Coronavirus

Chinese Blockchain Firm Gets Blacklisted for Exporting Problematic Coronavirus Face Masks

Many blockchain firms and projects try to gain relevance during the coronavirus crisis. One blockchain firm in China can no longer sell medical supplies by order of the government. Companies are scrambling to play their part during the coronavirus pandemic. Blockchain Firm in China Gets Blacklisted That is often much easier said than done, however....
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FBI Warns Crypto Users of Potential Coronavirus Scams

The coronavirus crisis has yielded some very interesting situations, albeit not all of them will be beneficial. Especially when it comes to scams pertaining to cryptocurrencies, the FBI is growing concerned. It is interesting to see the FBI pay close attention to what is going on in the cryptocurrency space. More Coronavirus Scams are Likely ...
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Gold is On Track to Retest 2011 Highs of $1,900 as BTC Consolidates

In brief: Gold is thriving as the Feds and other global Central Banks continually print fiat to cushion against the possibilities of a recession. The IMF has warned that the world is on track to experience its worst recession since the Great Depression of the 1920s. Bitcoin and Crypto enthusiasts have been monitoring Gold in...
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New York Healthcare Officials Show Increasing Interest in Blockchain

Using blockchain technology during a global pandemic would have seemed to be a no-brainer a few years ago. Today, it is anything but a given, although there are some different aspects being explored moving forward. In New York, one particular coronavirus-related blockchain effort is worth keeping an eye on. Blockchain Becomes of Big Interest all...
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Bitcoin’s Value is Likely to Decrease Further as Demand Dwindles due to the Coronavirus

There are many different opinions on whether Bitcoin should be considered a safe-haven asset or not. Cobra, the co-founder of Bitcoin.org, certainly doesn’t seem to be thinking along those lines. Most Bitcoin enthusiasts are quite familiar with the name Cobra. Bitcoin Isn’t a Safe-haven Asset, Cobra Claims For better or worse, this individual often shares...
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CryptoPersonalities Helps Coronavirus Victims Through a Fundraising Auction

The cryptocurrency industry can make a very strong impact during the coronavirus crisis. CryptoPersonalities is currently running a fundraising auction, which will run for a full week. Most people in the cryptocurrency space will have heard of CryptoPersonalities before. CryptoPersonalities and the Coronavirus Crisis It is a very interesting project focused on pixel art characters....
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How Litecoin’s Halving Could Provide Clues to Bitcoin’s (BTC) Future

Quick take: Litecoin’s halving in August 2019, was uneventful with LTC’s price failing to meet the expectations of fans and traders. LTC is frequently considered as Bitcoin’s little brother.  Some analysts believe that first doing technical analysis on LTC could provide insights into Bitcoin’s future.  It is Easter Monday and the King of Crypto followed...
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Why $6,600 is the Level To Watch During Bitcoin’s (BTC) Weekly Close

Quick take: Social distancing has been highly advised globally and especially during this Easter weekend. Many Easter activities have gone virtual as a result. Bitcoin trade volume usually falls during major holidays and Easter is no exception. $6,600 is a key zone to watch during today’s weekly close. The 2020 Easter weekend will probably be...
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A Privacy-oriented Blockchain can Power Coronavirus Tracking Apps

On a global scale, there are growing discussions regarding a coronavirus tracking application. Building such a solution will require a lot of work, especially when it comes to respecting user privacy. As the global pandemic rages on, it becomes all the more important to keep tabs on infection-free regions. Coronavirus Blockchain Solutions Remain Popular In...
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Crypto Scammers Lose 33% in Revenue During Coronavirus Crisis

The global coronavirus pandemic is making its presence felt in the economic segment. Even cyber criminals and scammers are losing out on a lot of money, primarily those targeting cryptocurrency users. Due to the coronavirus, a lot of aspects of everyday life have changed in quick succession. Coronavirus Crisis Affects Scammers’ Revenue When it comes...
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Bitcoin-funded Pre-triage Coronavirus Medical Center in Italy is now Fully Operational

A little while ago, there was a buzz on social media regarding a Bitcoin donation page for coronavirus supplies in Italy. The pre-triage tent waiting to be funded is now officially operational near Rome. Cryptocurrencies can always make a world of difference around the globe. Bitcoin Aids Coronavirus Victims in Italy More often than not,...
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How the 200 Daily MA Could Provide Crucial Support for Tezos (XTZ)

Quick take: The correlation between Tezos (XTZ) and Bitcoin (BTC) is high in the crypto markets. As Bitcoin looks set to revisit previous support zones below $6,900, XTZ has the 200 Daily MA acting as much needed support. The recent announcement of a Tezos token backed by BTC further proves that the future is bright...
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Coronavirus and the Blockchain: Tracking the Authenticity of KN95 Masks

The blockchain can be used for many different purposes, especially during the current coronavirus crisis. It now appears that the authenticity of KN95 masks will be tracked on the blockchain. It has been an interesting period for the United States. Blockchain and the Coronavirus Especially during this coronavirus pandemic, several issues with supply chains and...
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Coronavirus Disrupts Bitcoin Mining Supply Chains, BTC Price Drops are a Bigger Concern

The global impact of the coronavirus crisis should never be underestimated. Even in the Bitcoin mining industry, there are some shockwaves, albeit not everyone is affected in the same manner. A very interesting set of events has taken place in recent weeks. Bitcoin Mining is Still in a Good Place First of all, there is...
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Q1 Crypto Trade Volume Jumps 61%, Bitcoin’s Price Performance Trumps Equity and Gold Markets

For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial incumbents. Despite the market carnage on March...
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Blockchain Projects Bring More Attention to the Coronavirus Crisis

As the coronavirus crisis continues to dominate everyday life, it is crucial to recap efforts underway to address the situation. In the blockchain space, there are multiple efforts underway, highlighting the potential of this technology. It is interesting to see how blockchain technology can be beneficial during the coronavirus crisis. Using Blockchain During the Coronavirus...
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Top Bitcoin Analyst: $7,970 is Possible but a BTC Bottom is Not In

Quick take: Top Bitcoin analyst cautions that a Bitcoin bottom is not in. BTC might retest $7,970 in the right environment. However, if the stock market crashes again, BTC will also go down. The Bitcoin halving is approximately one month away and BTC is currently holding the earlier mentioned $7,200 – $7,300 support zone. The...
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Italy’s Leading New Agency Taps Blockchain to Track Coronavirus News Sources

Blockchain technology has always been a powerful concept that needs to be explored further. It now appears that ANSA, Italy’s leading news agency, wants to use blockchain to prevent the spreading of fake coronavirus news. There are many potential use cases for blockchain technology today. Blockchain Solutions During the Coronavirus Crisis Exploring opportunities in the...
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Coronavirus Lockdown Sparks Interest in Bitcoin Courses

Bitcoin has always intrigued the masses, although that doesn’t automatically result in more BTC holders. One interesting development is how more people are trying to learn more about Bitcoin through online courses as of late.  Finding out about cryptocurrencies tends to open people’s eyes. Bitcoin Courses Become More Popular due to Coronavirus The current global...
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Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion

Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are...
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Coronavirus Crisis can Become a Catalyst for Bitcoin Adoption

The financial repercussions of the coronavirus pandemic is very difficult to predict. Some people expect a major insolvency cascade to take place, eventually forcing people in the direction of Bitcoin and other crypto assets. Various banks and governments are scrambling to keep their economies afloat. Coronavirus may Force People to Embrace Bitcoin That is easier...
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Monopoly Darknet Market Bans Vendors Peddling a Coronavirus Cure

The coronavirus crisis has created shockwave after shockwave across different industries. Even darknet market operators are cracking down on anyone selling necessary supplies or potential cures for COVID-19. Monopoly is one of the many darknet markets still in operation today. There is no Confirmed Coronavirus Cure yet While it allows for the sale of virtually...
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Bitcoin (BTC) Reclaims $7,000 as Global Efforts Against the Coronavirus Start to Bear Fruit

In brief: Bitcoin (BTC) has this morning reclaimed the $7,000 value once again.  Its movement is amidst global reports of some countries winning the war against the Coronavirus.  With halving only days away, Bitcoin might continue with its upward trajectory.  In our Saturday analysis of Bitcoin, Ethereum World News had advised a ‘wait and see’...
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Crypto Projects Extend a Helping Hand During the Coronavirus Crisis

Cryptocurrency and blockchain projects are coming together to play their part during the coronavirus crisis. Waves is the latest project to get involved, as a charity campaign has been launched. The coronavirus crisis has shown the world how donations are more than necessary these days. Coronavirus Efforts by Crypto Projects Raising money can be very...
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Blockchain Project MiPasa Fights the Good Coronavirus Fight

It would appear that blockchain technology can make a genuine difference when battling the coronavirus crisis. The previously announced MiPasa venture is getting a lot of attention, indicating that its parent company is on the right track. The global coronavirus crisis continues to dominate everyday life for most of the world’s population. MiPasa Keeps Forging...
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Doctors Aiding With the Coronavirus Crisis in Venezuela Will Each Receive 1 Petro

Venezuela President Maduro has an interesting opinion on how cryptocurrencies will work exactly. In fact, he is trying to bring more positive attention to the Petro by airdropping some to doctors helping out with the coronavirus pandemic. The Petro remains a very controversial cryptocurrency project. Petro Airdrop Won’t Make Much Difference Its value is seemingly...
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Ripple Co-Founder Successfully Recovers From the Coronavirus

The coronavirus crisis can affect anyone in the world, regardless of age, ethnicity, occupation, or religion. Former Ripple CEO Chris Larsen was recently diagnosed with COVID-19 but has made a successful recovery. The number of global coronavirus cases is on the rise at an alarming rate. Former Ripple CEO Fully Recovers All of the current...
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Bitcoin Records Highest Price Since Crisis Began, Sign For The Near Future? The Crypto Weekly Update

Bitcoin had a relatively good week of trading as it recorded its highest price since the coronavirus crisis began in March. Yesterday, BTC peaked at above $7,200, marking an impressive daily run that sent the entire cryptocurrency market well in the green. The majority of altcoins were also charting double-digit increases. Since then, Bitcoin’s price...
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Bitcoin Depot Shuts Down Several ATMs due to Coronavirus Crisis

The coronavirus crisis affects many different businesses and industries. Even Bitcoin ATM operators cannot escape this problematic trend, as Bitcoin Depot is shutting its machines temporarily. The world as people knew it has perhaps changed forever since the coronavirus crisis. Coronavirus Spoils Bitcoin Depot’s Momentum Several facts of everyday life may never return to who...
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Spanish Tax Watchdog Tightens Cryptocurrency Oversight Despite COVID-19 Pandemic

The dreadful situation in Spain caused by the COVID-19 outbreak is not delaying local authorities to send notices to taxpayers. Those include traders and investors in cryptocurrencies, who have quadrupled in the past year to 66,000. Spain To Tax 66k Crypto Investors The Spanish Tax Agency (Agencia Estatal de Administracion Tributaria or AEAT) began sending...
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