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Bitcoin News Roundup for March 30, 2020
Bitcoin is back and Breitling puts watches on the blockchain. It's CoinDesk's Markets Daily.
Updated Sep 14, 2021, 8:23 a.m. Published Mar 30, 2020, 4:00 p.m.
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Todays Stories:
Bitcoin Diverges From Falling Equities With $500 Price Rise
Luxury Watchmaker Breitling Adds Its First Timepieces to a Blockchain
World Health Organization Teams With IBM, Oracle on Blockchain-Based Coronavirus Data Hub
How a Flurry of 'Digital Dollar' Proposals Made It to Congress
Misty Robotics: Say Hello to Your Next Development Platform
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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