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Showing posts from May, 2020

Crypto Currencies

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Will Ethereum (ETH) continue to outperform Bitcoin? Price of ETH has outperformed BTC both in April (57%) and YTD (64%). Ethereum (ETH)  What is going on with the stock market, and what does it mean for crypto? US GDP shrank by nearly 5% in Q1 and over 30 million Americans have now filed unemployment claims in the last six weeks, but the S&P 500 index gained 13% on the month and is now only down 10% year-to-date. Amidst this economic environment, more and more evidence indicates that institutional and retail investors are looking to both Gold and Bitcoin as an alternative to buying stocks at present valuations. Pre-halving hash rate has rebounded to near all-time highs. The third halving is coming soon, we looked into previous halving cycles. The hash rate has confirmed the rebound we announced in April, and is back to high levels in 2020. Confirmed transactions have slowly increased throughout the month of April; we dive into what it really means and look b