U.S. Stimulus Check Recipients Spending USD to Purchase Bitcoin (BTC)

The U.S. stimulus checks are finally arriving in the bank accounts of those affected by the COVID-19 pandemic. Close to 22 million people have lost jobs in the country over the past month and in an attempt to financially equip them to make it through the current troubled times, the U.S. government is paying the populace checks bearing a sum of $1,200. And although the vast majority of recipients are using the amount to buy essential goods, some are choosing to spend a part of the sum to purchase Bitcoin…

Bitcoin Holds $7K as China Sees First GDP Drop, Oil Lowest Since 1987

Bitcoin (BTC) was fighting to keep $7,000 support on April 17 as China saw a historical GDP contraction and oil sank to prices last seen in 1987. Cryptocurrency market daily overview. Source: Coin360 BTC price uncertain at $7,000 Data from Coin360 and Cointelegraph Markets showed BTC/USD repeatedly testing the $7,000 mark as the week drew to a close, having reached highs of $7,195 on Thursday. At press time, the pair circled $7,050 amid choppy conditions as traditional markets continued to shock investors. Bitcoin 1-day price chart. Source: Coin360 Oil saw…

Quantitative Analysis Advisor Autowhale – Blockchain News, Opinion and Jobs

Listed in: Blockchain Jobs. 👔 Requirements/Skills: Comprehensive CV outlining your educational and work experience which is relevant for the quired skills 1-3 pages document outlining reference projects you already built or worked at. Examples for suitable work-experience: Scientific research, hedge funds, trading desks, data science/machine learning, … 5+ years in at least one the given industries Academic degree in one of the given fields 🚀 Expectations: Must sign commitment agreement before grants get approved Excellent understanding of financial markets and ranking criteria Excellent in clear communication and…

10 Things Every Blockchain Engineer Should Know in 2020

Blockchain is no longer just the backbone of Bitcoin (BTC) or cryptocurrencies. It is more than that. Its application in various industries is as wide as the seas. And despite the technology’s limitations and challenges, demand for blockchain engineers increased by more than 500% between 2018 and 2019. Many engineers are wanting to jump on the blockchain bandwagon. Blockchain engineers can have a head start or stay relevant if they know these 10 aspects of the industry. Maybe not all of them. But the more they know, the better. Blockchain…

CoinMarketCap Traffic From Women & Young Adults on the Rise Amid Lockdown

April 17, as part of the BlockDown 2020 online blockchain conference, CoinMarketCap’s Chief Strategy Officer and Interim CEO, Carylyne Chan, presented the company’s report into the cryptocurrency market for the first quarter of 2020. Trends analyzed through market cap and user insights Chan began the presentation by looking at how price and market cap had been affected during Q1. After a strong start to the quarter, both Bitcoin (BTC) and the wider market took a bashing at the hands of the COVID-19 pandemic. This has now largely retraced and the…

Retail Banks in Poland Launch BIK’s Blockchain-Based Client Data Tool

Blockchain’s varied applications are becoming more useful for global banking institutions with each passing day. Yesterday, Polish retail banks rolled out a blockchain-based customer data platform developed by the Polish Credit Bureau, also known as Biuro Informacji Kredytowej, or BIK. BIK, the biggest credit bureau in Central and Eastern Europe, has enabled banks in Poland to send notifications of commissions and fees changes on blockchain via its new document management product. Polish Credit Bureau and Billon were developing the platform since 2018 Developed in collaboration with Polish-British fintech firm, Billon,…

Bitcoin Mining Farm

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Blog: Combatting COVID-19 through data: some considerations for privacy

A blog by Elizabeth Denham, Information Commissioner 17 April 2020 There’s an often quoted line about knowing the past to understand the present. It came to mind this week, as I looked at the work we had been doing on contact tracing and location data in the context of COVID-19. Data protection law emerged in the UK out of a concern that the benefits of new technology could be lost if advances were not embraced by the population. Data protection law was seen as a way to support innovation by…

Wright v. Kleiman Enters Final Act — Document Reveal May Set Precedent

Another episode of the Kleiman v. Wright saga concluded Monday with District Court Judge Beth Bloom ordering Craig Wright to turn over the 11,000-plus documents that Wright had declared “privileged.” Riveting the crypto world for more than two years, the case centers on 1.1 million Bitcoin that may or may not have been mined by Satoshi Nakamoto, Bitcoin’s founder, which may or may not be in a trust controlled by Craig Wright, who claims to be Satoshi Nakamoto himself. If any Bitcoins are retrieved, Wright may have to share them…