Search
IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed
30.3.2020
The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the IMF. Meanwhile, the G20 has reported fiscal measures...
Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K
30.3.2020
Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future...
Algorand Launches Blockchain-Based Global Coronavirus Survey
29.3.2020
Algorand wants both healthy and sick people to fill out its survey, and to update on their condition to generate a database
Global Crypto Community Comes Out in Full Force Against Coronavirus
29.3.2020
With efforts to curb the spread of the deadly coronavirus now in full swing, a number of prominent crypto firms are also taking part
Overstock Plots Global Expansion for Blockchain-Based Agritech Platform
29.3.2020
Medici Ventures has announced that GrainChain will migrate from Hyperledger Fabric to Symbiont’s Assembly blockchain
‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu
28.3.2020
Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central...
Blockchain Jobs Continue to Rise Despite Global Recession
28.3.2020
Despite the global recession blockchain jobs continue to rise at a rate of 3%
Coronavirus Relief: Cryptocurrency Aid Programs Launched to Combat Covid-19 Outbreak
27.3.2020
Cryptocurrencies are being used to help fight the global coronavirus pandemic. Crypto companies are doing their part to provide coronavirus aid to countries, hospitals, and people suffering from covid-19. A coronavirus relief campaign, a Red Cross bitcoin fundraiser, and an investment fund are some...
Making Bitcoin Go Viral: Could Endless Printing Trigger a Hyperbitcoinization Event?
26.3.2020
Hyperbitcoinization has been defined as “a state where bitcoin becomes the world’s dominant form of money.” But what actually needs to happen for bitcoin to ‘go viral’? As it turns out, a hyperbitcoinization event may be more likely than many suspect, especially in...
US Stimulus Plan Is Steadying Global Markets While Crypto Takes a Dip
25.3.2020
The $2 trillion stimulus deal in the U.S. wasn’t enough to keep many cryptocurrencies from taking a dip Wednesday
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...
Binance Charity Launches Global ‘Crypto Against COVID’ Initiative With $1 Mln Donation
25.3.2020
Binance is leading the #CryptoAgainstCovid campaign with a $1 million donation, and pledges to match a further $1 million in public contributions
Global Stablecoins May Be Subject to Securities Regulation, Says IOSCO
25.3.2020
Global stablecoins may be subject to securities laws, says IOSCO, in a new report that could complicate such projects’ embrace of decentralization
Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate
25.3.2020
The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s overall hashrate during the last seven days. Last year analysts noticed a large amount of the hashrate on all three SHA256 networks (BTC, BCH, and BSV) was being...
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
Bitcoin Likely to Turn Up as a Safe Haven Amidst Global Crisis
24.3.2020
Bitcoin, at the time writing, was trading around $6,600 after retreating by $1000 since yesterday, until the time of writing BTC has regained support from the daily Moving Averages as we see steady intermittent uptrends over the past 10 days Impressively, the Bitcoin price trend has been moving...
Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders
24.3.2020
On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins per block to 6.25 coins following the halving. The last time the protocol’s block reward halved was on July 9, 2016, and the global economy looked a whole lot different back then....
Bitcoin: A Global Port in a Market Storm?
23.3.2020
Turmoil in global markets and economies points to a widening interest in bitcoin, argues Noelle Acheson
The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts
23.3.2020
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses...
US Real Estate in Jeopardy – Analysts Predict Housing Market Crash to 29-Year Lows
21.3.2020
As the coronavirus outbreak ravages the global economy, a number of industries are taking a bit longer to feel the brunt of the financial hardship. As individuals watch the value of their investments fall, economists believe the U.S. housing market will crash to 29-year lows amidst a looming global...