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Bitcoin News Roundup for March 18, 2020
How can you help during the COVID-19 crisis? Some techies have an idea. It's CoinDesk's Markets Daily Podcast.
By John Biggs
Updated Sep 14, 2021, 8:20 a.m. Published Mar 18, 2020, 4:00 p.m.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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Today's Stories:
Bitcoin Faces Another Down Day as Equities Reject Stimulus Efforts
Wave Financial to Tokenize $20M Worth of Bourbon for New Whiskey Fund
Steem Community Plans Hostile Hard Fork to Flee Justin Sun's Steemit
Canadians Get US Jail Time for Stealing 23 Bitcoin in Twitter Scam
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
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