Search
Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisis
4.4.2020
Malaysia’s Securities Commission has given full approval to a cryptocurrency exchange operator to legally operate in the country despite the nationwide lockdown due to the coronavirus pandemic. Recently, Japan also approved a new cryptocurrency exchange as the country continues to fight...
Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela
4.4.2020
Venezuela’s President Nicolas Maduro has announced that he is airdropping cryptocurrency to every doctor in his country as a token of appreciation for their work to combat the coronavirus outbreak. The national cryptocurrency, the petro, will be distributed via the Homeland card (Carnet de...
Nationwide Lockdown: Indian Cryptocurrency Exchanges See Signups and Trade Volumes Increase
3.4.2020
India is currently under a nationwide lockdown due to the coronavirus outbreak. News.Bitcoin.com talked to executives of local cryptocurrency exchanges to find out the impact of the lockdown on cryptocurrency trading. They revealed that more people are actually trading cryptocurrencies on their...
This Crisis Is Good For Bitcoin, But Beware of Recession - Luno CEO
31.3.2020
The current global crisis is good for crypto as it shows the dysfunctionality of the existing system, according to Marcus Swanepoel, co-founder and CEO of crypto exchange Luno. However, in case of a global recession, this nascent industry might be hit hard too, he warned.
Crypto was born out of...
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...
Can CBDC Help Recover From Coronavirus Recession And Lead To Bitcoin?
29.3.2020
Equestrian statue of the Duke of Wellington in front of the Bank of England. There is a general consensus that the global economy is heading for a sharp recession. The economic output will contract, but there are, at least, certain innovations that can be implemented to mitigate...
Stablecoins Will Have to Adapt to Survive Coronavirus Recession
28.3.2020
Stablecoins are facing new challenges. With USD interest rates hitting 0% and US Treasury yields turning negative, it's becoming increasingly hard to earn a profit simply by holding USD in reserve or by purchasing US Treasury bills.
While some stablecoins operate using alternative business models...
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%
S Korean Province to Fight COVID-19 Recession with Stablecoin Handout
25.3.2020
Suwon, the capital of Gyeonggi Province. South Korea was one of the first nations after China to be hit with a major coronavirus outbreak. But as the health crisis slowly abates in the East Asian nation, government authorities are now looking at ways to deal with COVID-19’s economic fallout.
But...
Bitcoin and Gold: Evaluating Hard-Cap Currencies in Times of Financial Crisis
23.3.2020
How would a bitcoin economy react to coronavirus? For now, we don’t know. However, we can turn to a proxy for insight: gold
House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession
23.3.2020
Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar
Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights
21.3.2020
In the wake of the coronavirus outbreak and a looming recession, U.S. President Donald Trump and his administration are contemplating halting stock markets next week. The White House is currently considering grounding all passenger planes and ordering a nationwide shelter. However, bureaucrats from...
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...
China’s Changing Perception of Bitcoin: Bitkan CEO Shares Insights After 7 Years in Crypto Industry
20.3.2020
Since the advent of bitcoin in 2009, cryptocurrencies have gone from being a niche topic for tech nerds to ubiquitously recognized — if not always understood — staples of modern finance. Bitkan CEO Liu Yang recently took some time out to give news.Bitcoin.com a peek into the Chinese...
US Economist Claims That Country is in Recession Due to Covid-19 Outbreak
20.3.2020
Michelle Meyer, a top U.S economist of Bank of America, has shocked the global financial space by laying out a warning note for the investors stating that the U.S is undergoing a recession period triggered by the uncertain situations created by the coronavirus pandemic. The bank has revealed that...
How Long Will the Market Downturn Last?
20.3.2020
When will normality return? How long till global markets recover and bitcoin resumes the bull run it was teasing at before the coronavirus materialized? These are questions that all investors are pondering as the epidemic wreaks havok on gold, oil, stocks and – up until March 19 –...
Spanish Securities Watchdog Halts Short Selling Amid Coronavirus Caused Recession
17.3.2020
Spain has banned short selling for a month, although extension for additional periods is still possible
Market Recession Was a Long Time Coming, Not Coronavirus Surprise: Research
16.3.2020
Market research firm Crebaco that the current market recession was long coming and was not caused by just the Coronavirus
Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support
15.3.2020
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published...
German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic
8.2.2020
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone...