Bitcoin price shot up today breaking the $7K level for the first time since its big crash on March 12 but lots of selling pressure remains above. Bitcoin (BTC) is trading at $7,106 representing an impressive 14.7% gain in the last 24 hours and 6.8% for today. Other global markets are also up off the…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news London-based international money transfer service Azimo and Thailand’s Siam Commercial Bank (SCB) have partnered up and announced a new service delivering cross-border payments into Read more »Pay, Trade, Buy…
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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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Bitcoin (BTC) prices have been correlated with American equities of late, but that situation is set to change, per a new report. This was the key takeaway from a study published by Binance Research, a unit the global crypto exchange, aimed at uncovering the full effect of the current coronavirus-led financial crisis on international markets.…
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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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Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic. The coronavirus pandemic is the only thing on most people’s minds right now around the world. The pending economic fallout is only surpassed by the anxiety induced by surging cases in both the United States and…
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The central bank of Zimbabwe issued a 100,000,000,000,000 note during the hyperinflation in 2009. It barely paid for a loaf of bread. There has been a lot of discussion recently on the effects of the COVID-19 pandemic on the global economy, on the measures taken by the governments to mitigate those effects, the possible hyperinflation…
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Major crypto exchange Binance confirmed that it has acquired CoinMarketCap, adding that the biggest crypto market data provider will continue to be run as an independent business entity. Both companies did not disclose any other details of the deal, which is said to be valued at up to USD 400 million. Brandon Chez, the founder…
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The Philippine SEC has warned of a fraudulent investment scam offering 9,000% returns through its ‘Bitcoin Revolution’ trading software. The Philippines Securities and Exchange Commission (SEC) warned of a crypto Ponzi scheme targeting Filipino, Australian, and European investors on March 30. The scheme, Bitcoin Revolution, comprises a classic Ponzi in which investors are offered exorbitant…
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Tokyo prosecutors have formally charged two men with handling stolen cryptoassets as part of the investigation into the January 2018 hack on crypto exchange Coincheck – still the biggest crypto heist in human history. Per media outlet Nikkei, the two men, an Osaka-based 39-year-old and a doctor, aged 30, from Obihiro, Hokkaido, under the terms…
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