Crypto news

The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.Investors are seeking safety in gold, the dollars and also Bitcoin as the coronavirus outbreak death toll in mainland China alone hit 1000. The virus has spread in a dozen other countries across the globe, raising a red alert to investors who are wary of the likelihood of an economic recession.As a result of the coronavirus outbreak, big investment...

[PRESS RELEASE – Please see full disclaimer]In 2008, a world-wide financial problem became evident. With 1.7 billion adults that do not have access to banking services, there is a sector of the population that is in need of a solution or a revolution.Bitcoin, the first iteration of blockchain, was created with this goal. From this point on, the banking and financial service experience a transformation. Before the time of cryptocurrencies, banking services were slowly transitioning to obsolete...

According to IDC, Chinese consumers may abandon the idea to adopt 5G-enabled phones due to the influence of coronavirus, despite the fact that Chinese makers are offering premium models that take advantage of next-generation networks.With the further spread of coronavirus, Chinese business faces a new challenge. At the end of Q1 2020 that ends in March, China’s smartphone shipments could drop by over 30%.International Data Corporation (IDC) stated:“The coronavirus outbreak impacted the Lunar...

Amazon Web Services (AWS) said in the filing that it wants to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis over a $10 billion Pentagon’s JEDI contract awarded to Microsoft.Amazon Web Services (AWS) spokesperson blames United States President Donald Trump for using his executive powers in order “to advance his personal agenda.” They also claim that the example of this was awarding of the $10 billion Joint Enterprise Defense...

India remains one of the countries in the world with regulatory uncertainty when it comes to cryptocurrencies. While the Reserve Bank of India (RBI) has already clarified that digital assets are not illegal in the country, the Police department of Tamil Nadu has issued a fresh warning that the public should steer clear of cryptocurrencies.  Trade Cryptocurrency At “Your Own Risk”According to local news media, the Hindu, the Economic Offences Wing noted that they had received several...

Place/Date: Switzerland - February 11th, 2020 at 10:24 am UTC · 3 min read Source: EBO Even now in 2020, being a cryptocurrency user can be convoluted. If you want to buy an altcoin and store it in your own wallet away from an exchange, it could take up to three separate transactions if you’re not already holding some BTC or ETH.Of course, centralized exchanges have no incentive to address this. They want your funds in their wallet because you’re more likely to trade them, handing over...

Samsung Unpacked event 2020 is set today. The company is expected to release to the market its new devices including Galaxy S20, Z Flip foldable and also Galaxy Buds Plus.Samsung Unpacked 2020 event is set to take place today at 2 PM ET/ 11 AM PT as announced earlier through its official web page. Samsung is one of the world’s largest phone maker. That’s why it is a huge tech day as the company is set to unveil its new flagship foldable devices that will compete with other devices already in...

Xpring recruitment follows its new development relations initiative announced last week. One of the main priorities now is XRP adoption.Xpring, Ripple‘s arm that invests in, incubates, acquires and provides grants to companies and projects run by proven entrepreneurs, is hiring 10 new people. The open positions include a range of jobs from senior infrastructure engineer to director of product management to vice president of developer relations. According to Ripple, Xpring recruitment is a way...

Good things don’t come up so quickly. This is what happened with Bitcoin, following the first time in four months that the coin had crossed the $10,000 mark.Two days ago, following the 10K break, we saw it rising a bit more but getting rejected before the next critical resistance price level at $10,300 – $10,400.The positive is that everything is healthy so far. Looking at the following daily chart since the beginning of 2020, you can see three mini-rallies (including the most recent one from...

Tron price jumped above $0.0200 and traded to a new 2020 high at $0.0237 against the US Dollar.TRX price is currently correcting lower and trading nicely above the $0.0205 support area.There is a major contracting triangle forming with resistance near $0.0220 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to aim a fresh upside break above the $0.0220 and $0.0230 resistance levels.TRON price is trading in a strong uptrend against the US Dollar, similar to bitcoin. TRX price...