In brief Bitcoin has tracked the stock market, crashing and then recovering in a short period of time. After hitting lows of $4,100 just in March, Bitcoin has pushed past $9,000 this week. It isn’t clear whether the cryptocurrency will continue to follow the stock market—which has had a worrying Read more…
As much as many say Bitcoin is uncorrelated, even the crypto industry hasn’t been spared in the recent outbreak of COVID-19. Like a majority of other asset classes, cryptocurrencies tanked on “Black Thursday,” experiencing their worst crash in years. And like most other industries, a number of leading firms laid Read more…
The man behind the 5G coronavirus conspiracy theory is a crypto-loving evangelical pastor, a major UK national newspaper has revealed. According to a Friday report by The Guardian, preacher Jonathon James is one of those responsible for spreading the conspiracy theory that 5G cell phone towers cause coronavirus. The attack of at least 20 5G Read more…
In brief: In a tweet earlier this week, Tyler Winklevoss believes that the Federal Reserve’s recent actions have set the stage for the rise of Bitcoin (BTC). Additionally, he cautioned that the COVID10 pandemic will increase surveillance by governments attempting to track the spread of the virus. He also pointed Read more…
The cryptocurrency community believes that Bitcoin was made for the type of economic upheaval that has gripped the world since COVID-19. Billionaire trader Mike Novogratz tends to agree, saying in an interview with CNBC that Bitcoin is facing a key moment, as monetary policymakers continue to dole out trillions in stimulus. The Galaxy Digital Read more…
While on the lockdown, you probably eat more than usual, stress out reading the news and spend long hours in front of your crypto charts. But this lockdown can make up for the delay in all the things you have always wanted to do. The question is, what have you Read more…
From lower fumes to more time spent with family, there are some glimmers of light in the darkness of the COVID-19 era. And, despite the rise of coronavirus-themed scams, cybercriminals hoping to make bundles of cryptocurrency during global lockdowns are earning less than ever, according to a report released Friday. The report, shown ahead of Read more…
Google and Facebook are sharing anonymous information about their customers to fight the coronavirus. Internet giants Google and Facebook are providing large swathes of data about their customers to governments. Google is releasing anonymized data from Maps and Facebook is providing mobile location data every day to US cities and Read more…
The former Ripple CEO urges anyone who has recovered from Covid-19 to donate their blood. Ripple co-founder and former CEO Chris Larsen has made a full recovery from a coronavirus infection. Larsen, who recently turned 60, announced his recovery to his 39,000 Twitter followers and urged them to “consider donating Read more…
Tech giants and health organizations are developing a blockchain data hub to help fight the coronavirus. The World Health Organization has teamed up with tech giants IBM, Oracle, and Microsoft, as well as decentralized platform Hacera, to create an open-data blockchain hub that lets people check whether they have been Read more…