact, indicates that traders have a record number of long positions open for the cryptocurrency. Analysts fear that this optimism may end badly as a bearish technical case mounts for the leading cryptocurrency. Ethereum Investors Are Extremely Optimistic According to Bitfinex data shared by Brave New Coin’s Josh […]

Central Bank Digital Currency (CBDC) Guide

Central bank digital currencies (CBDC) were the talk of the industry in early 2020 after China’s state bank, the People’s Bank of China released its digital currency electronic payment (DCEP).  But what are central bank digital currencies? Here is our guide on what the currency is and the outlook for the different central banks in […]

The post Central Bank Digital Currency (CBDC) Guide appeared first on Asia Crypto Today.

Paul Tudor Jones isn’t the only billionaire who thinks Bitcoin is like gold in the 1970s

The crypto industry was pleased to learn that legendary macro investor Paul Tudor Jones believes that Bitcoin poses an attractive investment prospect. The comments regarding BTC came within an investment note regarding the current global economic outlook. He even went so far as to note that the cryptocurrency could be similar to gold in the […]

The post Paul Tudor Jones isn’t the only billionaire who thinks Bitcoin is like gold in the 1970s appeared first on CryptoSlate.

Comparison of 4 Mining Systems: NiceHash vs CoinFly vs Hive OS vs Awesome Miner

It takes more than owning the latest mining hardware in the market to run a profitable crypto mining business. Instead, you need to condition all your mining resources towards achieving an optimized output. This is where crypto mining software enters the fray. Mining software platforms are systems designed for the maintenance, management, and monitoring of […]

The post Comparison of 4 Mining Systems: NiceHash vs CoinFly vs Hive OS vs Awesome Miner appeared first on NullTX.

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