The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will be regulated. However, the bill’s adoption has been delayed due to the...Read More
The novel coronavirus crisis warrants the use of many interesting technologies. Blockchain has been touted as a possible solution, as more and more companies begin to explore this particular option. There are many ways to handle certain aspects of the coronavirus crisis. Coronavirus Testing and Blockchain Technology Blockchain technology may offer a helping hand, when...Read More
The novel coronavirus (COVID-19) took the world by a storm and its spread, and it shows no signs of slowing down. With the total number of infected people getting close to a million, countries around the world are instituting lockdowns to slow down the spread and keep the hospitals from overflowing with patients. A closer...Read More
The coronavirus crisis has caused ample concerns on a global scale. Many businesses are threatened, including a Sweidhs Bitcoin pizza place suffering from a major decrease in revenue. It is evident that in-person spending at physical locations has diminished due to the coronavirus outbreak. Coronavirus Threatens a Swedish Pizza Place This has caused ample problems...Read More
In brief: The Bitcoin dominance on Coinmarketcap is steady at around 65%. Ethereum’s dominance in the market currently stands at 8.23%. In the past few days, ETH has had a hard time reclaiming the $140 support zone. The ETH/USDT 6-hour chart is exhibiting bearish signs that are further confirmed by a possible death cross on...Read More
In brief: Binance Coin was not spared by the crypto market turmoil seen on the 12th and 13th of March. BNB dropped to a level of $6.40 last seen in February of 2019. The prominent alt-coin might reclaim $14 but the general trend is still in a downward trajectory. However, possible news developments at the...Read More
The global impact of the coronavirus crisis cannot be underestimated. It now even seems that the Bitcoin mining industry may face some challenges moving forward, in the eyes of Riot Blockchain. Bitcoin mining requires a set of specific conditions to be met. Riot Blockchain is Concerned As those conditions align, the profitability of the venture...Read More
In brief: Bitcoin has so far defied the Death Cross which is evident on the daily chart. The King of Crypto is currently trading at $6,350, reclaiming the important $6,000 support zone. However, the current price movement is reminiscent of 2018 and could fall further as all markets are affected by the Coronavirus. With the...Read More
The coronavirus crisis is a global pandemic and swiftly approaches 1 million confirmed cases worldwide. Some people still dismiss this threat, including Roger Ver. Not everyone in the cryptocurrency space thinks the coronavirus is worth all of the media attention. Roger Ver Isn’t Worried About the Coronavirus Roger Ver, the promoter of Bitcoin Cash –...Read More
The extreme levels of volatility reached the U.S. dollar as well, and the world’s reserve currency is losing value. It comes only days after the historic $6.2T “stimulus package,” which aims to help individuals and businesses in need. Amid the rising threat of inflation and concerns amongst numerous experts, the cryptocurrency community broached Bitcoin’s scarcity...Read More
It would appear that many people see merit in blockchain technology to fight the coronavirus crisis on a global scale. Algorand is the latest project to throw its hat into the ring, as its new blockchain app launched earlier this week. Algorand is a relatively established project in the blockchain space. Algorand Wants to Help...Read More
Porn sites have been experiencing increased traffic as the number of people under lockdown or quarantine rises due to the coronavirus pandemic. Many of these sites accept cryptocurrencies, including Pornhub. The popular porn site currently offers residents of some countries free premium membership for a limited time to help them stay home during the covid-19...Read More
Many people expected the coronavirus crisis to be beneficial to Bitcoin’s value. So far, this momentum hasn’t played out, and Alex Saunders doesn’t expect things to improve either. The current Bitcoin price momentum has been a bit lackluster. No Bitcoin Price Improvement in Sight Despite some positive momentum earlier this week, things look bleak once...Read More
No one will be surprised to learn how the number of cryptocurrency scams is still on the rise. Especially fake projects pertaining to the coronavirus are popping up globally. Every incident in the world will bring out criminals looking for a quick buck. Coronavirus Scammers Want Your Bitcoin The current coronavirus crisis is no exception...Read More
Trying to address the global coronavirus crisis will require cooperation between companies who would normally be competitors. In the blockchain space, IBM and Oracle are joining forces with the WHO. It is evident that new solutions need to be found to gather information pertaining to the coronavirus crisis. Using Blockchain During the Coronavirus Crisis Especially...Read More
The coronavirus crisis is still taking the world by storm, with little to no improvement in sight. Binance is trying to do its part by launching a new charity venture and aims to raise $5 million in the process. It is good to see the cryptocurrency community come together during this time of crisis. Binance Launches...Read More
In the past seven days, bitcoin managed to add another 10% to its dollar-value as the price spiked from about $6,000 to its current point at $6,600. Yet, most of the time, it traded within a narrow range between $6,400 and $6,700. The overall volume has also declined, and, as such, the volatility decreased. If...Read More
In brief: Today, the US has surpassed China in confirmed cases of the Coronavirus. A total lockdown might be the only option left to curtail the spread of the disease in North America. The Stock markets might experience another dip due to technical and fundamental factors. Bitcoin (BTC) might thus be tested one more time...Read More
During the coronavirus crisis, a lot of focus has shifted to online meetings and virtual communication. All of this seems to indicate that virtual reality will become more popular, even in the cryptocurrency space. Virtual reality remains a very niche technology for most consumers and companies. Exploring Crypto and Virtual Reality It is something no...Read More
Bitcoin fell sharply along with all other assets during the global valuation collapse. Because it tracked with other assets like stocks, gold, and oil, there were more questions about Bitcoin correlation. Is Bitcoin an uncorrelated asset? One that doesn’t consistently move in the same or opposite direction as other securities? The Bitcoin price was uncorrelated...Read More
Not too many people will be surprised to learn numerous scams involving the coronavirus have come to life. One of these scams focusing on Bitcoin, and claims to “infect entire families”. There is always someone interested in using a global pandemic to their advantage. Bitcoin Ransomware and the Coronavirus In this particular case, the criminal...Read More
The Coronavirus crisis has highlighted the information-hungry aspect of society today. One of the more popular tracking websites out there has been developed by a 17-year-old, who also accepts Bitcoin donations to keep the project alive. Tracking coronavirus information can be very challenging. Coronavirus Website Accepts Bitcoin Donations Numerous news outlets try to provide live...Read More
In Brief: The major cryptocurrencies of Bitcoin, Ethereum and XRP are experiencing sideways movement. Only Monero (XMR) is exhibiting noteworthy gains in a 24-hour period. The privacy coin is up over 8% in a day and has its eyes set on the $52 resistance area. In an earlier article, Ethereum World News reminded the crypto...Read More
China is one of the first countries to seemingly recover from the coronavirus crisis. In fact, it would appear that the national blockchain network launch will still go ahead as planned, which is rather surprising. China has made its blockchain ambitions very clear in recent months. China’s Blockchain Project is Still Alive The country will...Read More
The coronavirus crisis has created a lot of logistical problems across different industries. Even companies exploring blockchain ventures are now forced to postpone their venture for the foreseeable future. ASX Is the latest firm to confirm its blockchain project has been postponed. Postponing is the Best Option for ASX This move is not entirely surprising,...Read More
During the coronavirus crisis, investors continue to look for safe stores of value. Although Bitcoin and other crypto assets lost tremendous value, they are also rebounding strongly while other markets continue to struggle. Financial markets all over the world continue to struggle all over the world. Bitcoin Remains a Prominent Investment Option Stocks, precious metals,...Read More
There are many different opinions as to how the novel coronavirus crisis needs to be addressed. Some even claim how blockchain technology can be a valuable ally to the medical supply chain. It is certainly true that blockchain technology is incredibly versatile. Blockchain and the Coronavirus Its concept can easily be applied to many different...Read More
There are not too many upsides to the coronavirus crisis. In the cryptocurrency world, it seems as if Asian traders are suddenly paying attention to Bitcoin and top altcoins again. The impact of the coronavirus outbreak cannot be underestimated. Coronavirus Fears Crate Volatile Markets It has wreaked havoc on the financial markets all over the...Read More
The coronavirus outbreak led to new developments and restrictions in the past 24 hours. The 2020 Tokyo Olympic Games could be postponed, while India inserts a lockdown on 75 districts in its borders. The financial markets reacted adversely today, as U.S. futures and Asian stocks nosedived by up to 10% in some cases. Bitcoin is...Read More
The novel coronavirus outbreak continues to create a fair bit of havoc. Some people seem to believe that this pandemic will be beneficial to Bitcoin’s value in the long run. Many people remain fearful over the novel coronavirus outbreak, for obvious reasons. Will the Coronavirus Help the Bitcoin Price? It remains a global pandemic with...Read More
