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Tag Archives: coronavirus

Why Has Bitcoin Dropped So Badly?

Crypto prices are falling heavily at press time, with bitcoin – the world’s number one digital currency by market cap – dipping into the low $46,000 range. Bitcoin Is Having an End-of-Year Crisis The slide in crypto prices began a couple weeks ago, with many analysts blaming the new surge in COVID cases for the dip amongst digital currencies. Since last week alone, bitcoin has fallen by more than three percent, while other competing altcoins such as Ethereum have fallen...

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Mike Novogratz: Ethereum Will Outdo Bitcoin

Billionaire investor and hedge fund manager Mike Novogratz feels that Ethereum, in many ways, is outperforming bitcoin. Mike Novogratz Thinks ETH Is Da Bomb While bitcoin is the world’s number one digital currency by market cap and is trading for more than $50,000 per unit, Ethereum is in a whole new category thanks to the technology it presents. Ethereum is the second largest crypto by market cap and is only trading for about $3,600 at press time. At first glance, it...

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Bitcoin Falls Following Introduction of New COVID Variant

Bitcoin has experienced another drop in price and is presently trading for around $54,900 per unit. Many analysts attribute this to a new coronavirus variant that was discovered in Africa, and nations like the United States are now beginning to restrict travel and take other measures that could potentially keep citizens and national finance situated for the time being. Bitcoin Is Suffering Thanks to a New COVID Variant Ben McMillan – founder and chief investment officer...

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Hillary Clinton Is Not a Bitcoin Fan

Hillary Clinton isn’t crazy about crypto. The failed presidential candidate and former Secretary of State under Obama believes that widespread adoption of crypto could have heavy repercussions on the world of traditional finance and “undermine traditional” currencies like the U.S. dollar. Hillary Clinton Is Not a BTC Believer In an interview, she comments: What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with...

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Back Bay Baptist Church Says “Yes” to Bitcoin Donations

A Baptist church in the state of Mississippi has become the latest venture to accept donations in cryptocurrency. Back Bay Baptist Church in the city of St. Martin has announced that it will begin to accept digital currencies for any donations now that the coronavirus pandemic has allegedly made making standard fiat payments difficult for some attendees. Back Bay Gives a Greenlight to Crypto Payments Bitcoin and many of its digital counterparts were initially created to...

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Coinbase Hacked; More Than 6,000 Customers Lose Their Money

Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – was the victim of a hack. It appears roughly 6,000 customers were affected between the months of March and May of this year. Coinbase Compromised; Customers Lose a Lot of Dough These customers of Coinbase had money stolen by the hackers. They also had their personal information exposed, such as their IP addresses, their birthdates, social security numbers, and their account balances....

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Several Attendees of Florida BTC Conference Allegedly Have Coronavirus

Two weeks ago, Miami, Florida saw itself hosting the world’s biggest cryptocurrency and bitcoin conference the world has ever seen. Now, new coronavirus cases are popping up amongst attendees. Coronavirus Hits BTC Fans Approximately 12,000 tickets were sold to the event, and people from all corners of the world – including Europe, a continent hit particularly badly by the virus – flew into Miami to discuss the world’s greatest digital currency by market cap. The event...

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El Salvador Residents Could Soon Pay for Items with BTC

The president of El Salvador in Central America is working hard to make bitcoin legal tender within his country’s borders. Nayib Bukele stated in a recorded message at a recent bitcoin conference in Miami, Florida that he would eventually like to see all citizens paying for goods and services with bitcoin. El Salvador Residents Could Buy Necessities with Bitcoin Soon In his message, Bukele said the following: Next week, I will send to Congress a bill that will make...

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Author Federick Kaufman Has Published a New Book About Crypto

Frederick Kaufman – an English and journalism professor – has a new book out that talks about the rise of cryptocurrencies and their disruption of the money system as we know it. Kaufman: Crypto Has Really Changed the World of Money Titled “The Money Plot: A History of Currency’s Power to Enchant, Control and Manipulate,” Kaufman saw his book published as the coronavirus pandemic was taking hold. The pandemic proved to be a huge period of change for many people and...

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Dan Schulman of PayPal on the Future of Crypto Payments

Dan Schulman – the CEO of PayPal – has come a long way over the past few months. Approximately six months ago, his company announced that it would not only allow people to trade and sell digital currencies, but that people would soon be able to pay for goods and services with them. This caused bitcoin to spike to $13,000 after it was trading for just over $10,000, thereby gaining more than $3,000 in price in just a few days. Dan Schulman Thinks BTC Has Become Very...

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