In time for a Reuters analysis which puts Bitcoin as having outperformed stocks this year, new reports hint at what Bitcoin, as well as other major cryptocurrencies, are being used for. With one claiming they are used more for online purchases while the other cites their use for child porn has ...
China’s Ministry of Commerce has just banned two local companies from exporting anti-epidemic products for their quality problems. As one of them has blockchain in its name, the notice from the Ministry of Commerce immediately evokes some criticism calling blockchain a scam. Amid the coro...
March 2020 witnessed the most volatile day in the price of cryptocurrency ever. Hence it was no surprise the Ethereum DeFi dapp category – as tracked by DappRadar also experienced an all-time high in terms of daily active unique wallet activity. As previously discussed. 12 March 2020 sa...
The ongoing coronavirus outbreak has left most of the world in lockdown, ravaging health systems and financial markets. While the impending economic crisis has led many to consider adding Bitcoin to their portfolio, those that already own cryptocurrencies have been faced with a rather unique prob...
The current coronavirus pandemic has rallied up the crypto community, with companies racing to donate, waive fees, and make charitable donations easier during the crisis. With more than 450,000 confirmed cases and more than 20,000 dead from the coronavirus, the world needs all the help it can get ...
The ongoing turmoil caused by the coronavirus outbreak has left markets across the globe in shambles. Nothing seemed to be immune to the panic, with both the stock market and the crypto market seeing massive sell-offs in the past three weeks. However, while stock market investors have mostly f...
CoinShares, a New York-based cryptocurrency service that provides advice and other services for investors, released a statement on the state of Bitcoin mining during the global uncertainty caused by the coronavirus, ahead of a planned, more thorough June 2020 mining report. In it, CoinS...
Bitcoin price’s latest crash seems to have cast a shadow over the mining sector which saw the hashrate of bitcoin network dropped to a low of 85 EH/s from a peak of 133 EH/s on March 5. The current prices might be too low for some mining operations, which caused a small exodus of miners t...
Bitcoin was not spared from the sell-off triggered by the Coronavirus outbreak that racked global markets on Thursday March 12 as its price got rattled down by more than 25% to push it below the $5000 range. The top cryptocurrency by market cap lost about $40 bln over a 24-hour period making it...
Liu Yi, master of Tsinghua University (best-known university in China), has a 20-year investment experience in A-share and 10-year of that in U.S. stock, as well as one of the earliest cryptocurrency investors, was invited to share his idea on bitcoin halving amid coronavirus, U.S. stock c...
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