Data shows Bitcoin’s trading volume increases and decreases most on Saturday and Monday, while returns move similarly amid different price cycles. Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent […]
Continue ReadingGiven the global coronavirus lockdown, some blockchain projects have found their business plans affected, others see no change. The coronavirus pandemic has been affecting more and more aspects of the blockchain and cryptocurrency market. As Cointelegraph previously reported, more than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 […]
Continue ReadingIn its latest documentary, Cointelegraph reached out to crypto industry leaders to find out how the COVID-19 pandemic has affected their businesses and the industry as a whole. In its latest documentary, Cointelegraph reached out to crypto industry leaders all around the world to find out how the COVID-19 pandemic has affected their businesses. While […]
Continue ReadingA Chicago businessman has been sued over allegedly misappropriating more than $2 million in funds ostensibly for cryptocurrency trading. A trust has sued businessman, Brock Flagstad, over allegedly misappropriating over $2 million in funds that were purportedly designated for cryptocurrency trading. Despite Flagstad soliciting the funds for the purpose of digital asset trading, the James […]
Continue ReadingBlockchain tech is definitely needed and has proved its place as the technology of the future. Meanwhile, there is still a lot to be done. I have a feeling that a lot of businesses still don’t understand why they need blockchain, while others may believe they need it just because they think it’s another fashionable […]
Continue ReadingGiven the economic losses due to the COVID-19 pandemic, can we expect governments to be more vigilant in taxing cryptocurrency this year? Could this be the year the world gets serious about cryptocurrency taxation? The coronavirus pandemic, after all, could cost the global economy as much as $4.1 trillion — or almost 5% of global […]
Continue ReadingDespite innovative research and institutional interest in crypto, academic research funding for blockchain remains scarce. Despite recent advances in academic research into the blockchain for everything from central bank digital currencies to pacemakers, universities and governments lag in their willingness to fund basic research in the sector. While researchers are getting creative when presenting their […]
Continue ReadingBitcoin is starting to look shaky as it’s now testing a key support level, which stands in the way of lower lows. All markets have been showing a strong surge in the past weeks, including Bitcoin (BTC) and cryptocurrencies. The price of Bitcoin has seen a 100% surge in a matter of three weeks since […]
Continue ReadingVenezuelan digital asset exchange Criptolago has introduced SMS-based cryptocurrency transfers. Venezuelan crypto exchange Criptolago has announced that it will launch a text message-based payment system that can process transactions in Venezuela’s oil-backed Petro (PTR) and other cryptocurrencies. The system may expose new segments of Venezuela’s population to cryptocurrencies amid the country’s ongoing hyperinflation crisis — […]
Continue ReadingChainalysis data has found that the value of transactions sent to known scam wallets has dropped significantly amid the coronavirus pandemic and crypto market crash. Data published on April 10 by blockchain forensics firm Chainalysis indicates that the average value of transactions received by the wallets of known scams fell 30% during March. Amid fraudsters’ […]
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