Home / Tag Archives: Coronavirus (COVID-19)

Tag Archives: Coronavirus (COVID-19)

Fraudulent COVID-19 Vaccines Offered On The Dark Web For Up To $1,000 In Bitcoin

The topic of working COVID-19 vaccines has been widely discussed ever since the virus started spreading globally last year. Although a few have already been approved, their distribution faces difficulties and delays. This has prompted fraudsters to take advantage by promoting vaccines on the dark web and requesting up to $1,000 per dose paid via bitcoin.COVID-19 Vaccines On The Dark Web For BTCVaccines usually require years of research and testing before reaching people. However, the rapid...

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The New $900 Billion US Stimulus Package Highlights Bitcoin’s Strength (Opinion)

The US Senate has approved a new stimulus package worth nearly $900 billion, including $300 billion for small businesses and direct payments of up to $600 for American adults. With the total economic relief amount surpassing $3 trillion since the start of the COVID-19 pandemic, the question remains if these developments are inadvertent promotion for bitcoin.A Fresh US Economic Relief Of $900BNAs the unexpected outbreak of the COVID-19 pandemic infiltrated the Western World earlier this year,...

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Bitcoin Price Plunges $1500 In Hours On Global Markets Pullback

Following last evening’s run-up to around $24,300, today the markets are deep in the red. Bitcoin dipped below $22,700, charting a decrease of about 3.5% on the day, while altcoins crash even harder.This downturn coincides with a market-wide pullback in traditional finance as major European indices tumble while US index futures are also down in the pre-market hours.Bitcoin Price Loses $1,400 in Hours, Market FollowsYesterday was a good day for Bitcoin as the price for the cryptocurrency...

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Is Blockchain The Answer To COVID-19 Led Misinformation and Rumor Mongering?

In the past 10 months, COVID-19 literally brought the world to its knees. But the pandemic, as it turns out, has been less of a pandemic and more of an infodemic. The internet was teeming with a deluge of news reports, stories, blog articles, and ‘guidelines’ on ‘how to stay safe out there’.And what percentage of this content is actually worth relying upon? Which source to trust, and which one to shun? Why has this global catastrophe become a breeding ground for misinformation and rumor...

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Michael Saylor Reveals: I Decided to Buy Bitcoin After the COVID-Induced Global Crisis

Michael Saylor became one of the most popular bitcoin bulls in the past several months after the company he founded over three decades ago allocated millions of dollars in BTC. He also disclosed buying nearly 18,000 bitcoins personally. In a recent live stream with Binance’s Changpeng Zhao (CZ), he revealed why he decided to allocate such a considerable amount in the primary cryptocurrency.During the Binance-initiated live stream, Saylor said that the events that transpired in March 2020 were...

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Bithumb Temporarily Shuts Down Some Offices As Korea Faces Another Possible COVID-19 Outbreak

South Korea’s largest cryptocurrency exchange Bithumb announced today that it is shutting down its offline offices as Korea struggles with a renewed coronavirus outbreak.Bithumb Suspending Offline SupportSince the start of November, the country has been recording increased daily cases of COVID-19, with the number tripling in the last nine days. This has raised fears that South Korea has entered a third wave of the pandemic.As authorities are taking measures to strengthen social distancing to...

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Moderna COVID-19 Vaccine News Sends Bitcoin To a New 2020 High

The situation around a possible vaccine for the novel coronavirus COVID-19 continues to develop. Today, Moderna Therapeutics, one of the world’s largest pharmaceutical companies, announced that its preliminary data shows its coronavirus vaccine is more than 94% effective. This sent its stock price higher and major indices, which are all trading in the green following Monday’s market open. That’s not all, however, as bitcoin’s price is also on the rise, charting a new 2020...

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$1,200 US Stimulus Check Is Now Worth Almost $3,000 If Invested In Bitcoin

It has been roughly seven months since the US government sent the first stimulus checks worth $1,200 to many citizens. Interestingly, that amount would now be worth nearly $3,000 if invested in Bitcoin as the asset price has significantly appreciated since then, unlike the dollar. Stimulus Checks: The History World governments were caught by surprise when the COVID-19 pandemic broke out earlier this year. One of the first orders of business included seizing regular life as we...

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Bitcoin $600 Pump and Dump As Pfizer’s COVID Vaccine Shows 90% Success in Trials

Volatility is undoubtedly back within the crypto markets. Over the past few hours, Bitcoin gained about $600 and lost them almost immediately. This happens as one of the world’s largest drugmakers, Pfizer, said that its COVID19 vaccine has been positive in over 90% of the trial cases. Bitcoin Pumps and Dumps $600 In Hours The past few weeks have been nothing but exciting for Bitcoin as the cryptocurrency managed to briefly touch $16,000 for the first time in years. Today, it...

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Bitcoin Decouples From Wall Street as BTC Dominance Soars: The Crypto Weekly Market Update

During the past week, Bitcoin continued to increase in value as it managed to break the former 2020 high. More interestingly, though, this happens as Wall Street stocks are currently taking a beating. While BTC was appreciating, all the prominent US-based indices such as the S&P 500, NASDAQ Composite, and the Dow Jones Industrial Average (DJI), are all bleeding out. Just today, the S&P 500 decreased by about 1.5%, while Nasdaq’s Composite index is down upwards of...

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