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Edward Snowden ‘Felt Like Buying Bitcoin’ While Traders Hunt for the Market Bottom
13.3.2020
Following three consecutive days of losses shedding $50 billion off the cryptoconomy, digital currency markets lost another $44 billion in a matter of hours on March 12. Not only did ‘Black Thursday’ wreck traditional markets, but gold and bitcoin felt the brunt as well. Amidst...
Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset
13.3.2020
‘What in the world is going on’ has now become a question of real pertinence, instead of just a cliché for common bewilderment. As COVID-19 panic grips the world, ripple effects are crashing markets and effectively canceling economies across the globe, scrawling the writing on...
Panic Attack: Bitcoin Crashes to USD 6,000, Altcoins Bleed More
12.3.2020
The downturn in the crypto market just accelerated.
As of press time on Thursday (10:50 UTC), bitcoin traded at USD 6,000, down more than 15% over the past 24 hours. The move occurred amidst erratic trading in digital assets, with price reaching as low as the USD 5,500 level before recovering.
The...
BREAKING: Bitcoin Crashes 17% in 1 Hour Below $6K in Coronavirus Panic
12.3.2020
Coronavirus proves the last straw for Bitcoin as a huge sell-off sends BTC/USD to $6,300
Silver Lining for Bitcoin Amid Global Market Panic, Altcoins Purge Estimated
9.3.2020
As global stock markets saw massive sell-offs overnight, cryptoassets also fell sharply, with both bitcoin (BTC) and ethereum (ETH) recording double-digit losses over the past 24 hours of trading. However, some industry observers claim that crypto’s mainstream moment as a utility may finally...
Bitcoin Slips Under $9K but Don’t Panic Until This Price Level Breaks
7.3.2020
Bitcoin price loses $9K level in weekend trading
Bitcoin Price Forms ‘Golden Cross’ as China Panic Prints $170B
3.2.2020
China attempts to buoy markets with 1.2 trillion yuan as markets fall and analysts closely watch Bitcoin’s reaction
Full Stack Panic
1.2.2020
A new podcast from Sean Fioritto inspired by Joel Califa's term "Full Stack Anxiety".
... the little voice in your head says ... “I should know all of this. Do I even know what I'm doing?” Why do web developers the world over feel like this?
There is an episode with Joel talking about it as well...
Panic Withdrawals at Indian Bank Over Alarming KYC Notice
24.1.2020
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts....
Venezuelan Petro-accepting Merchants Panic as Crypto Drive Hits Snag
13.1.2020
The Venezuelan government’s attempts to kickstart its cryptocurrency-powered economy appears to have hit a series of wrinkles – with the central Bank of Venezuela suspending service on its Petro-accepting Point-of-Sale (PoS) devices.
Per El Nacional, the central bank has indefinitely ceased Petro...
Binance Defends Matic After Altcoin Dives 60% Due to ‘Panic’ by Whales
10.12.2019
Matic denies wrongdoing after in-house token loses almost two-thirds of its value overnight
7 Crypto ETPs Now Trading on Main Swiss Stock Exchange
4.10.2019
Switzerland’s principal stock exchange now has seven cryptocurrency exchange-traded products (ETPs) listed. They allow investors to either gain exposure to individual cryptocurrencies or invest in portfolios of top cryptocurrencies. Four ETPs track the prices of single cryptocurrencies. Also...
New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals
2.10.2019
Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...
Video Shows $10M Chinese Bitcoin Mining Farm in Flames
1.10.2019
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...
Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money Discussed
30.9.2019
Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet is the name of the game these days. Now central...
Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
30.9.2019
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...
Protests Led RBI to Raise PMC Bank’s Withdrawal Limit
27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...
Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000
25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...
'Get Ready for Bitcoin $20K,’ Says BitMEX CEO as Fed Panic-Prints $53B
18.9.2019
Bitcoin price heading to $20k on fiat weakness, says BitMEX CEO
Short Term Price Drops, Sudden Or Otherwise, Are Irrelevant Says John McAfee
15.5.2019
Technology leader and crypto influencer John McAfee tweeted on Monday evening that crypto price fluctuations in the short run are irrelevant. He urged investors to never panic in case of sudden price drops and asked them to check prices every two or three months. Do not, under any crcumstances...