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Decoupling? Bitcoin Price Surges Above $6.7K as Stocks Again Bearish

Source Node: https://cointelegraph.com/news/decoupling-bitcoin-price-surges-above-67k-as-stocks-again-bearish
Time Stamp: April 2, 2020 1:56 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Since topping out at $6,500 on March 31, Bitcoin (BTC) price had spent the majority of Wednesday in a steady slump which saw the price drop from $6,494 to $6,147. The pullback mirrored the poor performance in traditional markets where the S&P 500 and Dow dropped by 4.41% and 4.44% respectively. The slump in traditional markets appeared to be a reaction to dismal news that the United States surpassed more than 200,000 Coronavirus cases. Earlier this week the White House also stated that it concurs with the estimate that up to

The Sandbox Sells 3400 Ether Worth of Virtual Land in Five Hours

Source Node: https://cointelegraph.com/news/the-sandbox-sells-3400-ether-worth-of-virtual-land-in-five-hours
Time Stamp: April 1, 2020 11:50 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The Sandbox (TSB), a mobile creation game on Ethereum, announced on April 1 that its third presale of virtual land had generated 3,400 Ether ($450,000) in sales.The March 31 presale sold 12,384 pieces of LAND — virtual spaces in the game — in just five hours. That equates to approximately 10% of the total 166,464 pieces in the game, with most of it snapped up in the first thirty minutes. TSB has quickly become one of the most coveted blockchain games on the market, with more than 40 million downloads. The

Crypto to the Rescue After Khan Academy’s COVID-19 Traffic Surge

Source Node: https://cointelegraph.com/news/crypto-to-the-rescue-after-khan-academys-covid-19-traffic-surge
Time Stamp: April 1, 2020 7:54 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The founder of education platform Khan Academy has put out an urgent call for donations following a 250% surge in users due to the coronavirus crisis.CEO Sal Khan asked users to donate fiat — or they can donate Basic Attention Tokens (BAT) via their Brave browsers — to help the platform stay open during the pandemic.Khan said the surge was due to record numbers of students forced to stay home during lockdowns and social distancing requirements. A billion schoolkids are staying home because of COVID-19Khan Academy is a non-profit organization that

Doing Well by Doing Good: 5 Reasons Why it Works

Source Node: https://www.bitcoinmarketjournal.com/doing-well-by-doing-good-5-reasons-why-it-works/
Time Stamp: April 1, 2020 7:38 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

“Do well by doing good.” The phrase has a deep meaning during this time in human history. In a nutshell, it means that companies that do good (i.e., help out during the Coronacrisis) will do well (i.e., make money and thrive). This is counter-intuitive. Logically, you would not help out during a recession: you would lay off workers, conserve your remaining cash, and “hunker down,” to use an unfortunate phrase. Here are a few reasons why the opposite is true. Your name gets out there. Many of our clients are

U.S. Crypto ATM Network Helps to Promote Social Distancing

Source Node: https://cointelegraph.com/news/us-crypto-atm-network-helps-to-promote-social-distancing
Time Stamp: April 1, 2020 5:30 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19.As much of the world sits in quarantine, Bitcoin Depot has chosen to temporarily shut off crypto ATMs which specifically reside in high traffic areas. The company is undertaking this push as a way to encourage social distancing.“As we monitor the ongoing situation, the number of locations temporarily taken offline will likely increase,” Bitcoin Depot’s director of product, Alona Lubovnaya, told Cointelegraph in an