Investigating the hedging abilities of Bitcoin in response to the global coronavirus pandemic crisis. The recent coronavirus outbreak has far-reaching consequences beyond the spread of the disease and efforts to quarantine it. Recently, we’ve experienced one of the most severe stock market crashes in modern times: On March 9, 2020, the Dow Jones Industrial Average […]
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Fear of the Coronavirus pandemic infected investor confidence, leading Bitcoin price to crash by 50% but as this occurred retail demand for Bitcoin increased and institutions left. Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time. According […]
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Check the bad crypto news of the past week. Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer. In […]
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9% daily gains are encouraging, but the mood among traders remains one of caution, with one analyst arguing that Bitcoin is not “ticking enough boxes.” Bitcoin (BTC) hit its highest level in a week on April 2 as fresh upside followed more misery for the world economy thanks to coronavirus. Cryptocurrency market daily overview. Source: […]
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Futurist and author Daniel Jeffries shared with Cointelegraph his view on two possible scenarios awaiting Bitcoin in the aftermath of COVID -19. Futurist and author, Daniel Jeffries, shared with Cointelegraph his view on the future scenarios awaiting Bitcoin in the aftermath of COVID-19. Two possible outcomes In one particularly dark scenario, the global economy will […]
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Panic buying of gold by the rich due to coronavirus will force everyone else into Bitcoin, the celebrated TV host forecasts. People are going to buy Bitcoin (BTC) in droves — because there will be no gold for sale due to coronavirus, Max Keiser predicts. In a recent edition of his Keiser Report news program […]
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U.S. crypto ATM network Bitcoin Depot has begun shutting off machines in high-risk areas for coronavirus prevention. Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19. As much of the world sits in quarantine, Bitcoin Depot has […]
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The Bitcoin codebase is to be preserved under the Arctic ice of Svalbard for 1,000 years as part of the GitHub Archive Program. A snapshot of the Bitcoin codebase will be encoded onto film reels and stored for a thousand years under the arctic ice in Svalbard, Norway. The move is part of the GitHub […]
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A new report has found strict cryptocurrency regulations in Japan are discouraging foreign players — but will help the industry in the long run. A new report has found strict regulations are discouraging overseas exchanges from opening in Japan, but would likely benefit new players in the long term. Double jump.tokyo, the game developer behind […]
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Economist Jeffrey Tucker sparked a debate with prominent crypto leaders when he argued the BTC price is depressed because it hasn’t scaled. American Institute for Economic Research editorial director Jeffrey Tucker reignited the long-running Bitcoin scaling debate with a tweet earlier today. The economist — who has long been a proponent of Bitcoin (BTC) — […]
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