State of Bitcoin Q2 2015: Price Rallies Amid Economic Turmoil
CoinDesk State of Bitcoin Q2 2015 from CoinDesk. CoinDesk's latest State of Bitcoin report is now live, focusing on events in the cryptocurrency world in the second quarter of 2015. This article runs through some key findings from the nearly 100 new slides found in the report. Why 'State of Bitcoin'? The Q2 2015 State of Bitcoin report marks the seventh report in CoinDesk's series. During its creation, we reflected on how much has changed since the first State of Bitcoin was released in February 2014, enough that we felt it worth revisiting the report's title. In short, why should this....
Related News
Market turmoil has intensified in February, and many analysts are predicting that the Fed may make a U-turn on their rates hike decision. In the flight to safety, Gold has extended its rally while Bitcoin looks to be going to ground. This week’s edition of Global Economic Outlook looks at the gold, bitcoin and US dollar charts. Gold has been in a long-term bear market since 2011 when it struck a top just below $2,000/oz. An advance from its December 2015 low, was cynically regarded as just another upward correction prior to additional decline, but surprisingly gold just kept going. Bitcoin....
Fourteen countries have inflation levels above 18 percent right now, 10 of which are rising at press time. Bitcoin prices and new user adoption have spiked several times in the past during economic turmoil such as banking bailouts and hyperinflation. Bitcoin as Safe-Haven Asset. 2016 had more than its share of global economic turmoil, but 2017 is also....
A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warning about cryptocurrency. State-Run Newspaper Warns About Bitcoin Becoming Worthless China’s state-run newspaper Economic Daily published an article warning about bitcoin Wednesday, according to SCMP. The nationwide newspaper is directly under the control of the Central Committee of the ruling Chinese Communist Party. The article warned that investors should beware of the risk of....
In an intriguing turn of events, the cryptocurrency market has witnessed optimistic responses following recent reports of an assassination attempt on the United States former President and Republican Presidential candidate Donald Trump. As information regarding the attempt surfaced, the market and community saw positive reactions, including digital assets like Bitcoin and Trump-inspired coin TRUMP. Crypto […]
A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted to Bitcoin Many Egyptians are drawn to bitcoin amid the coronavirus pandemic, economic crisis, and resulting unemployment, Al-Monitor news outlet reported last week. A bitcoin mining and trading expert, Muhammad Abd el-Baseer, is a leading member of the Bitcoin Egypt Community, one of Egypt’s professional online....