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What Are Russians Doing in Lockdown? Praying and Trading Crypto


Religion and crypto are emerging as the unlikely winners as locked-down Russian internet users flock to bitcoin (BTC) and the Bible in a bid to bust the coronavirus blues. Internet habits appear to be changing fast in the country, with online traffic now spiking on crypto exchange websites....

ShapeShift Acquires Portis, McAfee's New Coin, Coincheck Re-arrest + More News


Erik Voorhees, CEO of ShapeShift. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Crypto exchange ShapeShift said it acquired Portis, an Israeli startup that built...

Bitcoin-Gold Correlation Is Weak; BTC-S&P 500 Correlation Might Drop


Source: Adobe/sergey_p While the correlation between bitcoin (BTC) and gold could be "slightly" increasing but still remaining weak overall, that between BTC and the S&P 500 stock market index is unlikely to remain high in the long run, says crypto market analysis firm Coin...

BlockDown Unveils 3D World & Invites Guests to Create Their Own Avatars


Disclaimer: The text below is a press release that was not written by Cryptonews.com. ______ BlockDown 2020 has revealed that attendees will be able to login and create their very own bespoke virtual avatars from today's date. Attendees will be able to log in and customize their avatar including...

Bitcoin to Face Stronger Global Recession Than In 2009, IMF Forecast Shows


The global economy is estimated to drop by 3% this year, before rebounding by 5.8% in 2021, the International Monetary Fund (IMF) said today, stressing that "this crisis is like no other." In the past 60 years, the global economy decreased only once. In 2009 it slipped by 1.73%. This...

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