The U.S. Federal Reserve just injected $168 billion into the economy, totaling more than Bitcoin’s entire market cap. After several days of plunging markets, the U.S. Federal Reserve added $168 billion into the economy — a total higher than all money currently invested in Bitcoin. “Separate auctions Tuesday in the short-term lending market, or repo, […]
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Bitcoin price searches for support as the DOW, S&P 500, European and Asian markets register historic losses as fear of the Coronavirus pandemic continues to spread. The VIX volatility index, the stock market’s main risk indicator, skyrocketed to 55 on March 9. This is the highest level since 2009. Meanwhile, Saudi Arabia’s talks with OPEC […]
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Spanish fintech CEO says blockchain will surely help the environmental initiatives across the globe. Corporates that advocate for Environmental, Social and Governance (ESG) responsibility initiatives should adopt blockchain technology, the CEO of Spanish blockchain software firm Finboot said on March 5th in a blog post. According to Finboot CEO and co-founder Juan Miguel Perez, to […]
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WEF Head of Blockchain Sheila Warren explains the potential of blockchain technology and how it can change the world — but notes we are not there yet due to three things. Speaking at the Hyperledger Global Forum 2020 in Phoenix, Arizona, the World Economic Forum’s head of blockchain and data policy, Sheila Warren, discussed blockchain’s […]
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China’s Hunan province, a major blockchain hub in the country, is now establishing its first provincial blockchain zone in the city of Loudi. The central Chinese province of Hunan has approved the establishment of the Wanbao blockchain zone in the city of Loudi. It is the first provincial blockchain zone in Hunan province, according to […]
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Cointelegraph Consulting examines the blockchain world’s response to the coronavirus outbreak. COVID-19 — more commonly known as the coronavirus — has unleashed massive shock waves among the worldwide health, science, government and business communities as societies are trying to contain the virus. At the moment, the scale and velocity at which the coronavirus is spreading […]
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How can emerging technologies help one of the world’s most populous countries and one of the largest energy consumers toward sustainable and renewable energy development? India is fostering a digital future via Prime Minister Narendra Modi’s “Digital India” initiative: A national blockchain strategy that includes quantum computing, machine learning and artificial intelligence as digital technologies […]
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A Blockchain company in the UK has a new program for Haitian farmers and their crop sales. A UK tech company recently announced a blockchain ecosystem for farmers in Haiti, bringing clarity to the supply chain while bolstering sales. Agriledger, a blockchain outfit based in the UK, was responsible for building this new ecosystem. Their […]
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Kraken donated 17.5 Bitcoin to San Francisco’s anarchist hackerspace Noisebridge to keep the space running. On Feb. 27 Noisebridge advocate and attendee John Backus woke up to see that approximately 17.513 Bitcoin (BTC) – equivalent to about $156,000 at the time – had been deposited into Noisebridge’s cryptocurrency wallet. The unexpected deposit came from U.S. […]
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Bitcoin price managed to briefly reclaim the 200-DMA but shrapnel from collapsing equities markets appears to be weighing on crypto prices. Today Bitcoin bulls found their resolve and are attempting to reverse the digital asset’s course even as equities markets across the globe continue to drop on the realization that Coronavirus is a real threat […]
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