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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CMT Digital’s Brad Koeppen explained Bitcoin trading has remained largely the same, even during global uncertainties. Amid global coronavirus fears and plunging mainstream markets, Bitcoin (BTC) trading has remained largely unchanged, according to CMT Digital head of trading and business development, Brad Koeppen. “Bitcoin trading has not been that different,” Koeppen told Cointelegraph in a…
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Khan Academy is calling for fiat and crypto donations to help the platform stay afloat, following a 250% increase in traffic due to COVID-19. The founder of education platform Khan Academy has put out an urgent call for donations following a 250% surge in users due to the coronavirus crisis. CEO Sal Khan asked users…
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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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No touching required! It’s just the kind of event that these sequestered, hunkered-down times call for. With COVID-19 still wreaking havoc on any plans to get more than ten people in a room together, Virtual Blockchain Week is a weeklong conference taking place completely online, and it just so happens that Cointelegraph is the primary…
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Toilet Paper Token has surged over 1,000% in price as people flocked to the now-sold out asset. It’s April Fool’s day somewhere, or at least in CoinMarketCap’s neck of the woods, as the cryptocurrency data site saw massive volumes for new “Toilet Paper Token.” A website known for listing cryptocurrencies in order of market cap…
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While a 29% drop in Bitcoin’s hash rate might be due to the miners’ capitulation, analysts point to other factors that could have had a bigger impact. The Bitcoin (BTC) network hash rate took a steep dive on March 26, dropping by a whopping 15.95%, which is a 45% sink from its peak highs of…
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Quarterly performance for Bitcoin has stabilized after its drop to $3,700 two weeks ago, while Q2 is historically the best three months for BTC/USD. Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion. That was according to the latest quarterly…
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Climate change caused by carbon emissions might be one reason for such a terrible global COVID-19 pandemic scenario. JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report…
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