Not So Safe Haven? Signs Suggest Bitcoin Might Still Be a Risk Asset

in #news5 years ago

Not So Safe Haven? Signs Suggest Bitcoin Might Still Be a Risk Asset

"Bitcoin and the equities markets both took a tumble this week, leaving many to wonder if BTC is more safe haven or risk asset."

Read more: www.coindesk.com

More news sources

Bear Market Sees Bitcoin Volume Approaching Yearly Low Once Again

Earlier today, on October 14, the price of Bitcoin experienced an abrupt increase from $6,300 to $6,410 within minutes. The unexpected rise in the Bitcoin price led traders to be optimistic about the short-term trend of the crypto market, as analysts prev...

Read more: www.ccn.com

Zambian Central Bank Declares Bitcoin Is Not Legal Tender

The Zambian central bank said on Oct. 12 that cryptocurrencies like bitcoin core and bitcoin cash aren’t legal tender, cautioning that those transacting in such will have no one to blame in the event of market failure. It appears that the bank issue...

Read more: news.bitcoin.com

Ethereum Price Back Above $200 Despite Failed Constantinople Upgrade

After a sudden drop two days ago and hitting a low of $189, the Ethereum price is showing signs of recovery as the $200 level has been broken. Looking at the technicals, the overall trend is unfortunately bearish. However, the good news is that in the sh...

Read more: nulltx.com

Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network

A joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in China and warned of the potential risks that could result from the significant geographical centralization of the m...

Read more: news.bitcoin.com

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