#Bitcoin News

Opera Browser Brings Seamless Crypto Buying to EU Countries

March 30, 2020 by Anthonia Isichei at Bitcoin

Norwegian web browser Opera has expanded its crypto services to include the European Union (EU) countries in addition to four other countries, through a collaboration with Wyre, a U.S. -based cryptocurrency remittance platform. Opera Browser’s Crypto Services Now in 28 Countries In a press release on Monday (March 30, 2020),...

Bitcoin (BTC) Continues to Be Positively Correlated with Equity Markets, Research Says

March 29, 2020 by Aisshwarya Tiwari at Bitcoin

According to a report published by The Block, on March 28, 2020, premier cryptocurrency Bitcoin (BTC) continues to struggle to establish its “safe-haven” status amid the ongoing financial crisis courtesy of the devastating COVID-19 pandemic. Bitcoin “Safe-Haven” Status a Distant Dream? Launched in a bid to not allow an encore...

Coinbase Graffiti Loves Defi on Brick Wall

Coinbase Wallet Users Can Now Access DeFi Apps and Earn Crypto Interest

March 26, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Coinbase Wallet, the dedicated cryptocurrency wallet from the stables of Coinbase exchange, has announced the integration of new DeFi apps into the wallet to make it easier for users to lend out their digital assets and earn interest, according to a blog post on March 25, 2020. Coinbase Wallet Integrates...

BKL looking at an invoice settled with satoshis

Crypto.com Rolls Out Bitcoin Invoicing Service for Users

March 25, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Crypto.com, a leading crypto-focused business that allows users to easily buy, sell, earn and pay with bitcoin (BTC) and altcoins at various locations, has announced the launch of its new invoicing service. The firm says the new service makes it possible for merchants using Crypto.com pay, to generate and send...

Monex Group Includes Bitcoin in Year-end Shareholder Benefit Package

March 23, 2020 by Anthonia Isichei at Bitcoin

Tokyo-based financial services company, Monex Group, recently announced that shareholders in the firm will receive bitcoin as part of the year-end benefit package for 2019. 500 Yen Worth of Bitcoin for Coincheck Users The company made the announcement on Monday, March 23, 2020. According to the Japanese firm, shareholders will receive...

The Internet Is Space, Bitcoin Is Energy, What Is Matter?

March 23, 2020 by Jefferson Nunn at Bitcoin

The most defining element of humanity is our ability to create. When this ability is fully channeled, all of our human experience is expressed as divine works that is greater than ourselves. Examples of this expression can be seen in the works of Beethoven, Picasso and Edgar Allen Poe. What...

Bitcoin (BTC) Search Index on Baidu and Google Skyrockets

March 23, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Chinese search engine, Baidu has revealed that the more and more citizens are getting interested in Bitcoin, as the total search index for the blockchain-based digital asset surged by 183 percent in the last 30 days, according to a report by local news source ShenlianCaijing on March 21, 2020. Chinese...

COVID-19 Panic Tests Bitcoin Uncorrelated Asset Narrative

March 23, 2020 by Osato Avan-Nomayo at Bitcoin

Bitcoin (BTC) trading is currently seeing its highest correlation with the S&P 500 stock market index as panic over the coronavirus (COVID-19) pandemic is reportedly forcing investors to embark on massive portfolio de-risking. Bitcoin Trading Correlation with S&P 500 Reaches All-Time High Data from crypto analytics platform Coin Metrics shows...

COVID-19: A New Reality

March 22, 2020 by Jefferson Nunn at Bitcoin

On the morning of September 11, 2001, I was rudely awakened by an incessant buzzing from my cell phone. It had vibrated so much that it was on the floor next to my bed. I answered the phone and my coworker, David Billson just said, “Turn on the TV.” “Why?”...

Cointree and Gobbill Partner to Let Aussies Pay Their Bills with Cryptocurrency

Australia: RBA Survey Finds Fewer Than 1% of Aussies Used Crypto for Payment in 2019

March 21, 2020 by Aisshwarya Tiwari at Bitcoin

According to a recent report by the Reserve Bank of Australia (RBA), fewer than 1 percent of Australians paid for consumer goods with digital currencies. This, according to a report by Coindesk, March 20, 2020. Crypto Usage Among Aussies Still Lukewarm While cryptocurrencies have existed for more than a decade,...

Bitcoin Shows Some Signs of Stabilization After Brutal Decline

Is Bitcoin Primed to Decouple From Legacy Assets?

March 20, 2020 by Ashwath Balakrishnan at Bitcoin

Bitcoin has shown substantial stability in the last few days as legacy markets continued to crash, per Bloomberg, March 21, 2020. After the correlation between Bitcoin and the S&P 500 hit an all-time high over the last week, can Bitcoin make a move and set the tone for the revival of its...

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...

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