This week’s edition of Huobi Research Weekly is out now.
We’ve teamed up with Huobi Exchange to provide key market research and data each week for digital asset investors.
Each week, investors can expect key blockchain technology research, industry analysis, application innovation and economic model explorations.
Huobi Research Weekly aims to provide participators of the cryptocurrency market with the most up-to-date and comprehensive database to help them facilitate the decision-making process.
You can read this week’s report here: https://bit.ly/BloqportHuobi
The moment Bitcoin has been waiting for has finally arrived.
Over the last few days, almost everything has been falling with the number of new coronavirus cases and fatalities increasing.
Yesterday, the DOW Jones dropped 3,000 points with a 12.9% selloff (the biggest percentage drop in history) and the S&P 5000 dropped almost 12% at its fastest pace ever.
What we are witnessing are markets around the globe falling into bear markets (dropping more than 20% from their peaks) and a global liquidity crisis across the board that can quickly become a widespread economic shutdown, which we explained in our previous post.
Essentially, credit markets have been severely hit, causing…
Bitcoin is a safe haven, just not how we expected.
The Coronavirus has truly been the black swan event that no one was expecting.
With what’s become known as “Black Monday”, this week started with a global stocks sell-off and major indexes swung dangerously close to the first bear market in more than a decade as Coronavirus fears grip the world.
The US benchmark indices posted one of their largest one-day selloffs in decades, dragging Bitcoin down and all other cryptocurrencies with it.
- The Dow Jones plummeted 10%
- The S&P 500 and Nasdaq both dropped over 9%
- Bitcoin plummeted 20%
- Based on historical volatility, -9.5% …
Despite being up 9,000,000%, Bitcoin still has a long way to go.
Before we begin, it’s important to understand that thanks to the digital age, it has never been easier to access knowledge and information through inexpensive mobile technology.
Making it possible for any individual, anywhere in the world, to participate directly with a swipe of a finger on their smartphone.
Throughout history, however, asymmetrical financial opportunities have been made exclusively accessible for wealthy aristocrats and the upper echelons of society.
Similar to the way through which the internet internet broke the monopoly on information, Bitcoin is set to break the monopoly on finance. …
