Pandemic

Currency valuation worldwide faced turbulence last year; however, the cryptocurrency industry has seen an unprecedented bull run. Before 2020 came to an end, Bitcoin surged past $29,000, quadrupling in value during the pandemic year and thrusting itself into the center of conversations among big investors and Wall Street companies. Bitcoin's price trajectory in 2020 changed because of its growing adoption as a hedge against the potential currency debasement that might come from trillions of dollars of coronavirus-related stimulus payments from…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $270 billion. Bitcoin sways between $9,000 and $9,300 on a neutral trajectory Ethereum drops by more than 2% and fails to overcome the $250 barrier. XRP drops below $0.20, but it bounces back to trade in green on the weekend A historical hacking of Twitter sees some of the world’s most popular accounts “ask”…

The COVID-19 Situation and Blockchain The COVID-19 Pandemic has, in many ways, left the world gasping for breath. The pandemic has brought global lockdown, stock market crash, unemployment highs, and economic fluctuations. Because of the severity of the Corona Virus, authorities deemed it best to take such drastic measures to better humanity. But the blockchain industry, for better or worse, has found itself in a niche that remained almost entirely unaffected by the offset the pandemic has brought. Bitcoin, the…

The coronavirus pandemic continues to ravage the global economy. Therefore, countries such as China and South Korea have instituted cash quarantines as strategic measures to mitigate its spread. This decision follows the World Health Organization (WHO) revelation that cash is a key medium for the virus'  transfer. Following The Trend Hungary is the most recent country to follow the trend. Local reports indicate that the country's central bank announced that it would be withdrawing billions of banknotes from circulation daily.…