#Bitcoin News

Large Investors Catalyst Behind Crypto Market Rout, Says Chainalysis

March 19, 2020 by Ashwath Balakrishnan at Bitcoin

Bitcoin's safe haven narrative fell through as large investors liquidated their holdings in search of cash and less risky assets. Cryptocurrency analytics firm Chainalysis reported that 70% of exchange activity came from institutions and high net-worth investors, per Bloomberg, March 19, 2020. Anatomy of the Recent Downturn Bitcoin was trading in the...

Venezuela: P2P Bitcoin (BTC) Trading Surges Amidst Coronavirus Scare

March 18, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The daily Bitcoin (BTC) trading volume of Venezuelan peer-to-peer (P2P) exchanges has been on the rise over the past two weeks, as President Nicolas Maduro has ordered the nation to go into quarantine as part of measures to contain the coronavirus pandemic, reports Decrypt on March 17, 2020. Venezuelan Banks...

Italy: Red Cross Now Accepts Bitcoin (BTC) Donations for COVID-19 Crisis

March 15, 2020 by Aisshwarya Tiwari at Bitcoin

Amid the COVID-19 pandemic that has engulfed the whole world by storm, the Italian Red Cross – Young Platform, and the Colli Albani Committee - on March 15, 2020, announced that they are now accepting donations in Bitcoin (BTC) with the help of Helperbit. Italian Red Cross Embraces Bitcoin In...

Research: Bitcoin is the Third Most Used Payment Method in Italy

Quarantined Masses Shopping With Bitcoin (BTC) Amid COVID-19 Fears

March 14, 2020 by Aisshwarya Tiwari at Bitcoin

Quarantine measures imposed by states the world over in the wake of the COVID-19 pandemic have led to a surge in screen time use and online shopping among the masses. Interestingly, this has also had a bearing on the use of cryptocurrencies for online shopping leading to “unprecedented growth” for...

Coronavirus, Upcoming Bitcoin Halving Spell Doom for BTC Miners

March 14, 2020 by Aisshwarya Tiwari at Bitcoin

According to a Bloomberg report published on March 13, 2020, Bitcoin (BTC) miners the world over are facing a serious crunch in terms of their profit amid the ongoing slump in the price of the premier cryptocurrency fuelled by fears over COVID-19. Bitcoin Miners Facing the Heat Amid the recent...

Bitcoin Price Crash Forces Coinbase to Implement Transaction Batching

March 13, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Coinbase, a leading United States-based cryptocurrency exchange has announced the introduction of Bitcoin transaction batching for both Coinbase and Coinbase Pro users. This will significantly slash transaction fees for traders, while also improving the scalability of the Bitcoin network, according to a blog post on March 12, 2020. Bitcoin Transaction...

Coronavirus: CME Group Closing Chicago Trading Floor

March 12, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The Chicago Mercantile Exchange (CME), a global derivatives marketplace offering clients bitcoin (BTC) futures contracts and more, has announced plans to shut down its Chicago trading floor after the close of business on Friday, March 14, 2020, as a precautionary measure against the coronavirus pandemic, according to a CNBC report...

Hands Holding chips with logos from crypto currencys.

Human Rights Foundations Opens Door to Bitcoin (BTC) Donations

March 11, 2020 by Ashwath Balakrishnan at Bitcoin

The Human Rights Foundation (HRF) is now accepting donations in the form of Bitcoin (BTC). Using their own self-hosted BTCPayServer, the HRF will now be able to tap into the niche market to accept donations in a currency that has an ethos broadly in-line with their own, March 11, 2020....

Asia’s First Cryptocurrency Visa Debit Card Set to Launch in Singapore

Crypto.com’s MCO Visa Card Now Supported on Apple, Google Pay

March 10, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Crypto.com, a payment and crypto platform that allows users to buy, sell, hold and pay with Bitcoin (BTC) and other cryptocurrencies, has announced that its Visa Card is now live on several payments apps including Google, Apple, and Samsung Pay, according to a blog post on March 10, 2020. Crypto.com...

Wilsons Auctions to Conduct Ireland’s First Public Online Bitcoin Auction Sale

March 9, 2020 by Anthonia Isichei at Bitcoin

Wilsons Auctions, a leading auctions company in Ireland and the UK, announced plans to auction over $125,000 worth of seized bitcoin and other digital currencies. Although not the company’s first crypto auction sale, this is the first online public bitcoin auction in Ireland. $125,000 Worth of Bitcoin Auctioning in Ireland...

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