Crypto news

When last year in November, a documentary series episode from Netflix called “The Next Pandemic” came out – nobody actually didn’t give it too much importance. However, only a month after – boy, how it started to be popular. The episode describes the ways how viruses are spreading and evolving into epidemic situations.The story starts with traveling across India, Egypt, the Democratic Republic of Congo, the United States and explains historical cases of pandemics like it was the Spanish flu...

Tesla stock is beating Bitcoin – and when we say “beating” we mean it. Bitcoin investors are surely not happy with this fact that Tesla is outperforming Bitcoin (except if they didn’t invest in Tesla as well). If we look at the exact figures starting from January 1, the Bitcoin price rose around 30% while Tesla went 38% up.New Record – AgainTesla stock wasn’t like this all the time. Just for the reminder, in November, when the famous Cybertruck was revealed (and smashed, but hey every PR is a...

Switzerland has always been one to open its heart to bitcoin and cryptocurrencies. In its latest maneuver of “digital love,” the ski resort Zermatt – based in Switzerland – has announced that it will now allow its residents to pay taxes in BTC.Zermatt Is Taking a Big Digital Step ForwardZermatt is a very small town, consisting of just over 5,000 souls, but that doesn’t mean it can’t make a difference in the world of digital finance. Bills for government services, work permits, and taxes can...

As we’ve been witnessing since the beginning of January, bitcoin has been on a very serious roll. It’s shot up nearly $3,000 at the time of writing, beginning the month at a measly $6,900 and then firing up to approximately $9,300.Bitcoin May Not Be Out of the Dark Just YetWhy then, are there certain individuals afoot who still don’t think the currency is in great shape? While they acknowledge that bitcoin is doing well and potentially picking itself up out of the doldrums it experienced at...

China’s CBDC – digital Renminbi – will be fully centralized, going by a report published by Huatai Securities, a financial services company.Though a date is yet to be announced as to when the digital currency will be officially launched, the recent revelations made about it points towards a release that could be sooner rather than later.How the China’s CBDC is Expected To WorkThe major stakeholder in the currency is China’s Central Bank and under its supervision, the digital Renminbi will be...

Blockchain research and intelligence service TokenAnalyst.io has some more bullish news for Bitcoin heading into February. BitMEX, the world’s largest Bitcoin derivatives market, has seen it fortunes turn on a dime from December to January. In December, the massive Bitcoin futures platform saw its cold wallet balance decline by approximately 1,000 BTC ($9.3 million USD on 1/30/20). But over the last month, BitMEX experienced inflows in excess of 15,000 BTC ($140 million+ USD on...

Google is starting a painful process of eliminating direct contact with key people in Wuhan, and across China. FAANG members officially closed four offices thanks to the virus. It is spreading fast, and the companies around the world understand that they have to act quickly.Numerous Companies Flee Away Because of Virus, Economic Freeze is OngoingGoogle is banned in China, but the locals are working as marketers, sales engineers and so on. They do not develop the local version of Google, they...

Bitcoin is continuing to surge and has surpassed the $9,300 mark in another big jump.Bitcoin Is Surging to November NumbersMany are wondering if $10,000 is around the corner. According to some analysts, the answer is “yes.” Bitcoin and gold are continuing their incessant jumps and don’t appear to be stopping anytime soon, and some argue that the currency could hit the five-figure range in the immediate future.One such person is Adam Vettese, a market analyst at popular crypto exchange e-Toro....

Research firm Glassnodes came up with a new metric to gauge bitcoin adoption. The growth of this new metric appears to coincide with recent bitcoin rallies. It appears that conditions are right for this metric to breakout and possibly foreshadow the next bull run. Bitcoin bulls have a lot of reasons to be excited. On Wednesday, the top cryptocurrency posted a fresh 2020 high of $9,443.96. It’s also up over 30% year-to-date and it continues to show signs of strength....

Swedish multinational clothing-retail company H&M has appointed a new CEO. As a part of a complete board reshuffle, former chief executive Karl-Johan Persson stepped down. The new CEO is Helena Helmersson, who was previously the head of operations. Notably, Helmersson is the first female chief executive officer of the fast-fashion pioneer.Now Karl-Johan Persson will succeed his father, Stefan Persson, as chairman of the supervisory board. The change came after his father Stefan said he...