Around the Block #5: Downstream Impacts of the Recent Market Crash on Lending, Stablecoins, and DeFi Coinbase Around the Block, sheds light on key issues in the crypto space. In this edition, Justin Mart analyzes three industries impacted by the recent market crash. Lending Markets: Behind the Scenes on What Drives Rates The crypto lending markets have seen...Read More
The blockchain can be used for many different purposes, especially during the current coronavirus crisis. It now appears that the authenticity of KN95 masks will be tracked on the blockchain. It has been an interesting period for the United States. Blockchain and the Coronavirus Especially during this coronavirus pandemic, several issues with supply chains and...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog. On Friday, April 10th, the XRP price is declining. The cryptocurrency is generally trading at 0.1934 USD. On H4, the quotations remain inside an ascending channel. However, we must note that the ascending has reached 38.2% of the previous declining wave. and a divergence has formed on the MACD....Read More
The global impact of the coronavirus crisis should never be underestimated. Even in the Bitcoin mining industry, there are some shockwaves, albeit not everyone is affected in the same manner. A very interesting set of events has taken place in recent weeks. Bitcoin Mining is Still in a Good Place First of all, there is...Read More
As the coronavirus crisis continues to dominate everyday life, it is crucial to recap efforts underway to address the situation. In the blockchain space, there are multiple efforts underway, highlighting the potential of this technology. It is interesting to see how blockchain technology can be beneficial during the coronavirus crisis. Using Blockchain During the Coronavirus...Read More
Ever since the supreme court quashed the banking restriction imposed by the central bank, interest in cryptocurrency has been rising in India, including on peer-to-peer (P2P) marketplaces. The local crypto community is growing despite the nationwide lockdown and rising covid-19 threat. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About...Read More
Blockchain technology has always been a powerful concept that needs to be explored further. It now appears that ANSA, Italy’s leading news agency, wants to use blockchain to prevent the spreading of fake coronavirus news. There are many potential use cases for blockchain technology today. Blockchain Solutions During the Coronavirus Crisis Exploring opportunities in the...Read More
Bitcoin has always intrigued the masses, although that doesn’t automatically result in more BTC holders. One interesting development is how more people are trying to learn more about Bitcoin through online courses as of late. Finding out about cryptocurrencies tends to open people’s eyes. Bitcoin Courses Become More Popular due to Coronavirus The current global...Read More
South Korea is a very prominent country when it comes to cryptocurrencies and finance. It now appears that a digital Won is being explored, with a pilot program running until late 2021. There are multiple countries aiming to digitize their fiat currency in the coming years. Digitizing the South Korean Won Slowly but surely, all...Read More
Most cryptocurrency enthusiasts have multiple assets stored across exchanges and trading platforms. OKEx now provides an option to convert smaller balances to OKB balances, giving users even more flexibility. Converting Smaller Balances to a Useful Asset Enthusiasts who frequent cryptocurrency exchanges will have built up a growing portfolio over the years. Several parts of that...Read More
On Tuesday, April 7th, the ETH price is growing confidently, trading at 172.20 USD, says Dmitriy Gurkovskiy, author at RoboForex Blog. The situation on the Ethereum market should still be interpreted as correctional growth after a serious decline. Escaping the consolidation Triangle by a strong impulse upwards, the quotations reached 38.2% Fibo and are aiming at...Read More
The financial repercussions of the coronavirus pandemic is very difficult to predict. Some people expect a major insolvency cascade to take place, eventually forcing people in the direction of Bitcoin and other crypto assets. Various banks and governments are scrambling to keep their economies afloat. Coronavirus may Force People to Embrace Bitcoin That is easier...Read More
The coronavirus crisis has created shockwave after shockwave across different industries. Even darknet market operators are cracking down on anyone selling necessary supplies or potential cures for COVID-19. Monopoly is one of the many darknet markets still in operation today. There is no Confirmed Coronavirus Cure yet While it allows for the sale of virtually...Read More
Cryptocurrency and blockchain projects are coming together to play their part during the coronavirus crisis. Waves is the latest project to get involved, as a charity campaign has been launched. The coronavirus crisis has shown the world how donations are more than necessary these days. Coronavirus Efforts by Crypto Projects Raising money can be very...Read More
It would appear that blockchain technology can make a genuine difference when battling the coronavirus crisis. The previously announced MiPasa venture is getting a lot of attention, indicating that its parent company is on the right track. The global coronavirus crisis continues to dominate everyday life for most of the world’s population. MiPasa Keeps Forging...Read More
Venezuela President Maduro has an interesting opinion on how cryptocurrencies will work exactly. In fact, he is trying to bring more positive attention to the Petro by airdropping some to doctors helping out with the coronavirus pandemic. The Petro remains a very controversial cryptocurrency project. Petro Airdrop Won’t Make Much Difference Its value is seemingly...Read More
The coronavirus crisis can affect anyone in the world, regardless of age, ethnicity, occupation, or religion. Former Ripple CEO Chris Larsen was recently diagnosed with COVID-19 but has made a successful recovery. The number of global coronavirus cases is on the rise at an alarming rate. Former Ripple CEO Fully Recovers All of the current...Read More
During a global pandemic such as the coronavirus, some people expect the use of Bitcoin to increase globally. So far, that has not been too apparent, albeit it seems that the way Bitcoin is used is undergoing some changes. Bitcoin has not been at the forefront of too many discussions lately. Bitcoin Isn’t Doing Terrible...Read More
The coronavirus crisis affects many different businesses and industries. Even Bitcoin ATM operators cannot escape this problematic trend, as Bitcoin Depot is shutting its machines temporarily. The world as people knew it has perhaps changed forever since the coronavirus crisis. Coronavirus Spoils Bitcoin Depot’s Momentum Several facts of everyday life may never return to who...Read More
India is currently under a nationwide lockdown due to the coronavirus outbreak. News.Bitcoin.com talked to executives of local cryptocurrency exchanges to find out the impact of the lockdown on cryptocurrency trading. They revealed that more people are actually trading cryptocurrencies on their platforms since the lockdown began. Also read: IMF Declares Global Recession, 80 Countries...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, April 3rd, the XRP keeps growing smoothly. It is generally trading at 0.1794 USD. On H4, XRP/USD keeps demonstrating the development of a correctional phase after a deep decline. The correctional trend is growing very slowly but steadily. The growth has reached 23.6% Fibo and keeps...Read More
There have been numerous projects in the cryptocurrency space that raise multiple questions. One of those projects is Emjac, a company successfully completing an IEO several months ago. Conducting an IEO should, in theory, prevent fraudulent projects from raising funds. What is Really Going on With Emjac? In the case of Emjac, there are still...Read More
There are some obvious consequences to the coronavirus crisis. Various businesses are being put out of business, including drug vendors on the darknet. It is interesting to note how darknet vendors struggle during the coronavirus crisis. Darknet Bitcoin Revenue is on the Decline More specifically, the people buying items from these vendors are in a...Read More
The novel coronavirus crisis warrants the use of many interesting technologies. Blockchain has been touted as a possible solution, as more and more companies begin to explore this particular option. There are many ways to handle certain aspects of the coronavirus crisis. Coronavirus Testing and Blockchain Technology Blockchain technology may offer a helping hand, when...Read More
There are still many questions as to how different countries and governments perceive Bitcoin and other crypto assets. In Germany, it would appear that the interest in blockchain and crypto assets continues to rise. Following the recent market turmoil, interest in Bitcoin has seemingly dropped off significantly all over the world. Bitcoin is Thriving in...Read More
The coronavirus crisis has caused ample concerns on a global scale. Many businesses are threatened, including a Sweidhs Bitcoin pizza place suffering from a major decrease in revenue. It is evident that in-person spending at physical locations has diminished due to the coronavirus outbreak. Coronavirus Threatens a Swedish Pizza Place This has caused ample problems...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, March 31st, the ETH is slightly growing, trading at 132.68 USD. On H4, the correctional phase has acquired the shape of a triangular consolidation. The longer it lasts, the more powerful will be the exit from it. The MACD heading upwards points at the potential breakout...Read More
The global impact of the coronavirus crisis cannot be underestimated. It now even seems that the Bitcoin mining industry may face some challenges moving forward, in the eyes of Riot Blockchain. Bitcoin mining requires a set of specific conditions to be met. Riot Blockchain is Concerned As those conditions align, the profitability of the venture...Read More
By Luke Youngblood Introduction Since our launch in 2018, Coinbase Custody has been driving innovation on behalf of our clients, who increasingly want to participate in the networks that they have invested in. These new forms of network participation extend beyond providing the most secure and trusted digital asset custody available, and include activities like...Read More
Coinbase Around the Block, sheds light on key issues in the crypto space. In this edition, we analyze recent market activity and Bitcoin’s Value Proposition. BTC and other crypto assets saw a ~50% price decline earlier this month on March 12, marking the single largest one-day drop in Bitcoin’s price since 2013. These moves coincided with...Read More
