Search
Not Every Country Can Shake The Magical Money Tree Amid Coronavirus Pandemic
15.11.2020
Shamel Azmeh, Lecturer in International Development, Global Development Institute, University of Manchester.
____
COVID continues to ravage societies around the world, and a key issue is how governments can afford to fight it. As economies are disrupted, governments are stepping in to increase...
Bitcoin Bar ‘Room 77’ Shuts Down
19.10.2020
Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing...
6 Stimulus Packages Have Been Proposed to Provide Second Direct Payments to Americans
11.10.2020
Six stimulus packages have been proposed to provide second stimulus checks for Americans. The latest proposal came from the White House on Friday. Several stimulus bills are being discussed as Americans hope to soon receive another round of direct payments to help them through the coronavirus...
Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment
3.10.2020
A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted to Bitcoin Many Egyptians...
Aurus Disrupts the Gold Industry – Today Its Ecosystem Lists at a Value of $75m
1.10.2020
With the US dollar facing headwinds, notably the coronavirus pandemic and an upcoming presidential election that could be among the most contentious in recent memory, gold has taken over as the preferred store of value for many investors. The price of the yellow metal has soared by more than...
Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...
Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus
12.8.2020
Kazakhstan has proposed legislation that would see a 15% tax imposed on bitcoin mining firms. This is part of efforts to raise money to help with the fight against the coronavirus pandemic. Proposed by the country’s Ministry of Economy, the new tax plan requires bitcoin (BTC) miners to first...
Australian Watchdog Warns of Spike in Crypto Scams During Coronavirus Pandemic
24.6.2020
Australia’s Securities and Investment Commission says that between March and May, investment scams of all types rose by 20% as compared to the same period in 2019
Trump Predicts US Economy to Recover by 2021 — Fed Chair, Economists Disagree
7.6.2020
President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error.” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several...
Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg
5.6.2020
Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.” Bloomberg points to quantitative easing and...
How Bitcoin Mining Changed After the Halving
26.5.2020
Bitcoin’s third-ever halving this May was arguably the top crypto event of the year — especially since the coronavirus pandemicContinue Reading
The post How Bitcoin Mining Changed After the Halving appeared first on CoinMarketCap Blog
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...
Debate Over Digital Privacy Amid Coronavirus Pandemic Remains ‘Archaic’
15.5.2020
Cointelegraph interviewed Alogrand founder and Turing Award recipient Professor Silvio Micali to discuss blockchain-based solutions to contact-tracing amid the coronavirus crisis
Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’
7.5.2020
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining...
CoinMarketCap Sees Fewer Chinese Users Amid Coronavirus Pandemic
30.4.2020
CoinMarketCap’s traffic decrease from China coincided with similar action on leading Chinese cryptocurrency exchanges
Blockchain Touted As a Supply Chain Fix Amid Coronavirus Pandemic
28.4.2020
The coronavirus pandemic has revealed significant weaknesses in the supply chains - the information is not being gathered and shared fast enough, including the data necessary for decision-making, nor are the resources deployed where needed. Blockchain is a solution for this, experts believe,...
Bitcoin Car Finishes First in Virtual NASCAR Race Beating National Champion Kyle Busch
26.4.2020
A bitcoin-themed car has won an e-NASCAR race, beating professional Cup Series racers, including Dale Earnhardt Jr. and Kyle Busch. While sporting events have been postponed due to the coronavirus pandemic, many NASCAR drivers have moved to race virtually. Bitcoin Car Wins Virtual NASCAR Race With...
Bitcoin Email Scams 2020: Threatening Blackmail Tactics Used to Demand BTC
24.4.2020
The number of bitcoin email scams has been growing in 2020 and the authorities in several countries have warned of new blackmail tactics used in threatening email scams asking for bitcoin. As the world scrambles to cope with the coronavirus pandemic and economic crisis, email scams are taking...
How is the Crypto Industry Performing Amid Coronavirus Pandemic?
18.4.2020
The global central banks’, such as the IMF, decision to lower interest rates and print more money to tackle the impact of COVID-19 pandemic on the world economy will eventually turn positive for the cryptocurrency industry. Because such a stimulus could weaken fiat currencies paving the way...
China’s Research Institute Updates Crypto Ranking, Review Affected by Pandemic
13.4.2020
China’s Center for Information and Industry Development has published its latest crypto project rankings as the country continues to battle the coronavirus pandemic. A total of 37 crypto projects were evaluated and ranked overall this month as well as in three separate categories. Also read:...