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While the true impact of the COVID-19 pandemic on the global economy is yet to be ascertained, it has become increasingly clear that many investments and financial instruments could take years to fully recover, if not a decade. The cryptocurrency market, however, appears to oppose that notion, with many assets such as Bitcoin showing off strong performances in recent weeks.

In previous installments [which you can read here — part 1 and part 2 ] of our three-part series on the impact of COVID-19 on the crypto market, we took a look at the factors that led to crypto’s surge in demand as well as the rapidly diminishing correlation between crypto and equities. …


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On March 12, 2020, Bitcoin prices dropped by 38% over a 24 hour period, making it the third-biggest crash in the cryptocurrency’s decade-long lifetime. Simultaneously, the S&P 500 index suffered its greatest single-day percentage loss since the 1987 stock market crash. While the crypto and global equity markets have historically remained uncorrelated, 2020’s Black Thursday event bucked that trend in a major way. So how did crypto investors and the rest of the industry respond to this drop?

In this article, we answer that question and try to understand what the future of the cryptocurrency market could look like. This is the second article in our three-part series on the effects of COVID-19 on the digital currency asset class. …


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Within the span of a few short months, the ongoing COVID-19 pandemic has affected financial markets around the world, causing widespread volatility and disruption to business activities. The S&P 500, one of the world’s largest indices, logged its worst first-quarter performance in history, with many stocks posting double-digit losses, a metric previously unheard of in equity markets. The crypto market stands in a precarious position during this pandemic, serving as a gold-like hedge to some and a sound investment instrument to other investors.

In this first of three articles on COVID-19’s impact on the crypto market, let’s take a look at how the digital currency industry responded to the pandemic during its initial few weeks, and analyze how adoption and other metrics could change from here on out. …


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The world is reeling from the rapidly escalating COVID-19 outbreak, and it has become necessary to consider the responsibility and steps that each of us needs to take to handle the situation both personally and professionally. There is perhaps no question that the spread of the virus has accelerated of late, reaching new regions and affecting more communities globally than ever before.

What then is the solution? According to many experts, controlling and curbing the spread of COVID-19 will require the universal co-operation of all facets of society and massive changes to our current lifestyles. To that end, the term ‘social distancing’ has become increasingly prominent in the news cycle of late. Simply put, social distancing involves cutting back on in-person social interactions as much as possible to reduce the possibility of transmission. …


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For the crypto industry, 2019 was a rollercoaster ride with new highs and new lows. The industry is in the midst of major transformation and a handful of top trends are leading this change.

So far in this series, we’ve looked at various trends that have started to rear their head in 2020. In this final instalment, we turn our attention to cryptocurrency in retail as well as decentralized finance projects, and what these two new avenues mean for the future of the market.

Retail Adoption on The Rise

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For most of its history, crypto has actually been treated as a financial commodity and less like a medium of exchange or an alternative to fiat money. Consequently, it may surprise some that major companies like Overstock.com, Newegg, Microsoft, PayPal, and Shopify all accept cryptocurrencies. Overstock, in particular, accepts over 40 altcoins and was the first company to boast crypto as a mode of payment. …


Thousands of institutional investors have already made big investments in the crypto space in 2019 alone. Will this trend continue in 2020?

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So far in this series, we’ve covered some of the biggest trends currently unfolding in the crypto industry, including the recent increase in regulatory vigilance, rise of Central Bank-endorsed Digital Currencies (CBDCs), and decentralized exchanges. In this article, we explore what we believe is the biggest trend, one that will possibly go on to change the industry forever: the involvement of institutional investors in the cryptocurrency market.

While major institutional investors have expressed interest in adding cryptocurrencies to their portfolios, many do not because of a lack of proper mechanisms and regulatory clarity. This has started to change over the past two years, however, with almost the entire cryptocurrency ecosystem, including developers, startups, and established companies, working on simplifying and abstracting the technical nuances of cryptocurrency investment. …


By Alluva on The Capital

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In the previous part of this four-part series on the top seven crypto trends to watch out for in 2020, we took a look at an increasing trend of regulatory presence in the crypto industry as well as the rise of Central Bank-endorsed Digital Currencies (CBDCs) and corporate coins. In this second part, we look at two more major trends that we believe will shape the crypto industry in 2020 and beyond.

Decentralized Exchanges Will Continue To Grow

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While the early days of the crypto market were dominated by centralized exchanges such as Mt. Gox, security shortfalls and other dubious practices prove that there is a large market for a decentralized alternative. …


So far cryptocurrencies have been the wild west of the finance world, and that’s set to change. But how? Discover more.

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2019 turned out to be an extremely eventful year for the cryptocurrency market, especially in comparison to the previous year’s lackluster growth. Previous growth and adoption records were broken, and new ones were set. We also saw quite a lot of new cryptocurrencies being launched (and getting popular) as well as institutional investors not only showing interest in cryptocurrencies but also actively including cryptocurrencies in their portfolios. All in all, we ended 2019 on a high and the new decade shows nothing but promise for the industry.

Having said that, we do expect the industry to drastically transform in the near future. By closely monitoring the global market throughout the year, we’ve identified seven major crypto trends to watch out for in 2020 and beyond. …


Bitcoin halving is around the corner. But what is it? And how will it impact the cryptocurrency's price? Learn more.

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Unlike every single fiat currency on the planet today, Bitcoin was designed to have a finite supply. Satoshi Nakamoto, the cryptocurrency’s creator, made the decision to limit the total number of tokens in circulation to 21 million. The process of creating Bitcoins up to this limit is called ‘mining’ and requires users to solve complex mathematical calculations by dedicating large amounts of computational power. Blocks containing new Bitcoin are mined in 10-minute intervals.

Back in 2009, when the cryptocurrency first debuted, miners would receive 50 BTC for every successfully mined block. After every 210,000 blocks, however, that reward was designed to be halved. This meant that by the end of 2012, miners would receive 25 BTC per block instead of 50. The 50% reduction algorithm went on to be colloquially termed as ‘block reward halving’ in the cryptocurrency community. …


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Over the years, the cryptocurrency market has developed a reputation for being volatile and unpredictable. However, even though crypto valuations can rise and fall in short periods of time, investor confidence in the market as a whole has never wavered. This is perhaps most evident by the fact that the market has an astounding total value of over $230 billion. In the following sections of this article, let’s understand the primary factors that influence volatility in the crypto market and how you can minimize your portfolio’s exposure to its harmful effects in the future.

2017 was among the cryptocurrency market’s most turbulent and volatile years in recent history. Bitcoin, the largest digital currency by market cap, started the year with a valuation of $1,000, only to enter 2018 with a price of approximately $14,000. Other cryptocurrencies have experienced similar price swings as well. Ethereum, for instance, has appreciated 54,519% since its initial coin offering (ICO) in July 2014. Early investors of Basic Attention Token (BAT), on the other hand, have witnessed a more modest 801% profit over the past three years. …

About

Alluva

Alluva, the largest global analyst platform, rewards users for their cryptoasset predictions, and gives institutional investors tomorrow’s prices, today.

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