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Bitcoin Falls by Over $1,000 as New Covid Strain Boosts Dollar Demand

A minor rebound in the US dollar market prompted Bitcoin to reverse its upward momentum on Monday, the NewsBTC writes. The benchmark cryptocurrency fell by more than $1,000 in the early morning European session, hitting an intraday low at $22,430. So it appears, Bitcoin’s latest downside move came as a correction to neutralize its overbought […]

How Has the COVID-19 Pandemic Affected the Crypto Space? Experts Answer

Experts in blockchain technology and crypto take on the question: What impact has the COVID-19 outbreak had on the industry? Who could have imagined a year ago how different our lives would be in just 12 months? Without any doubt, last November will remain a significant point in humanity’s history — the time when it […]

COVID-19 Pandemic Spurs Crypto Law Updates in J5 Countries

The members of the Joint Chiefs of Global Tax Enforcement are updating their crypto laws to prevent financial crimes and money laundering, the Cointelegraph reported. EXPERT TAKE Cybercriminals are taking full advantage of the COVID-19 pandemic, which has forced life into a digital realm, by leveraging increased fear and uncertainty to steal money and launder it through […]

Italian Red Cross Launches Bitcoin Fundraiser to Combat Coronavirus

The Italian Red Cross and the Colli Albani Committee are raising donations Bitcoin and other cryptocurrencies to fight the country’s coronavirus pandemic with the support of Helperbit, as announced on March 12. Goals of the new campaign Proceeds from the campaign will reportedly be used to set up a second-level advanced medical post for pre-triage of COVID-19 […]