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Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms
20.3.2020
On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage last week. The entire cryptoconomy gained a quick $39 billion during Thursday and Friday’s trading sessions and global trade volume has spiked significantly as well....
80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study
20.3.2020
Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
Cryptocurrency Trading: How to Get Started
19.3.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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You’ve probably been hearing more and more about cryptocurrency these days. Perhaps you did your research on it, and now you’re ready to jump into the mines and get going! Does that sound...
Shadow of Steem: Crypto Exchanges Choose to Govern User Deposits Differently
19.3.2020
In view of the Steem fiasco, Cointelegraph examines how some of the most popular exchanges handle user deposits: Do they lend them out, stake them or leverage them?
Thousands of These Computers Were Mining Cryptocurrency. Now They’re Working on Coronavirus Research
19.3.2020
CoreWeave, the largest U.S. miner on the Ethereum blockchain, is redirecting the processing power of 6,000 specialized computer chips toward research to find a therapy for the coronavirus. These graphics processing units (GPUs) will be pointed toward Stanford University’s Folding@home,...
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Tax Expert: IRS Crypto Question ‘Unconstitutional,’ Card Points, Flyer Miles Could Be Virtual Currency
19.3.2020
While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question about cryptocurrencies, what is lesser discussed are the legal ramifications this may have for filers who answer incorrectly. The vague nature of the yes or no inquiry has one tax expert doubting...
12 Platforms Allowing You to Trade Gift Cards With Cryptocurrencies
19.3.2020
In an emergency situation like the current coronavirus pandemic, anything can turn into currency as the fiat system may experience cash shortages and devaluation. Cryptocurrency users have options to trade bitcoin beyond traditional money. A number of platforms will let you exchange...
Cryptocurrency Custodian BitGo Expands Crypto Insurance Policy
19.3.2020
A new insurance service covers crypto assets held by BitGo over the standard $100 million limit
Pantera-Backed DEX Sparkswap Shuts Down Due to Weak User Base
19.3.2020
In a blog post, the exchange states that it was unable to attract a large enough user base to sustain future operations
Chainalysis Says Bitcoin Price Stable for now, but Future Uncertain
19.3.2020
With the price of Bitcoin falling to $3,000s last week, Chainalysis looks at what happened and predicts future market trends
Binance P2P Adds Five New Fiat Currencies in Latin America
19.3.2020
Users of the Binance P2P trading platform can now buy and sell crypto with five new Latin American fiat currencies
Huobi Derivatives Introduces Circuit Breaker and Partial Liquidations
19.3.2020
Amid turbulent markets, Huobi’s derivative markets arm announces a new liquidation mechanism
Dollar-Backed Stablecoins Are Holding Their Own Amid Coronavirus Chaos
18.3.2020
As the global equities markets continue their free fall, stablecoins seem to be weathering the storm
Billion-Dollar Bitcoin Lawsuit Continues – Craig Wright Ordered to Pay $165K in Legal Fees
18.3.2020
While the cryptocurrency community deals with floundering market prices, the billion-dollar Kleiman v. Wright Lawsuit continues in Florida. On March 17, a court filing shows that the self-professed Bitcoin inventor Craig Wright has been ordered by the judge to pay $165,500 in attorney fees. U.S....
Coronavirus Financial Crash Is Bitcoin’s Biggest Test, BitMEX Says
18.3.2020
Bitcoin now faces its biggest test in the form of global coronavirus financial market crash, BitMEX Research says
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
Can Cryptocurrency Replace Fiat Currency?
18.3.2020
We use money every day for bills, shopping, deliveries, etc. Not all people use the same currency, though. Some people are more traditional and prefer to stick to fiat currencies, while others have more confidence in technology and try to keep up with the latest trends by using cryptocurrencies....
Indian Ministry Reveals Investigations Into Bitcoin Businesses
18.3.2020
Indian parliamentarians have recently questioned the Minister of State for Finance and Corporate Affairs about the activities of crypto companies