Amid Macro Uncertainty, Bitcoin Stabilizes. Incredible October Stats Inside

Amid Macro Uncertainty, Bitcoin Stabilizes. Incredible October Stats Inside

The world is upside down. Is bitcoin stable now? Or is everything else extremely volatile all of a sudden? As the planet descends into chaos, bitcoin remains in a weird limbo that’s uncharacteristic of the asset and doesn’t seem to end. That’s both what it feels like and what the stats say. In the latest ARK Invest’s The Bitcoin Monthly report, they put it like this, “bitcoin finds itself in a tug of war between oversold on-chain conditions and a chaotic macro environment.” Related Reading: ARK Invest: Despite The 9 Red Candles, “Bitcoin’s Fundamentals Remain Strong” What about the....


Related News

Bitcoin Boom Pulls in Flood of New Investors Despite Macro Uncertainty

Against a backdrop of macro uncertainty, the past month has seen a stellar run of form for Bitcoin. But the number one cryptocurrency by market cap topped out last Friday at $16k, having gained 45% since the start of last month. Source: BTCUSDT on TradingView.com What’s more, with the Bitcoin price tantalizingly close to its […]

Inside Bitcoins Conference and Expo Headed to Las Vegas, October 5-7

Inside Bitcoins Las Vegas will be held October 5-7, 2014 in Las Vegas, Nevada. The Inside Bitcoins Conference series has seen much success with its previous events in Singapore, Hong Kong and London. Now, the next installment will be a three day event to be held in Las Vegas on October 5-7 at the Flamingo Hotel and Casino. CoinTelegraph is proud to announce that it will be taking part as the official media sponsor of Inside Bitcoins Las Vegas.

Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow

The bank is shutting down the SWIFT network as protests rocked the country. The central bank of Kyrgyzstan has disabled cross-border transactions on the SWIFT financial network amid widespread unrest over the country’s disputed parliamentary elections.Aida Karabaeva, an official representative of the National Bank of the Kyrgyz Republic, announced a temporary suspension of SWIFT in Kyrgyzstan in a statement on Oct. 7.According to Karabaeva, the bank decided to suspend SWIFT transactions in order to prevent capital outflows from the country and ensure the safety of assets. The executive....

Blockchain Bites: Sustainability and Uncertainty as Crypto Crosses $1T Benchmark

Amid political chaos and global uncertainty, one bitcoin is now worth more than $39,000 as the value of all cryptos passes $1 trillion.

Inside Bitcoins London – 16. September Live updates

The Bitcoinist.net team headed straight to London to see one of the most important conference of the year! Inside Bitcoins London is promising great presentations. Inside Bitcoins, the leading international conference and expo exploring the business opportunities and threats posed by the growth of cryptocurrencies. After an incredible and busy first day. we continue the conference in London! Stay tuned we are starting shortly with Nick Cary the CEO of Blockchain.info – and so many more! Follow us on Twitter or Instagram!