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Cryptonews Rewind 2020: Q1 - Missile Strike, COVID-19, Black Thursday


Here is what happened in the Cryptoworld in the first quarter of this year: Total crypto market capitalization in Q1 January The year started with Ethereum (ETH)'s Muir Glacier, announced to be a successful upgrade on the Ethereum mainnet, and the Cryptoverse wondered if Ethereum 2.0 would happen...

The Biggest Video Game Surprises Of 2020


Every year, we run down the best annual surprises from the world of video games. Needless to say, 2020 was not like previous years. That’s why, this year, we’re reorienting our annual tradition to focus on the biggest—not necessarily the best—ones.Read more

Brave Browser Chief Courts Social Media Rage with COVID-19 Comments


Brendan Eich. Source: a video screenshot, Youtube/ Ensaladilla The mastermind of the crypto-friendly Brave Browser, Brave (BAT) CEO Brendan Eich, has waded into a fresh controversy that has ignited social media once again – this time taking aim at the United States’ top epidemiologist. Brave...

Bitcoin and Altcoins Face Heat Amid Renewed COVID-19 Fear


Bitcoin price started a fresh decline from well above USD 23,500. BTC seems to be facing an increase in selling pressure after renewed COVID-19 tension in the UK sent stocks lower also. The price tested the USD 21,800 support zone and it is currently (05:00 UTC) attempting to recover towards...

Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package


Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...

IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves


The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...

COVID-19 Further Exposes Inequalities in the Global Financial System


Ramya Vijaya, Professor of Economics, Stockton University. _____ To stem the economic fallout from COVID-19, developed countries have injected an unprecedented USD 9 trillion into their economies. The International Monetary Fund has recommended sustained fiscal support, emphasizing greater...

GameStop's Last-Minute Console Rush Puts Workers At Risk


A new allocation of PlayStation 5 and Xbox Series X / S bundles brought crowds of hopeful customers to physical GameStop locations over the weekend, according to a report by Bloomberg and corroboration by a Kotaku source. Staffing shortages and the threat of the ongoing covid-19 pandemic in...

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