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Freebitco.in Gaming Site Launches Covid-19 Relief Fund – Donating 20% House Edge to Healthcare Efforts
4.4.2020
The owners of the website Freebitco.in have announced a coronavirus relief fund following the myriad of other crypto companies donating funds to help fight the covid-19 pandemic. Freebitco.in is an extremely popular gaming website that saw more than 40 million visitors last month in web traffic...
Evidence Shows Politicians and Wall Street CEOs Expected the Market Crash Well Before Covid-19
4.4.2020
The coronavirus outbreak has sent shockwaves through the world’s economy and this has caused politicians and central bankers to react in various ways. However, global market leaders, Wall Street CEOs and hedge fund managers had one of the best years in more than a decade since the 2008...
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...
The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days
4.4.2020
The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop...
Gold Investors Are Terrified Central Banks Might Dump Bullion During the Economic Crisis
3.4.2020
Despite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in the last few weeks, a few investors are terrified that central banks will use their flight-to-safety assets...
Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market
3.4.2020
The coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage...
Bitcoin News Roundup for April 3, 2020
3.4.2020
Bitcoin bumps up and mining machines are dropping in price. It's CoinDesk's Markets Daily podcast
Bitcoin Is 'Gold 2.0' And 'Binary Bet,' says Virgin Galactic Chairman
3.4.2020
Chamath Palihapitiya. Source: a video screenshot, Youtube/Phocuswright
Bitcoin (BTC) may have already created a new “quasi gold standard” for the world, and it is either going to the millions or zero, a prominent California-based venture capitalist believes.
Speaking with Anthony Pompliano...
Traditional Traders Could Be Ready to Go Crypto, Prefer Bitcoin - Survey
3.4.2020
Senior trading executives believe that larger trading companies are about to take the crypto plunge, and could be set to provide the market with a timely boost, per a new study. Bitcoin/USD is the most preferred trading pair, it added.
In a report named Institutional Adoption of Digital Asset...
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...
A Sign of Adoption: Line Says 62% of its Exchange Users Are New to Crypto
3.4.2020
Chat app operator Line says that 62% of its Bitmax crypto trading platform users have no prior experience in cryptoasset trading.
Bitmax is accessible from the Line chat app, which Line says has 83 million users in Japan. App users can access the exchange via a tab, and can also redeem points...
Revolut Brings Crypto Without Private Keys to 10m+ Users
3.4.2020
USD 5.5bn fintech Revolut has decided to open crypto trading feature to their "standard" customers earlier than planned, thus helping crypto adoption and securing another revenue stream during the global financial and economic turmoil, prompted by the COVID-19 pandemic.
The crypto...
Bitcoin And Altcoins Trend Turns Bullish
3.4.2020
Yesterday, we saw a positive price action, resulting in more upsides in bitcoin price above the USD 6,850 and USD 7,020 resistance levels. BTC/USD even climbed towards USD 7,250 before correcting lower. The price is currently (08:30 UTC) rising and it seems like it could revisit the USD 7,250 level...
Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, Miners
3.4.2020
The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will...
Cointext Cofounder Unveils BFP Encrypt – Send Encrypted Data to Bitcoin Cash Addresses
3.4.2020
Vin Armani, the cofounder of Cointext, has announced the launch of a Javascript library that allows people to send encrypted data to addresses on the Bitcoin Cash (BCH) network. A BCH private key can decrypt the data, and when Armani released the Javascript package, the developer stressed that...
Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending
3.4.2020
A lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance...
Anyhedge to Launch Blockchain-Enforced Synthetic Derivatives for Bitcoin Cash
2.4.2020
Developers from the organization General Protocols have announced the launch of a synthetic derivatives platform built on Bitcoin Cash. The project Anyhedge aims to be the first decentralized finance (defi) protocol on any branch of Bitcoin and the platform will launch in cooperation with...
Tiger King’s Archnemesis Big Cat Rescue Accepts Bitcoin
2.4.2020
The number one show on Netflix in the U.S. right now is a television series called “Tiger King: Murder, Mayhem and Madness,” and American audiences are eating it up like candy. While the docuseries costar Joseph Maldonado, aka “Joe Exotic,” spends 22 years behind bars...
Bitcoin News Roundup for April 2, 2020
2.4.2020
Crypto is up and a weird lawsuit may be coming to an end. It's CoinDesk's Markets Daily podcast