RINO - A multi-signature based enterprise wallet, free for first year of use. RINO is the only enterprise wallet for Monero that has multi-signature security. Designed for teams and organizations, RINO provides features such as spending limits and four-eye approvals. Monero is the number one privacy-focused cryptocurrency in the world. While Bitcoin and Ethereum reveal every transaction to the world, Monero’s unique cryptography provides the privacy that traditional pre-crypto finance takes for granted. Businesses do not, in general, want…
Oil
Bitcoin Seems Correlated with Crude Oil, is Trouble Imminent?
On April 20, crude oil incurred a momentous price decline by 99 percent. This unexpected decline increased the difficulties posed by the coronavirus pandemic. The difficulties are more in nations where fuel is 90 percent of all exports. Due to correlation among traditional assets, the swift decline affected gold and SPX. However, when we examined the cryptocurrency markets, it was discovered that on the same day, Bitcoin incurred a 4.9 percent decline. Bitcoin experienced rejection at $7.2k price level. As at the time…
4 years ago 891 views
Recent Oil Price Crash Sees the Crypto Market Count $26B Loss
On March 9, 2020, a report by CNBC showed that the cryptocurrency industry lost more than $26 Billion in a day, after the recent oil prices collapse, which dropped by almost 30%. Cryptocurrency holders rushed to sell off their stocks after North Sea’s extracted oil benchmark Brent Crude’s futures fell by 34% to sell at $27.34 a barrel, recording its lowest price in four years. Bitcoin, the leading cryptocurrency by market capitalization, crashed by 8%, together with significant altcoins, including…
4 years ago 777 views