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Day: April 15, 2020
5 Rules Crypto & Stock Investors Should Follow During a Crisis
The global economy is experiencing massive shockwaves due to the continuing global coronavirus pandemic. Markets are at record levels of volatility, seeing historic swings in both directions on a near-daily basis. In the midst of the crisis, pundits and talking heads on television are switching tunes like a DJ quickly rotating through songs. One day they believe the bottom is in, while the next they are screaming for a repeat of the Great Depression. As all of this occurs investors are scared and while they should be nervous, it’s also…
5 Risk Management Rules Every Bitcoin & Crypto Investor Should Follow
The global economy is experiencing massive shockwaves due to the continuing global coronavirus pandemic. Markets are at record levels of volatility, seeing historic swings in both directions on a near-daily basis. In the midst of the crisis, pundits and talking heads on television are switching tunes like a DJ quickly rotating through songs. One day they believe the bottom is in, while the next they are screaming for a repeat of the Great Depression. As all of this occurs investors are scared and while they should be nervous, it’s also…
Dutch AMLD5 Implementation Leaves Crypto-Companies Footing the Bill
The Dutch Ministry of Finance’s implementation of the European Union’s fifth anti-money laundering directive, or AMLD5, requires the country’s Central Bank to monitor its cryptocurrency industry. The cost of this supervision will be passed on to crypto-based businesses. A recent report suggests that these new compliance fees will be higher than those paid by traditional trust and credit card companies. One directive, twenty seven varieties AMLD5 was supposed to bring increased transparency and a unified approach to anti-money laundering measures across the EU. But the varying member states have each…
Covid-19 Business Watch: Mining Sector players weigh in on lockdown and next steps
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io There’s no doubt that the impact of the lockdown and the Coronavirus Pandemic will be huge on the mining sector. But most industry players agree the safety of … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Criminals Are Selling Covid-19 Infected Blood on the Darknet
Chainalysis held a webinar on April 15 to discuss the impact of COVID-19 on crypto crime. During this meeting, the company revealed that criminals claim to be selling coronavirus-infected blood on the darknet. COVID-19 hurts crypto criminals According to Chianalysis, darknet markets have not been immune to the adverse effects of the pandemic, with a 33% decline in the volume of cryptocurrency sent to scam addresses. Source: Chainalysis Cybercriminals have responded differently to the crisis. Some have shown restraint in following a self-imposed honor-code. Others have dropped to the new…
DeFi Market Cap Back Above $1 Billion After March Market Crash
The value of the tokens underpinning decentralized finance, or DeFi, protocols has again surpassed $1 billion. The milestone comes amid a spike in the proliferation of DeFi projects, with data aggregator DeFiMarketCap estimating 246 projects to be active. The combined capitalization had crashed below $1 billion amid the March crypto crash that sparked a liquidity crisis for top DeFi project, MakerDAO (MKR). DeFi token capitalization reclaims $1 billion According to DeFiMarketCap, the three-largest tokens represent over half of the combined DeFi capitalization — with Maker representing 28%, 0x (ZRX) comprising…
HUGE BITCOIN PUMP! BULLISH NEWS?! INSTITUTIONS MANIPULATE BITCOIN PRICE BEFORE BTC HALVING! ETH NEWS
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io YESTERDAY WE DISCUSSED HOW OIL WILL AFFECT BITCOIN PRICE. TODAY OIL AFFECTED BITCOIN PRICE BY PUMPING IT OVER $1000! Bitcoin … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Athletics-Focused Crypto Exchange Lists Its First Sport Token
Cryptocurrencies like Bitcoin (BTC) are not new to the sports industry. Some NBA teams began accepting BTC as payment for tickets as early as 2014. Since then, the relationship between sports and crypto has been rapidly evolving. Today, a firm that claims to be the world’s first ever crypto exchange for sport tokens has rolled out trading for its first sports-focused coin. Chiliz.net, a Malta-based sports blockchain venture and crypto exchange, has listed Juventus Fan Token (JUV), a blockchain token released by Italian professional soccer club, Juventus, in collaboration with…
China Blacklists Blockchain Company From Exporting Medical Supplies to Other Countries
The Chinese government has banned state-backed blockchain firm, Tus Data Asset, from exporting medical supplies to countries dealing with the COVID-19 pandemic. According to the local newspaper The Global Times, the Beijing-based company was blacklisted on April 15 by the Ministry of Commerce because they “distorted” the nation’s image by selling poor-quality products. They additionally apologized for not supervising third-party suppliers more effectively. It is worth noting that Tus Data Asset is the first blockchain tech firm controlled by state capital. Low-quality products reportedly returned by overseas clients The company…