Binance, the world’s largest crypto exchange, has announced 100 new hires despite the ongoing economic downturn. While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees. Binance, the […]
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AAX exchange CEO Thor Chan thinks crypto markets will do well, despite recent and current uncertainty. As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok. “During a period of intense panic, many investors fled the markets in search of […]
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Bitcoin price could see a rally to $8,000 following the breakout to $7,000, but a potential selloff in stocks could put BTC at risk of revisiting new lows. The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the […]
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Malaysia-based cryptocurrency trading firm Tokenize Malaysia has received full approval from local securities watchdog. Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog. With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by […]
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The case for an immediate Bitcoin price spike after the halving in May is flawed, past data shows. The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does […]
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Bitcoin price continues to push higher but major cryptocurrencies should sustain above their 20-day EMA to confirm that the downtrend might be over. On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past […]
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Sea-bound computer programmer John McAfee offers $500 in DAI for best original post-quarantine photograph. Famed altcoin advocate, John McAfee, has put up a $500 reward in the Ethereum based stablecoin, DAI, for the best original photo taken in the midst of the coronavirus lockdown. The sea-bound computer programmer asked for pictures of vacant highways and […]
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Three cryptocurrency traders allegedly scammed over 100 investors in a Ponzi scheme. Three alleged cryptocurrency traders ran a Ponzi scheme which scammed more than 100 investors for over $35 million, according to a lawsuit filed by an entity formed by the victims in a federal court of Florida, United States. According to an announcement published […]
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UnionBank head forecasts that the coronavirus will drive banks to shift towards digital currencies, leaving physical cash behind. Edwin Bautista, president and chief executive of UnionBank of the Philippines, has forecast that the coronavirus outbreak will drive banks to shift towards digital currencies, leaving physical cash behind. As Euromoney reported on April 3, Bautista noted […]
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The South African National Blockchain Alliance has been launched to drive technology development by bringing public and private enterprises together. The South African National Blockchain Alliance carried out an online livestream launch while the country is in the midst of a 21-day lockdown to curb the spread of the coronavirus pandemic. The organization was due […]
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