Cryptocurrency Analysis and News Portal
Goldman Sachs will host a conference call on May 27 titled US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.On May 23, Mike Dundas, the founder of crypto media outlet The Block, posted a screenshot of the invitation for the call, revealing that the event will
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Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new currency called the toman. According to the plan, each toman will be worth 10,000 rials.The redenomination plan effectively removes four place values (four zeros) from the Iranian
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Vitalik Buterin believes that Ethereum can play a role in a future global crisis as the glue that helps bind nations together.The Ethereum co-founder spoke at the Ethereal Summit 2020 on May 7 to The Defiant’s Cami Russo. Describing the current global crisis as more than just a financial one,
Read MoreAlthough coronavirus conditions have created global economic difficulties, cryptocurrencies could see growth amid the struggle, according to one blockchain incubator's head."Short-term: digital currencies suddenly look appealing," Polyient Labs CEO Brad Robertson told Cryptox in a May 1 email. "If someone only looked back at the last two weeks, they might think
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The number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world. A new bitcoin ATM operator also installed its first bitcoin machines
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“It was the best of times; it was the worst of times.”The opening line to Charles Dickens’ "A Tale of Two Cities" provides an apt-enough description of the moment crypto investors now find themselves in as the coronavirus takes a devastating toll on the global economy, raising ugly questions about
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The crypto industry is visibly attracting many countries amidst the coronavirus crisis. As the world is at the verge of the historic economic recession, an increasing graph towards investment in cryptocurrencies can be witnessed worldwide. Russia too has shown similar trends with a massive upsurge of 486 % in the
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This moment we are experiencing in our collective humanity is quite unprecedented. One thing that has become abundantly clear is how quickly grassroots and open-source solutions are being developed to meet needs. For those of us who have been in the blockchain space for some time now, one can’t help
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A new Bitcoin-themed manga series is set to be published amid a growing interest in crypto.The series, titled “Genesis Code”, has already debuted in Japan. It is compiled by the Young Animal manga magazine and distributed by the Tokyo-based publisher, Hakusensha.The publisher released a promotional video on April 28 with
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MakerDao (MKR) has published a new report that attempts to put the events of ‘Black Thursday’ into context — and recommends safeguards to ensure it can never happen again.On March 12-13 a roughly 50% crash in the price of Ethereum (ETH) led to the under-collateralization of the debt positions underpinning
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