Bill

Here’s How the Crypto Sector Is Navigating the Pandemic’s Challenges

Source Node: https://cointelegraph.com/news/heres-how-the-crypto-sector-is-navigating-the-pandemics-challenges
Time Stamp: April 8, 2020 12:01 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Despite hopes that a peak of the coronavirus cases is near, the pandemic continues to impact almost every aspect of daily life, becoming a rolling news ticker in itself. When such a disaster strikes, it can be easy to go through each day devouring the latest news as it occurs and digesting each piece as a story by itself without forming an overall picture.This pandemic is a seismic event with far-reaching impacts across different sectors, and crypto is no exception. In fact, because cryptocurrency markets move at breakneck speeds, the

Tim Draper: Pandemic Could Be The Tipping Point For Bitcoin

Source Node: https://cointelegraph.com/news/tim-draper-pandemic-could-be-the-tipping-point-for-bitcoin
Time Stamp: April 7, 2020 8:46 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The global spread of the coronavirus played a major role in the dramatic 2020 stock market crash. The bailout bill for saving the world’s economy is $7 trillion and rising fast. Bitcoin bull Tim Draper believes this confluence of factors may be the tipping point that allows innovations such as Bitcoin and smart contracts to flourish.In an interview on April 6, the global venture capital investor said he was skeptical about the government’s infinite money printing bailout plan and said it would take years before that money “permeates” the global

Charities Are Turning to Bitcoin Amid the Global Fight Against Coronavirus

Source Node: https://cointelegraph.com/news/charities-are-turning-to-bitcoin-amid-the-global-fight-against-coronavirus
Time Stamp: April 6, 2020 2:41 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms are contributing medical supplies to hospitals in an attempt to curb the virus, while others are setting up fundraisers and charities that are aimed at helping its victims.As a number of nonprofits continue to accept cryptocurrency donations, they are starting to realize that crypto transactions significantly reduce costs in terms of fees. Here are

Malaysian Securities Regulator Approves Crypto Trading Platform

Source Node: https://cointelegraph.com/news/malaysian-securities-regulator-approves-crypto-trading-platform
Time Stamp: April 3, 2020 3:22 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog.With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet, SoyaCincau, reported on April 3. The exchange offers fiat-to-digital asset pairings.Malaysian laws require that local cryptocurrency exchanges register with the SC, after which they have up to nine month to achieve compliance with the SC’s regulation standards.Commenting on the development, Hong

What to Expect When You’re Expecting… the Bitcoin Block Halving

Source Node: https://cointelegraph.com/news/what-to-expect-when-youre-expecting-the-bitcoin-block-halving
Time Stamp: April 2, 2020 4:39 PM - Modified On: August 29, 2021 - Published By:
Source Cluster:
Republished By Plato

Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane. “On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017 when the price reached about $20,000, which was followed by a massive decline,” Bill Herrmann, CEO of alternative investment banking firm, Wilshire Phoenix, told Cointelegraph in an email on March 10. Herrmann also pointed out that Bitcoin’s market has matured compared to past years, noting that information available to