Coronavirus

Former Bakkt CEO to Sell All Holdings After Insider Trading Accusations

Source Node: https://cointelegraph.com/news/former-bakkt-ceo-to-sell-all-holdings-after-insider-trading-accusations
Time Stamp: April 9, 2020 9:07 AM - Modified On: May 21, 2021 - Published By:
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Following major accusations of insider stock trading during the coronavirus-induced market crash, Senator Kelly Loeffler (R-GA), the former CEO of Bakkt, is liquidating her holdings with her husband.In an April 8 tweet, Loeffler said that she and her husband Jeffrey Sprecher, CEO of ICE, which is the company that owns Bitcoin (BTC) options contracts regulator Bakkt, are liquidating their holdings in managed accounts to focus on tackling the coronavirus situation.“I’m doing it because the issue isn’t worth the distraction”The former CEO of Bakkt has also published an opinion piece in

Revolut Offers Cryptocurrency Service to its 7 Million Users Amid COVID-19 Crisis

Source Node: https://coinfomania.com/revolut-to-provide-crypto-support-for-its-7-million-users-to/?utm_source=rss&utm_medium=rss&utm_campaign=revolut-to-provide-crypto-support-for-its-7-million-users-to
Time Stamp: April 9, 2020 7:23 AM - Modified On: May 21, 2021 - Published By:
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The outbreak of the Coronavirus pandemic has affected the economic growth of many countries around the world.  Most financial institutions are forced to proffer different initiatives to mitigate the harsh effect of the virus on the global financial market. Central banks continue to print more banknotes to stimulate the economy in the fight against the outbreak. However, many reports have revealed that banknotes are potentially not safe during this time as they could help transmit the virus from one person to another. There is also the fear that excess money

Bitcoin Doesn’t Care as US Debt Reaches an Unfathomable $24 Trillion

Source Node: https://cointelegraph.com/news/bitcoin-doesnt-care-as-us-debt-reaches-an-unfathomable-24-trillion
Time Stamp: April 9, 2020 4:39 AM - Modified On: May 21, 2021 - Published By:
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The national debt of the United States has crossed $24 trillion for the first time in history as Donald Trump’s presidency adds $4 trillion in four years.According to figures from online monitoring resource Trading Economics, the tally now stands at $24.018 trillion as of April 9. The amount is equal to $72,888 for each U.S. citizen, or $193,805 per taxpayer.U.S. massive debt mountain mushroomsThe almost incomprehensible size of national debt comes weeks after the Federal Reserve began an unprecedented money printing program. Providing $6 trillion of liquidity, the Fed led responses

Fear, Greed and the Evolution of Money in the Age of the Coronavirus Pandemic

Source Node: https://cointelegraph.com/news/fear-greed-and-the-evolution-of-money-in-the-age-of-the-coronavirus-pandemic
Time Stamp: April 9, 2020 4:24 AM - Modified On: May 21, 2021 - Published By:
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The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, on edge and struggling to sleep through the night.We watched as China took extreme measures to improve the coronavirus crisis there. We watched as Italy locked down the country and people scurried to other parts of Europe. We then watched as California Governor Gavin Newsom took early measures for the U.S. and locked

3 Options for Traders as Bitcoin Price Is on the Verge of a Breakout

Source Node: https://cointelegraph.com/news/3-options-for-traders-as-bitcoin-price-is-on-the-verge-of-a-breakout
Time Stamp: April 9, 2020 2:48 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin price (BTC) is currently in a sort of stasis, unexcitedly trading in the expected range and over the past 48-hours dropping to the former rising wedge trendline at $7,150 and again to the $7,200 support before rebounding to the low $7,400 region.Crypto market daily price chart. Source: Coin360For the time being, the price is consolidating within the $7,200 to $7,460 range. The next thing bulls will be looking for is for BTC price to push above the recent high to set a higher-high above $7,663 before launching a move

COVID-19 Has Reduced the Risk of a Post-Halving Price Dump

Source Node: https://cointelegraph.com/news/covid-19-has-reduced-the-risk-of-a-post-halving-price-dump
Time Stamp: April 9, 2020 12:15 AM - Modified On: May 21, 2021 - Published By:
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The recent COVID-19 market crash has reduced the risk of a halving price dump and could have set up a Bitcoin bullrun, some cryptocurrency experts believe.Earlier today Chainalysis brought together a group of industry experts for an online panel to discuss the impact of COVID-19 on Bitcoin and what it means for the future.Chris Bendikson, Head of Research at CoinShares, said he believed the recent price crash in March had prepared miners early for the halving, which will reduce the sudden impact it could have had on their profitability. Those

‘Rich Dad Poor Dad’ Author Says Gold, Silver, and Bitcoin Lie Outside the System

Source Node: https://cointelegraph.com/news/rich-dad-poor-dad-author-says-gold-silver-and-bitcoin-lie-outside-the-system
Time Stamp: April 8, 2020 9:06 PM - Modified On: May 21, 2021 - Published By:
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Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, mentioned Bitcoin (BTC) numerous times in a podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano, referring to the asset as an escape.“The reason I endorse Bitcoin is because is just for one frickin reason — you’re not part of the system,” Kiyosaki said. “It’s a separation of government and my money,” he laughingly added, quoting sentiment Pompliano has expressed many times.   Uncertain times can spurr flight to safetyThroughout the interview, Kiyosaki riffed on many concepts through the

How to Look Good on Zoom

Source Node: https://www.bitcoinmarketjournal.com/how-to-look-good-on-zoom/
Time Stamp: April 8, 2020 7:25 PM - Modified On: May 21, 2021 - Published By:
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The Brady Bunch: The original Zoom callers. During this time of Coronavirus Communication (CoCo), everyone is doing calls on Zoom. The way you look on Zoom matters. Poor lighting and camera placement are the new equivalent of coming into the workplace unshowered and unshaven. At Media Shower, we’ve been using Zoom for years. Here are a few Zoom best practices for looking your best: 1) Turn on your video. Otherwise, you’re literally phoning it in. 2) Dress it up. Shower, shave, put on a shirt. Get out of the sweatpants. If you’re getting

Mike Novogratz Thrashes Stocks in Favor of Bitcoin and Gold 

Source Node: https://insidebitcoins.com/news/mike-novogratz-thrashes-stocks-in-favor-of-bitcoin-and-gold/257264
Time Stamp: April 8, 2020 7:01 PM - Modified On: May 21, 2021 - Published By:
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Mike Novogratz, the billionaire and founder of cryptocurrency merchant banking firm Galaxy Digital, has cast doubt over the long-term stability of the United States stock market.In the wake of widespread market rebounds from the coronavirus, the billionaire and Bitcoin bull has come out to bash traditional stock portfolios, touting alternative investment classes like Bitcoin and gold instead. Cash is Trash, and Stocks are MisleadingNovogratz appeared on a recent episode of CNBC’s “Squawk on the Street” segment earlier this week, where he counseled investors to keep off traditional stocks and keep their wealth

Silk Road Founder Shares Health Update from Jail 

Source Node: https://insidebitcoins.com/news/silk-road-founder-shares-health-update-from-jail/257261
Time Stamp: April 8, 2020 6:58 PM - Modified On: May 21, 2021 - Published By:
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Ross Ulbricht, the founder of the once-popular Dark Web marketplace Silk Road, has shared his health update with members of the tech and crypto communities in the wake of the coronavirus pandemic.Ulbricht was identified as the marketplace’s creator in 2013, and he’s been in jail for about seven years. However, with the coronavirus pandemic causing special attention to prisons, he’s come out to put everyone at ease on his health. Prisons: Petri Dishes for VirusesIn a tweet posted earlier this week, he explained that he’s completely fine and doesn’t know anyone in

Price Analysis April 8: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-8-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 8, 2020 3:32 PM - Modified On: May 21, 2021 - Published By:
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Central banks around the world have pumped up their economies with huge stimulus measures. JPMorgan Chase’s chairman and CEO, Jamie Dimon, praised the United States for taking swift action to counter the current economic crisis. Despite the kind words, in a letter to JPMorgan shareholders, Dimon warned that the future “will include a bad recession combined with some kind of financial stress similar to the global financial crisis of 2008.”Ballet CEO and founder Bobby Lee expects Bitcoin to reach $10,000 by its block reward halving next month. Lee expects the