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Bitcoin Correction Fears, Libra U-Turn, Maker Sued: Hodler’s Digest, April 13–19
19.4.2020
In this week’s Hodler’s Digest, Libra’s massive U-turn, Bitcoin in danger of a massive correction, and crypto-friendly Square gets green light from U.S. government
Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps
14.4.2020
Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively...
Darknet Market to Permanently Ban Vendors Preying on COVID-19 Fears
6.4.2020
Monopoly Market will ban vendor caught selling fake cures or using the coronavirus pandemic as a marketing tool
Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
30.3.2020
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds...
USD 722m BitClub Ponzi Suspects Ask for Release amid Coronavirus Fears
24.3.2020
Two men accused of setting up the BitClub Network, a cryptocurrency mining Ponzi scheme that allegedly duped thousands of investors out of USD 722 million, have petitioned a New Jersey federal judge to release them from a county jail – as they fear they could contract the coronavirus if they...
Alleged Operators of $722M Crypto Scheme Seek Jail Release Amid COVID-19 Fears
24.3.2020
The accused scammers’ lawyers have identified several health and safety concerns at the facility
The Internet May Be Next Victim of Coronavirus Pandemic – Netflix, Google, Apple and Amazon React
23.3.2020
With an estimated billion people staying home, remote working or just watching shows online all day, telecom infrastructure is coming under great strain. Experts and companies are mostly saying that the risk is far from critical yet, but the EU has taken the possibility of the internet crashing...
‘Buy Bitcoin’ Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell 83% As Coronavirus Fears Heighten
22.3.2020
Exchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy bitcoin. During the week of the crypto market massacre that started on March 12, Coinbase broke traffic records and witnessed considerable trade volumes. Similarly...
Big Brother Capitalizes on Coronavirus Fears, Crypto Industry Responds
20.3.2020
Coronavirus fears bring personal data privacy issues to a new level, crypto community says
Steem Will Hard Fork in Just Hours Over Community Fears of Justin Sun Power Grab
20.3.2020
The Hive hard fork is expected to go live at 14:00 UTC with the support of major exchanges Huobi and Binance
Crypto Carnage, Fears of $1,000 BTC, MakerDAO Crisis: Hodler’s Digest, Mar. 9–15
15.3.2020
In this week’s Hodler’s Digest, Bitcoin’s dramatic decline, MakerDAO left with bad debt worth millions, and how a BTC miner ended up with an $8M windfall
‘CovidLock’ Exploits Coronavirus Fears With Bitcoin Ransomware
14.3.2020
The CovidLock ransomware changes a device’s screen lock password, demanding $100 worth of BTC in exchange for as password that restores access to the phone
Bitcoin Back Above USD 8k, Analysts Say Virus Fears Did Impact Price
10.3.2020
Source: iStock/da-kuk
While crypto may be an uncorrelated asset class, one analytics firm says that the virus fears had an “undeniable effect” on cryptocurrency prices, following the massive sell-off in both stocks and crypto on Monday.
However, on Tuesday, markets turned green as bitcoin (BTC)...
Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
4.3.2020
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed...
Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions
1.3.2020
Digital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire cryptocurrency market. At the time of publication, the cryptoconomy is hovering just above the $245 billion zone and a few coins today are making slight gains....
Bitcoin Price Holds $8.5K Support as Coronavirus Fears Tank Global Markets
27.2.2020
Bitcoin price managed to claw back some losses, defining $8.5K as support as bulls fight to retake the 200-DMA at $8.8K
Alibaba Launches Blockchain-powered Initiative Amid Coronavirus Fears
17.2.2020
A number of Alibaba subsidiaries have begun offering solutions that operators hope will help companies trying to do business while the nation battles the coronavirus – including blockchain-powered online "contactless bidding” features.
Per media outlet Crypto Watch, Chinese financial media outlets...
Bitcoin Rallies to Near $9,150 as Stocks Drop Over Coronavirus Fears
28.1.2020
Bitcoin is rising in line with broader uptrend which began well before the coronavirus scare began weighing over traditional markets. In the short term, though, a dip is looking likely
Bitcoin Plays With USD 9,000, While Virus Fears Weigh on Stocks
28.1.2020
Bitcoin (BTC) is once again trading around USD 9,000, while the risk-off sentiment has hit stock markets across the globe hard in recent days.
At pixel time (10:35 UTC), BTC trades at c. USD 9,010 and is up by 4% in the past 24 hours and the past week. Earlier today, the price reached USD 9,100...
Ethereum Advocates Step up Marketing Drive over Rival Domination Fears
20.1.2020
Developers believe that Ethereum real-world blockchain applications could come too late – potentially leaving the door open for rival platforms to sweep in and “dominate.”
Per a post from the recently formed Ethereum Marketing DAO, a group of Ethereum marketing experts, a “design thinking session”...