Cryptocurrency Analysis and News Portal
The response to the Covid-19 pandemic has been ruthless on the global economy and during the last six months, traditional stocks and commodities have felt extreme market volatility. Coinshares published a comprehensive report this week in regard to how bitcoin performed during the coronavirus outbreak. The seven-page study highlights
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Quick take:Traditional markets have reacted positively to news of a possible COVID19 vaccine by Moderna.The optimism should spread to Bitcoin as BTC is highly correlated to the S&P 500.Since mid-June BTC has suffered from a lack of volatility.The inventor of Bollinger Bands, John Bollinger, has suggested a move by BTC
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A Texas resident was charged by the U.S. Attorney for the Southern District of Texas on July 14. Allegations suggest that he fraudulently filed loan applications for $1.1 million through the Paycheck Protection Program, or PPP. He claimed he was seeking COVID-19 relief, but allegedly actually used the funds to
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The Decentralized Artificial Intelligence Alliance‘s recent COVIDathon online innovation contest recently announced its winners… selected from over 100 Blockchain and Artificial intelligence
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14 July 2020 When the ICO set out how we would regulate during COVID-19 I wrote of the importance of regulators taking account
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In brief:In the last 48 hours, Bitcoin, Ethereum, XRP and all the major cryptocurrencies, have suffered a pullback as data suggests that COVID19 is still spreading.The spread of the Coronavirus has also affected the stock markets.BTC and the entire crypto market is highly correlated to the traditional financial markets.The crypto
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The global travel industry ground to a standstill after governments worldwide announced strict lockdowns to prevent the spread of COVID-19. At the Unitize virtual blockchain conference on July 6, Juan Otero, the co-founder and CEO of the Binance-backed online crypto travel agency Travala, said that the platform experienced a steep drop
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Bitcoin (BTC), in fact, crushed stock markets during the Covid-19 recovery with equity “growth” simply down to inflation, fresh data argues.Charts showing stocks denominated in gold and Bitcoin in 2020 show that far from having their best quarter in ten years, markets had no “recovery” at all.“It’s all inflation”The perspective
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The coronavirus pandemic is transforming the education sector as much as it is transforming various important aspects of our lives. The majority of teaching and learning has been transferred to digital platforms as many cities remain in quarantine or begin to ease lockdown restrictions. But the education sector will never
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Famed currency speculator George Soros, who in 1992 broke the Bank of England to emerge a billionaire overnight by forcing the pound out of the European Exchange Rate Mechanism, believes:“We will not go back to where we were when the pandemic started. That is pretty certain. But that is the
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