Trump’s Calls for Negative Interests Rates May Benefit Bitcoin, Says Analyst

The President of the United States has once again called on the Federal Reserve to significantly lower interest rates. For Dan Tapiero, of DTAP Capital, such a “debasement of the dollar” would benefit Bitcoin and other hard, store-of-value assets. Tapiero believes that Trump hopes to drive economic activity by effectively charging customers to hold money […]

‘Time for Plan ₿,’ Says VanEck Exec as Negative Yield Bonds Hit 27%

About $15 trillion or 75 times the Bitcoin market cap is currently tied up in negative yielding bonds Source link

Ripple Price (XRP) Struggling To Recover Amid Negative Sentiment

Ripple price struggled to climb above the $0.3060 level and recently declined against the US dollar. The price is trading with a bearish angle below the $0.3020 and $0.3010 levels. XRP/USD is about to break a connecting bullish trend line with support near $0.2995 on the hourly chart (data source from Kraken). The pair is […]

Ethereum Dives Towards $200 as Sentiment Surrounding ETH Grows Negative

Bitcoin’s recent ascent has proven to be a negative thing for the aggregated crypto markets, as it has led most altcoins – including major ones like Ethereum (ETH) – to plummet as BTC continues to garner greater dominance over the markets. Now, analysts are noting that Ethereum could still see some bullish price action in […]

Ripple Price (XRP) Trend Near-Term Negative, Similar To Bitcoin

Ripple price recovered recently above $0.3100, but struggled to break $0.3140 against the US dollar. The price is currently declining and it might even break the $0.3050 support area in the near term. There is a key bearish trend line forming with resistance near $0.3105 on the hourly chart of the XRP/USD pair (data source […]

Ethereum Price (ETH) Flirts With Key Resistance Amid Negative Sentiment

ETH price remained supported above the $205 level, but struggled to gain traction against the US Dollar. The price is facing a few key resistances near the $212 and $215 levels. There is a contracting triangle forming with resistance near $211 on the hourly chart of ETH/USD (data feed via Kraken). The pair could either […]

Why Bitcoin Matters: Negative Yielding Debt Balloons to $13.5 Trillion

If you told economists twenty years ago about Bitcoin (BTC) and negative-yielding debt, they would be shocked. In the 1990s or even the 2000s, decentralized digital money and a bond that made your money disappear with time would have seemed abstract — quite abstract.  Now, however, these two financial trends, which came to fruition mostly […]

Bitcoin Sentiment in Venezuela Negative, BTC Post Double Digit Losses

Bitcoin (BTC) down 10.7 percent Venezuelans lambast Bitcoin Struggling against rampant sellers, Bitcoin is in a downtrend. In the last day, the coin is down 10.7 percent in 24 hours, but with criticism from Venezuela and Latin America, BTC could print lower in days ahead. Bitcoin Price Analysis Fundamentals Social media activity is a metric […]

Bank of Japan: Cash Prevents Digital Currencies With Negative Interest

Bank of Japan says digital currencies can’t be issued by banks hoping to push through a negative interest rate agenda Source link

New Study: US Dominates Crypto Twitter While Venezuela ‘Most Negative’

Accounting for almost 40% of bitcoin tweets worldwide, the United States looms large over crypto twitter, a new analysis shows Source link