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Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments
8.4.2020
Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about...
Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press
7.4.2020
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country's central bank...
How Cointelegraph Team Is Coping With the Coronavirus Crisis All Over the World
7.4.2020
Cointelegraph editors and reporters share how the coronavirus pandemic has impacted their professional and private lives
Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy
7.4.2020
With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known...
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...
Billionaire Optimistic On Bitcoin as a ‘Flight to Safety’
4.4.2020
Bitcoin isn’t a safety asset yet, but it could become on over the next decade, pending certain economic factors
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...
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...
US Stimulus Package Might Cause ‘Modest’ Improvement to Bitcoin Market
2.4.2020
The price of Bitcoin may not skyrocket yet, but the stimulus package passed in the U.S. could slowly help the cryptocurrency in this pandemic
BTC Held by BitMEX Fell 25% After Mass Liquidations
2.4.2020
BitMEX has seen the amount of Bitcoin held on the exchange drop 315,000 to 240,000 BTC in the past few weeks
Coronavirus Fuels P2P Connectivity: Crypto-Driven Meshnet Gives Rural Towns Internet
2.4.2020
While the coronavirus wreaks havoc on the economy across the U.S., a number of the 1,737 residents from Clatskanie, Oregon can’t obtain an internet service provider (ISP). The situation has motivated the town to adopt a decentralized meshnet ISP called Althea and the network’s users...
Bitcoin and Visa Transactions Plunge But Pizza Deliveries Are Up
1.4.2020
Consumer purchasing is significantly down for Q1, according to reports from both credit card companies and cryptocurrencies
Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon
1.4.2020
Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts...
Remote Working Proves Unexpected Hero as Half of US Economy Shifts to Home Offices
31.3.2020
To those who believe in a digital future in which decentralization makes systems more resilient, the coronavirus crisis has expedited the inevitable
Bitcoin & Stocks Rise as US Economy Grinds to a Halt — Furloughs Soar
31.3.2020
Traders expect Bitcoin price to struggle in flipping $6,600 from resistance to support but a more meaningful milestone awaits at $6,900
Bitcoin Mining Roundup: BTC Regains 100 Exahash, Miners Close Shop, Pre-Halving Shake-Up
30.3.2020
In 44 days, BTC miners will face the third reward halving as the block subsidy will soon shrink from 12.5 to 6.25 coins per block. Following the market carnage in mid-March, BTC’s hashrate plummeted 44% to a 2020 low of 75 exahash per second (EH/s). Since then the hashrate has climbed back...
Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K
30.3.2020
Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future...
‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu
28.3.2020
Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central...
Making Bitcoin Go Viral: Could Endless Printing Trigger a Hyperbitcoinization Event?
26.3.2020
Hyperbitcoinization has been defined as “a state where bitcoin becomes the world’s dominant form of money.” But what actually needs to happen for bitcoin to ‘go viral’? As it turns out, a hyperbitcoinization event may be more likely than many suspect, especially in...
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...