Tag: coronavirus

Mar 16 2022

New Senate candidate Bryan Solstin claims Bitcoin as “the Great Reset,” but will it work in his favor?

Mar 16 2022 Published at CryptoSlate under tags  adoption cbdcs coronavirus

Last week, the world witnessed a successful utilization of crypto adoption in winning the presidential elections. It seems like Bryan Solstin has been watching and now is ready to give it a try himself. What is Bryan (Bitcoin) Solstin's take on crypto?...

Feb 15 2022

Canada expands AML rules to include crypto amid ‘Freedom Convoy’ protests

Feb 15 2022 Published at CryptoSlate under tags  coronavirus hacks legal regulation

Canadian Deputy Prime Minister and Minister for Finance Chrystia Freeland announced at a press conference that the government has invoked the Emergencies Act to expand the scope of anti-money laundering and terrorist financing rules to cover crowdfunding platforms and their payment service providers in an effort to crack down on the...

Jan 24 2022

Bitcoin down 50% amid fear of Fed’s hawkish rate hikes

This year has been nothing short of a blood bath for bitcoin. The market has not seen a bitcoin (BTC) price this low since July last year. Corrections in 2017, and early 2021 were much shallower – between 20 and 40 percent, whilst July 2021 reached a drawdown of about 54 percent, according to fresh...

Jan 10 2022

2022 Shaping up to Be a Bloody Year for Stocks and Bitcoin

Reading Time: 2 minutes 2022 is shaping up to be a bad year for Bitcoin and the stock market Rapid recent policy changes by the Federal Reserve indicate a tightening of financial largesse Interest rate increases and quantitative tightening would see institutional money...

Dec 08 2021

How U.S. excessive dollar printing benefits crypto

In 2020, the United States Federal Reserve embarked on a massive dollar printing journey, necessitated by the need to deliver financial stimulus packages for the American taxpayers during the wave of the Covid-19 pandemic. The U.S printed 35% of Dollar circulation in 2020 Reports even had it that that year's print represents 35% of dollar print in the history of the United States...

Nov 26 2021

New COVID Variant Spooks Markets

Reading Time: 2 minutes A new COVID variant has caused global markets to sell off, with crypto no exception $238 billion was wiped off the crypto markets overnight as Bitcoin dropped to $54,350 The drop means that the Bitcoin stock- to-flow model may have been...

Aug 22 2021

Bitcoin Alleviates Future Uncertainty

A Weekly Series Of Essays About The Language Of Bitcoin by Alex McShaneLingua Contra ImperiumThe Language of Bitcoin: 2TL;DR - The government has pulled us into the deep waters, financially, to keep us vulnerable. Vulnerable people have the highest time preference, because they have the most future uncertainty. We’ve gone from a society that proudly claims to protect and nurture...

Aug 20 2021

$1,200 Stimulus Check Would Now Be Worth $8,765 If Used To Buy Bitcoin

Your $1,200 stimulus check would be worth around $8,765 today if you’d bought Bitcoin with it in April 2020.Your $1,200 stimulus check would be worth around $8,765 today if you’d bought Bitcoin with it in April 2020. On 27 March 2020, after the U.S. Government had brought our economy to a screeching halt through lockdowns and other mandates in a turbulent and...

Jul 20 2021

Bitcoin Follows Traditional Markets Into the Red

Reading Time: 2 minutes Bitcoin is lacking strength and looks set to lose the key $30,000 area Bitcoin’s weakness is reflective of a general fear in the markets Concerns over a coronavirus resurgence have caused other markets to drop...

May 19 2021

Algorand (ALGO) is powering the first blockchain-based COVID ‘passport’ in Latin America

May 19 2021 Published at CryptoSlate under tags  adoption algousd coronavirus technology

The world's first blockchain-powered COVID passport has gone live in Colombia as part of a joint project between Algorand (ALGO) and Koibanx. The tool is capable of generating user-friendly, reliable, and simple experiences for patients and allows users to go from having a paper certificate to a...

May 16 2021

This crypto game is helping Filipinos make ends meet amid the pandemic

May 16 2021 Published at CryptoSlate under tags  adoption coronavirus nfts

Axie Infinity, a blockchain game that allows users to breed and trade digital pets as non-fungible tokens (NFTs), has exploded in popularity among residents of Cabanatuan City in the Philippines over the past few months. And there’s an important reason for that. According to a short documentary video, dubbed “Play-to-Earn” and published earlier this week, the game actually allowed many local...

May 12 2021

Vitalik Buterin donates $1 billion in Shiba Inu coin (SHIB) to India’s COVID fight

May 12 2021 Published at CryptoSlate under tags  coronavirus ethusd

Ethereum co-founder Vitalik Buterin sent over $1 billion worth of Shiba Inu (...

Apr 29 2021

Australian cricketer Brett Lee donates 1 Bitcoin towards India’s coronavirus fight

Apr 29 2021 Published at CryptoSlate under tags  adoption btcusd coronavirus

Brett Lee, a former Australian international cricketer, has donated one Bitcoin (worth roughly $54,000 today) to the so-termed “Crypto Relief” fund aimed at helping Indian hospitals to fight the coronavirus pandemic. “It saddens me deeply to see people suffering due to the ongoing pandemic. I feel privileged to be in a position of...

Apr 26 2021

Crypto community donates over $1.7 million in Ethereum and ERC20 tokens towards India’s coronavirus fight

Apr 26 2021 Published at CryptoSlate under tags  adoption coronavirus ethusd people

Cryptocurrency holders and builders from around the world are pitching in funds to help India battle with the rising number of cases in the country, data and tweets from multiple sources show. This weekend, Ethereum co-founder Vitalik Buterin donated over $640,000 worth of Ethereum (ETH) and Maker (MKR) towards a crypto-focused relief fund to fight the coronavirus situation...

Mar 14 2021

Goldman Sachs COO Predicts “Explosion” of Crypto Use

Reading Time: 2 minutes Goldman Sachs’ COO has said that he expects and “explosion” in use of digital assets John Waldron told Reuters that client demand “is rising” for their cryptocurrency offerings Goldman Sachs recently said it would finally launch its crypto...

Mar 09 2021

Are We in For a Bitcoin Super Cycle?

Reading Time: 2 minutes A Bitcoin super cycle could be on the cards if the current levels of institutional adoption continue or grow Bitcoin’s unique use case has been solidified in the past year, leading to billions of dollars’ worth being taken off the table What are...

Jan 19 2021

UK’s NHS Taps Blockchain Tech to Monitor Coronavirus Vaccine Cold Chain

Hedera Hashgraph's blockchain platform will provide the health service with a tamperproof record of vaccine temperatures, the firm said.

Jan 07 2021

Coronavirus Vaccines Certified With VeChain’s Blockchain Tech in Cyprus

The medical certification app was developed by VeChain and I-Dante last May.

Jan 01 2021

Lessons in Failing to Apply Blockchain and AI to Combat COVID

Jan 01 2021 Published at CoinDesk under tags  ai coronavirus opinion people singularitynet

Blockchain tech is well suited to manage aspects of the fight against the coronavirus. Why hasn't it been used more?

Dec 31 2020

Why Crypto Crosses ‘The Chasm’ in a Post-Coronavirus World

2020 will be looked back on as the year that marks the present era from the past; the demarcation line separating the before and the after.

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