Fidelity, Coinbase And Highland Capital Take Part In $6 Million Funding Round For Coin Metrics

The continued growth and expansion of blockchain technology and cryptocurrency into the mainstream and enterprise space has accelerated the desire for stronger and more robust analytics in the industry. The technology alone makes it quite amenable to the analysis of the tokens and transactions on different platforms, and firms like Coin Metrics look to be providers of such data.

PayPal Is Hiring a Blockchain Strategy Director

Digital payments giant looks to hire a highly experienced person in charge of overseeing their blockchain-related strategies.

Civic Wallet’s $1 Million Guarantee Could Bolster Mainstream Cryptocurrency Adoption – BeInCrypto

Blockchain identity startup Civic Technologies has just raised the stakes in the cryptocurrency Unlike the physical wallet in your back pocket, a cryptocurrency wallet doesn’t actually store currency but the keys to a… wallet More landscape.

CoinEx and Simplex Form Global Partnership to Offer Credit Card Payments of Cryptocurrencies

CoinEx, a global and professional cryptocurrency exchange service provider, has reached a new partnership with the leading fiat infrastructure provider, Simplex. It makes cryptocurrency buying more convenient on CoinEx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200331005267/en/ CoinEx and Simplex Established a New Global Partnership.

An ether mining firm is acquiring a bitcoin mining facility for $2.8M

HIVE Blockchain Technologies, a Canada-based publicly-traded ether (ETH) mining firm, is diversifying into bitcoin mining operations. Announcing the news on Monday, HIVE said it is acquiring a 30 megawatts (MW) bitcoin mining facility from Cryptologic Corp for about CA$ 4 million (~US$2.8 million) in Quebec. HIVE currently has ether mining facilities in Sweden and Iceland.

WHO Develops Blockchain Platform to Fight Against Coronavirus

As the coronavirus epidemic has spread all across the globe and infected over 7,87,000 and killed more than 37,000 people, World Health Organization has decided to launch its own blockchain-based platform for global information and monitoring of the COVID-19 pandemic. IBM and Oracle are entrusted with the responsibility of developing a coronavirus data hub for WHO blockchain.

Congress Flirts With Digital Dollar; Crypto’s Hiring Boom

Get Forbes’ top crypto and blockchain stories delivered to your inbox every week for the latest news on bitcoin, other major cryptocurrencies and enterprise blockchain adoption. The crypto community was abuzz Monday night when a leaked draft of the economic stimulus bill proposed by Speaker of the House Nancy Pelosi introduced a “digital dollar” as a way to deliver payments directly to U.S.

BitMEX Long on Bitcoin Development, Increases Grant to $100K

HDR Global Trading that owns and operates BitMEX is committed to “Bitcoin development is for the long term”. Today, the company announced that it will increase its 2019 grant to Bitcoin core dev Michael Ford to $100,000.

Kraken’s VIP clients make bullish Bitcoin price predictions

News Business Kraken’s interviewed VIPs are bullish on Bitcoin, unsurprisingly. Image: Shutterstock. In brief Kraken has conducted a survey among its VIP clients. Roughly half of the respondents predict Bitcoin’s will reach over $22,000 in 2020. Traders hope the SEC will approve Bitcoin exchange-traded funds this year.

Xage adds full-stack data protection to blockchain security platform

Xage, a startup that has been taking an unusual path to secure legacy companies like oil and gas and utilities with help from the blockchain, announced a new data protection service today. Xage CEO Duncan Greatwood, says that up until this point, the company has concentrated on protecting customers…

Institution-Focused Crypto Trading Platform Reports 737% Revenue Increase in 2019

Cryptocurrency 46 minutes ago (Mar 31, 2020 09:20AM ET) Institution-Focused Crypto Trading Platform Reports 737% Revenue Increase in 2019 Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019.

Bitcoin (BTC) Price Already In Bull Run, Next FOMO Buy Level Identified by Trader

‘When others are selling, buy. When others are buying, sell’ is a mantra attributed to numerous trading legends. This may just be the case for Bitcoin right now

The Crypto Industry’s $400M Cash and Stock Deal – Binance to Acquire Coinmarketcap.com | Bitcoin News

The popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. People familiar with the matter explained the acquisition will be announced this week and could be one of the largest procurements in the cryptocurrency and blockchain industry to-date.

Bitcoin exchanges see massive surge in new users this month – Decrypt

Five exchanges saw a notable increase in both signups, and trading volume-with some citing a doubling, or in some cases, a tripling of their usual rate of new signups. These exchanges are: Kraken, OKex, Bitfinex, Paxful, and Luno. Bitcoin exchange Kraken saw an uptick in new users this month. Image: Shutterstock.

‘Prime Brokerage’ for Crypto: Apifiny Launches Institutional Platform to Connect Exchange Liquidity

Cryptocurrency 32 minutes ago (Mar 31, 2020 12:20PM ET) ‘Prime Brokerage’ for Crypto: Apifiny Launches Institutional Platform to Connect Exchange Liquidity Institutions will now be able to trade on every single crypto market simultaneously thanks to GlobalX, an API platform launched on March 31 by San Francisco-based firm Apifiny.

Bitcoin mining revenue has grown 1,900% since 2013 – Decrypt

News Coins Bitcoin mining revenue has gone up every year. Image: Shutterstock. Since 2013, Bitcoin miners have seen a twenty-fold increase in mining revenue. According to data from Statista global bitcoin mining revenue breached the $5 billion mark in 2019-marking a near 20 times increase in just five years.

CryptoAM.io And BABB Use Blockchain To Feed London’s Hungry And Vulnerable

In an attempt to reignite community spirit during the coronavirus pandemic, James Bowater of City AM’s Crypto Insider listed a fundraiser on the BABB (Bank Account Based Blockchain) platform to help elderly and vulnerable people residing around Canary Wharf, Poplar and the Isle of Dogs in London,…

BMW Group uses Blockchain to drive supply chain transparency

Blockchain technology is ever more present and now BMW Group is preparing to implement it as to further optimize and increase the transparency of the supply chain across the network. Due to its clear, timestamped structure, blockchain ensures data preservation and thus extended protection and security.

Food Producers Must Use Blockchain to Win Back Consumer Trust – Report

Food, drink and dietary supplement producers need to adopt blockchain technology if they are to gain the trust of increasingly skeptical consumers, per a new report.

Shanghai Gas Collaborates with VeChain to Roll out Blockchain-Powered Energy-as-a-Service Platform After Successful Test Phase

Shanghai Gas (Group) Co., Ltd, a wholly-owned subsidiary of Shenergy Group Company Limited which provides energy coverage for greater Shanghai Metropolitan area, collaborate further with VeChain to develop and roll out a blockchain-enabled energy project. The partnership aims to optimize business processes

Plugging into C-Lightning: The Future of Lightning Plugins Is Bright

Trying to navigate the different Lightning implementations can be a challenge. Although there were initially three implementations: c-lightning, eclair and lnd, more continue to come out of the woodwork all the time with ptarmigan, rust-lightning and Electrum the most recent to enter the fray.

PayPal Evaluating Blockchain Use Cases After CEO Reveals He Owns Bitcoin (BTC) | The Daily Hodl

A new job listing posted by PayPal shows that the payments giant is looking for a director of anti-money laundering and blockchain strategy as the company appears to be exploring how it can harness the power of the emerging technology. The team member will be tasked with evaluating blockchain use cases on top of preventing financial …

Online shoppers go crazy for BitcoinRewards.com: $360 Million dollars in Litecoin and Bitcoin for free

BitcoinRewards’ new Google Chrome extension is raising the bar in the online shopping world, geared towards Bitcoin, the ambitious team is set to distribute $360 Million USD in Bitcoin and new reward addition Litecoin just for shopping online in 2020.

Remote Working Proves Unexpected Hero as Half of US Economy Shifts to Home Offices – CoinDesk

As economists scramble to assess the devastating impact of the coronavirus, they’re homing in on an unexpected hero that’s mitigating the damage in the U.S.: remote working. With offices across the country closed and people stuck in their homes, many professional workers have accomplished a not-seamless but ultimately successful transition to online workplaces – allowing those in crucial industry sectors including professional and business services to continue doing their jobs.

IoT App Nodle Moves From Stellar Blockchain to Polkadot – CoinDesk

Another blockchain project is heading to the Polkadot Network. Launched in 2017, Internet-of-Things (IoT) platform Nodle announced it is switching from the Stellar blockchain to Parity Technologies’ Substrate network, according to a blog post shared in advance with CoinDesk. Substrate lets teams customize their own blockchains; Nodle’s is called Arcadia.

Crypto Powered Internet Fills Access Gaps During Coronavirus – CoinDesk

Once the coronavirus hit, registered nurse Shannon Garcia suddenly needed to work from home, like thousands of others in the U.S. Not only would her isolation make space in a crowded hospital, she’d keep herself safe. Having cardiac arrhythmia and lung damage, she’s more vulnerable to the global virus taking a toll on her health.

Bitcoin’s Lightning Becomes Latest Protocol to Court Publishers With Micropayments – CoinDesk

The trouble with bitcoin payments these days may be a lack of spenders, not spending opportunities. On Monday, the Silicon Valley bitcoin startup Lightning Labs announced a new standards proposal that makes it easier for companies to automate small bitcoin (BTC) payments, like ongoing subscriptions.

Ex-Royal Mint Team Now Provides $1M Insurance Cover for All Civic Crypto Wallets – CoinDesk

A new cryptocurrency wallet insurance product from Coincover offers better protection than many existing custodial solutions, the firm says. The Cardiff, U.K.-based risk management provider announced Tuesday that its insurance policy, underwritten by Lloyd’s of London, would now provide Civic wallet users up to $1 million in cover.

Australian Crypto Exchange CoinSpot Wins ISO Security Accreditation – CoinDesk

CoinSpot, one of Australia’s top cryptocurrency exchanges by trading volume, says its security systems have been given the International Organization for Standardization (ISO) stamp of approval. The news marks the platform as the first cryptocurrency exchange in Australia to receive an ISO information security accreditation.

RSK Launches Interoperability Bridge Between Bitcoin and Ethereum – Sunriseread

The guardian firm behind the bitcoin-based sensible contract platform RSK has launched a token bridge becoming a member of it to ethereum. Gibraltar-based developer IOV Labs mentioned this week its newly launched interoperability bridge would enable customers to cross RSK- and ethereum-based digital property, together with ether and ERC-20 tokens, throughout the completely different protocols.

IBM’s Blockchain Will Support The MiPasa COVID-19 Data Project

Announced on March 27 th, IBM’s Blockchain Platform will support the data steaming service for the MiPasa Project. MiPasa is utilizing data analytics and privacy tools for the public health analysis of COVID-19. The information is sourced from the World Health Organization, the Center of Disease Control and others similar agencies.

World Health Organization Teams With IBM, Oracle on Blockchain-Based Coronavirus Data Hub – CoinDesk

A healthcare worker collects a coronavirus sample. (Credit: Shutterstock) World Health Organization Teams With IBM, Oracle on Blockchain-Based Coronavirus Data Hub Big names including IBM, Oracle and the World Health Organization (WHO) are among the collaborators on an open-data hub that will use blockchain technology to check the veracity of data relating to the coronavirus pandemic.

South Korea’s Largest Bank Launch a Crypto Custodial Service

Cryptocurrency 36 minutes ago (Mar 28, 2020 12:00PM ET) South Korea’s Largest Bank Launch a Crypto Custodial Service Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future.

Chinese Insurers Tap Blockchain to Speed Coronavirus Payouts – Sunriseread

Blockchain expertise is reportedly serving to to streamline medical paperwork processing for insurance coverage service suppliers as international coronavirus containment efforts proceed. Leveraging blockchain’s potential to course of data transparently and effectively, insurance coverage service suppliers are counting on the expertise to pace claims payouts in over 27 coronavirus affected Chinese cities, in addition to …

More Canadian People are Now Using Bitcoin ATMs Amidst the Spread of Coronavirus Pandemic | InstaBulletin

A global survey has highlighted that the use of cryptocurrency ATMs has been rising exponentially across the world due to the spread of the coronavirus pandemic. During these tough days, a lot of people have been facing difficulty in accessing various financial services. And the imposition of new regulations following the coronavirus pandemic has made …

Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation | Regulation Bitcoin News

Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on its application.

Report: Crypto Investment Wealth is highest in the San Francisco Bay Area

Crypto tax tool CoinTracker has released a report comparing the prevalence of cryptocurrency ownership in major cities across the United States. The report is based on user data that CoinTracker has collected since 2013. CoinTracker found that the four top-ranked cities with an average size of the c

Australian Government Eyes Business Benefits in New National Blockchain Roadmap – Sunriseread

The Australian authorities lately unveiled plans to ramp up innovation by blockchain expertise with an up to date nationwide roadmap, launched Feb. 7. The Ministry for Business, Science, Power and Assets has formulated a brand new nationwide technique geared toward capturing the potential worth generated through business-related blockchain exercise, with a specific concentrate on supporting …

Madrid Team Builds Iota-Based Decentralized Information Platform to Combat Coronavirus

Cryptocurrency 40 minutes ago (Mar 28, 2020 03:00PM ET) Madrid Team Builds Iota-Based Decentralized Information Platform to Combat Coronavirus A team based in Madrid, one of the epicenters of the coronavirus pandemic, has released an Iota Tango platform that helps combat the coronavirus.

Trillion-Dollar Stimulus Jumpstarts Project To Issue Central Bank Currency On Ethereum

Digital dollars exploded into mainstream headlines earlier this week. As the U.S. House of Representatives scrambled to craft a draft bill that would authorize trillions of dollars in payments to “consumers, states, businesses, and vulnerable populations during the COVID-19 emergency” it introduced the digital dollar concept that could potentially let the Federal Reserve, responsible for printing U.S.

Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance

Cryptocurrency 29 minutes ago (Mar 28, 2020 11:00AM ET) Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance While Singapore recently adopted specific cryptocurrency legislation – the Payment Services Act (PSA) – in January 2020, it turns out that some crypto firms like , Coinbase and Binance have been exempt from the law since the beginning of the year.

Strange Days: S&P 500 Is More Volatile Than Bitcoin This Month – CoinDesk

In a role reversal befitting these topsy-turvy times, Wall Street has recently seen more turbulence than the top cryptocurrency. The S&P 500’s 30-day volatility of daily returns, or historical volatility, jumped to 200 percent Wednesday, nearly 10 times the average volatility of 27 percent observed in the preceding 12 months, according to data from the Federal Reserve Bank of St.

Coinbase Commerce Scores 8,000 Retailers, $200M in Transactions

Coinbase Commerce, the merchant arm of the San Francisco-based cryptocurrency exchange, revealed that it has achieved the double milestone of $200 million in transactions as well as has crossed 8,000 integrated retailers. Commerce product lead John Zettler told CoinDesk that activity in its retailers network wasn’t impacted by the chaos triggered by the novel coronavirus.

US Homeland Security lists blockchain as Covid-19 critical service – Ledger Insights – enterprise blockchain

The U.S. Department of Homeland Security (DHS) published guidelines for the coronavirus pandemic, listing blockchain managers in food and agricultural distribution as ‘critical infrastructure workers’. The Cybersecurity and Infrastructure Security Agency (CISA), a department of the DHS, has developed an initial list of sectors and workers who should continue their regular schedule.

Coronavirus will not delay the launch of China’s national blockchain network

China’s Blockchain-based Service Network (BSN) will be launching in April 2020, as per schedule. BSN will make it easier for users to deploy their applications without having to build their own distributed ledgers from the get-go. Despite the outbreak of coronavirus, China has clarified that it will be launching its national blockchain network in April 2020, as scheduled earlier.

Coin Metrics Report Shows Stablecoin Transfer Value Hit $444 Million

According to the Coin Metrics report, stablecoins’ transfer value hit an all-time high following the crypto bloodbath on March 12.

The White House’s $6 trillion stimulus package is astronomically bullish for Bitcoin; here’s why | CryptoSlate

The entire world, including the Bitcoin industry, has been ravaged by the coronavirus outbreak over the past few weeks; indeed, to mitigate the spread of COVID-19, authorities have been forced to enact emergency measures, thereby shutting down thousands of businesses and resulting in millions laid off around the world.

As Trump Talks Trillions, Binance CEO Predicts $2T Bitcoin Market Cap

Cryptocurrency 25 minutes ago (Mar 25, 2020 07:00AM ET) As Trump Talks Trillions, Binance CEO Predicts $2T Bitcoin Market Cap After United States President Donald Trump first mooted a $1 trillion stimulus package for the U.S. economy in the wake of the coronavirus outbreak, people were shocked at what seemed like a gargantuan amount.

$100,000,000 Ripple Investment Brings Crypto and Blockchain Technology One Step Closer to Gaming Industry | The Daily Hodl

Blockchain gaming startup Forte is teaming up with five developers to tap the technology underpinning cryptocurrency and apply it to mobile and computer games. Forte is touting its new partnership with Hi-Rez Studios, Netmarble, Magmic, nWay and DECA Games, which will all be joining the firm’s existing roster of game creator partners, which includes Disruptor Beam, Other Ocean and Kongregate.

EOS Founder Says Bitcoin (BTC) Will Hit $250,000 – No Existential Financial Collapse Needed | The Daily Hodl

Despite the fear, uncertainty and doubt rattling both cryptocurrency and traditional markets, a number of crypto influencers are boldly predicting a massive comeback for Bitcoin (BTC). Messari CEO Ryan Selkis says he believes Bitcoin has “infinite” upside as far as its dollar value is concerned, considering the increasing intervention in monetary policy from the Federal Reserve.

Tron Partnered With Metal Pay to Allow Instant Buying of TRX in the U.S.

Cryptocurrency 45 minutes ago (Mar 25, 2020 09:00PM ET) Tron Partnered With Metal Pay to Allow Instant Buying of TRX in the U.S. Tron (TRX) partnered with cryptocurrency service provider, Metal Pay, to enable instant purchase of TRX in the United States.

Trillion-Dollar Stimulus Jumpstarts Project To Issue Central Bank Currency On Ethereum

Digital dollars exploded into mainstream headlines earlier this week. As the U.S. House of Representatives scrambled to craft a bill that would authorize trillions of dollars in payments to “consumers, states, businesses, and vulnerable populations during the COVID-19 emergency” it introduced the digital dollar concept that could potentially let the Federal Reserve, responsible for printing U.S.

NBA Star Spencer Dinwiddie Partners With Bitcoin (BTC) and Crypto Lending Platform Cred | The Daily Hodl

NBA star and outspoken crypto supporter Spencer Dinwiddie is teaming up with crypto lending and borrowing platform Cred. The partnership aims to promote a blockchain-based alternative that allows users to earn interest on stablecoins and other cryptocurrencies. Meanwhile, those seeking liquidity can use their crypto assets as collateral to secure a loan.

Neo Releases $11 Million From Cold Wallet to Fund Itself Through 2020

The Neo Foundation released more than $11 million in NEO from locked accounts to cover costs for 2020.

Blockchain project Solana raises $1.76M from its launch auction on CoinList

Blockchain project Solana has collected $1.76 million from its launch auction on CoinList, bringing its total raised to $25.6 million. The San Francisco-based startup aims to build a scalable layer 1 blockchain without exposing itself to the security risk associated with sharding.

Privacy Browser Brave Integrates Cryptocurrency Trading Through Binance

Privacy-oriented Brave has launched cryptocurrency trading within its browser. The company announced on Tuesday that over 12 million active monthly users of the privacy browser can now buy and sell cryptocurrencies, view their crypto balances, and obtain deposit addresses without leaving the browser.

https://tokenpost.com/Blockchain-Africa-conference-shows-continent-is-enthusiastic-about-new-technology-5347

China’s food markets uses blockchain for traceability, supervision – Ledger Insights – enterprise blockchain

A regional supervisor of one of China’s food markets has announced an agricultural product traceability platform based on blockchain, AI, big data, and cloud computing, reported RFID World. The platform used by the Guangzhou Municipality’s Market Supervision Bureau aims to monitor the flow of food products and enable better market control for the administration to ensure food safety.

Gold Faces a Very Physical Problem; Bitcoin To the Rescue!

Bitcoin’s competitor, gold, found itself in a peculiar situation due to the current pandemic: it’s getting increasingly difficult for it to move. Fears of stranded bullion led to London spot gold prices dropping far below U.S. gold futures. “There’s plenty of gold […]

IBMR to Provide $3.48 Million in Funding for ARCC Currency Reserve

Cryptocurrency 33 minutes ago (Mar 25, 2020 12:20PM ET) IBMR to Provide $3.48 Million in Funding for ARCC Currency Reserve The International Blockchain Monetary Reserve (IBMR) announced it has raised $3.48 million as an investment seed into ARCC Currency Reserve.

MIT experts build privacy-first coronavirus tracing app – Decrypt

Privacy experts from MIT have launched an application that tells you if you’ve crossed paths with a coronavirus patient-without sacrificing your privacy. Safepaths imports location data and timestamps from a user’s Google Account. Information is collected every five minutes. The app could help stop the spread of coronavirus. Image: Shutterstock.

Bybit adds USDT perpetual contracts as derivatives products proliferate

The number of options available to Bitcoin traders keeps on multiplying. In both the retail and institutional markets, the range of Bitcoin products available has mushroomed, with derivatives exchanges competing to woo traders with new options, lower margin rates, and an expanded range of contract types.

US CFTC Releases The Long-Awaited Final Guidance On ‘Actual Delivery’ Of Digital Assets

The U.S. Commodity Futures Trading Commission (CFTC) has released interpretive guidance about what exactly does ‘delivery’ of digital assets constitute. The announcement followed a unanimous vote in approving the interpretive guidance.

Binance CEO Explains Why Bitcoin (BTC) Price Can Easily Reach $100,000

According to a new report published by Kraken Intelligence, the in-house research team of one of the leading crypto exchanges, the Bitcoin (BTC) price could skyrocket to $350,000 by 2044. This will be possible if millennials invest at least five percent of their inherited wealth into Bitcoin (BTC).

Coinbase Wallet lets you earn interest with deeper DeFi integration

Coinbase’s mobile wallet app Coinbase Wallet puts you in control of your crypto assets. The app already lets you access decentralized crypto apps (dapps) using a dapp browser. But Coinbase is going one step further with deep integrations with some of the most popular DeFi projects. DeFi means “dece…

Hive Continues Independence Push as Steem Stakeholders Migrate to New Chain

Cryptocurrency 10 minutes ago (Mar 25, 2020 01:40PM ET) Hive Continues Independence Push as Steem Stakeholders Migrate to New Chain Over the past few days, the ex-Steem blockchain community has gained an upper hand over Justin Sun and his recently acquired Steemit startup.

Binance starts $5 million campaign to fight coronavirus

Today, Binance Charity, the blockchain-powered donation platform launched by major cryptocurrency exchange Binance, has launched a Coronavirus Relief Campaign. It aims to collect $5 million in cryptocurrencies like Bitcoin, XRP, Binance Coin and Binance USD, to give to coronavirus relief efforts.

Forte taps Hi-Rez, Netmarble as blockchain gaming partners – Decrypt

News Technology Image: Shutterstock In brief Five additional game developers will implement Forte’s blockchain platform. Hi-Rez Studios and Netmarble are the biggest-name studios in the bunch. Forte and Ripple oversee a $100M joint developers fund to enlist more creators.

This Unstable Moment Is a Chance for Crypto to Go Mainstream – CoinDesk

This Unstable Moment Is a Chance for Crypto to Go Mainstream Mark Blackman consults on emerging technologies after a career at Qualcomm. James Cooper, a CoinDesk columnist, is a professor of law at California Western School of Law in San Diego.

The Overton Window Opens for a Digital Dollar – CoinDesk

Legislation introduced to the U.S. Congress this week signals that the Overton Window – a metric of what’s politically feasible – is opening in favor of national digital currencies. While it’s unlikely we’ll see a digital dollar any time soon, the coronavirus crisis may help precipitate adoption of novel forms of money, members of the cryptocurrency industry and other observers say.

Why the $2 Trillion US Stimulus Will Expose the Monetary System’s Flaws

As the crypto community digests a new wave of government intervention and stimulus, Michael Casey and Noelle Acheson join for a discussion. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Crypto-Friendly Bank Revolut Launches in the US – CoinDesk

Mobile bank Revolut has launched in the U.S., with an eye to offering its cryptocurrency services sometime in the near future. The London-based challenger bank announced Tuesday that U.S. customers could now register for an account and sign up for a payment card. Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000.

8 US States Follow DHS in Naming ‘Blockchain Managers’ as Essential Employees in Coronavirus Crisis – CoinDesk

A growing chorus of U.S. states have directed “blockchain managers” in food and agriculture to keep working through their states’ respective COVID-19 shutdowns. The governors of Michigan, Massachusetts, Delaware, Ohio, Louisiana, California, Indiana and Washington state had all issued stay-at-home exemptions for blockchain managers by Tuesday afternoon, covering some 88 million residents currently or soon to be sheltering in place.

Sonnen: Latest German VPP’s use of blockchain ‘proves energy storage can solve grid congestion’

Blockchain technology and a digital trading platform is enabling sonnen’s latest virtual power plant (VPP) project in northeast Germany to store wind energy that would otherwise be curtailed and ‘lost’.

House Democrats Propose ‘Digital Dollar’ in Move Big For Bitcoin: Here’s Why

11 years after Satoshi Nakamoto launched Bitcoin, some facets of the U.S. government have finally indicated that they are seriously considering the creation of a digital dollar, a move that many say could validate cryptocurrencies, especially BTC.

6,000 GPUs Take a Break from Ethereum Mining to Contribute to Coronavirus Research – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust

CoreWeave, which is the largest United States based Ethereum (ETH) miner, has dedicated 6,000 of its Graphics Processing Units (GPUs) for finding a Coronavirus vaccine, via contributing them to [email protected] Essentially, [email protected] is a distributed network of computers which aggregate their power to simulate viruses and bacteria, and [email protected] has had success in the past,…

Major Securities Firm Gives Its Shareholders Bitcoin Benefits

Japan’s Monex Group has become the latest financial company to offer its shareholders cryptocurrency benefits – and will become the first major securities firm to give out end-of-year bitcoin (BTC) benefits. Per an official announcement, Monex – one of the country’s biggest securities companies and the operator of the Coincheck crypto exchange – will award all its shareholders with 500 yen (USD 4.52) worth of bitcoin.

Cardano Chief Compares US Dollar to OneCoin Scam as Fed Keeps Printing

Cryptocurrency 2 hours ago (Mar 23, 2020 12:40PM ET) Cardano Chief Compares US Dollar to OneCoin Scam as Fed Keeps Printing Crypto-Twitter has reacted with horror to the news that the United States Federal Reserve has been given a mandate to print as much new money as it needs to in order to avert a deeper financial crisis due to the coronavirus pandemic.

Bitcoin Posts Massive Green Candle After Fed Announces ‘Unlimited QE’ – BeInCrypto

Bitcoin BUY NOW is following the financial markets today as they all rise after news that the Federal Reserve would be purchasing an unlimited amount of treasuries and securities. The Federal Reserve is reversing its previous decision of setting aside $700 billion for asset purchases.

https://www.nasdaq.com/articles/through-supply-tracking-and-crypto-investment-coronavirus-touches-blockchain-technology

This Crisis Will Recognize Bitcoin as Simply a Better Way to Hold Value: Tim Draper

Venture capitalist Tim Draper, who criticized the Indian government for considering the ban on cryptocurrencies, has now become hopeful after the Supreme Court’s decision in crypto’s favor earlier this month. “The Supreme Court of India and the Indian government have shown that the best ideas ultimately prevail, and just in time, because the benefits of Bitcoin and crypto over current systems will become apparent during this crisis.”

The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts – Bitcoin News

The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout.

Top Investor Seriously Expects Bitcoin to Hit $50,000: Here’s Why

At $6,200, where the cryptocurrency trades as of the time of this article’s writing, Bitcoin is far below $20,000, its December 2017 all-time high. It’s even lower than $50,000 – a price that a leading investor says BTC could reach in a relatively short period of time. Here’s why he thinks so.

The Fed’s Stimulus Plans Put Bitcoin Back in the Spotlight | Crypto Briefing

The flagship cryptocurrency, as well as the broader stock market, spiked up after the Federal Reserve announced a slew of new stimulus programs to provide relief from the recent downturn .

House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession – CoinDesk

Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar. This virtual greenback would help individuals and families survive the shutdown of businesses and series of ” shelter-in-place ” orders which resulted in skyrocketing unemployment claims and a potential severe recession.

Investors Look to Gold, Crypto After Fed Goes on QE Buying Spree – CoinDesk

Gold is up Monday and so are most cryptocurrencies, seemingly buoyed by the U.S. Federal Reserve’s drastic quantitative easing action to thwart the coronavirus’ effects on markets and the economy. Bitcoin (BTC) is up 7 percent as of 20:30 UTC.

Bitcoin and Gold: Evaluating Hard-Cap Currencies in Times of Financial Crisis – CoinDesk

How would a bitcoin economy react to coronavirus? For now, we don’t know. However, we can turn to a proxy for insight: gold. Bitcoin’s “digital gold” narrative has stuck well, namely because of the cryptocurrency’s low issuance supply schedule and a hard cap of 21 million bitcoins.

Bitcoin: A Global Port in a Market Storm? – CoinDesk

Noelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here.

Unlimited QE and Why Markets Can’t Price In COVID-19 – CoinDesk

The market reacts as the U.S. Federal Reserve announced effectively unlimited capital injections including a new array of direct asset purchase tools. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Into the Unknown: No Limit on Fed Money Injections – CoinDesk

The Federal Reserve pledged Monday to buy bonds in an unlimited quantity while allocating at least $300 billion to new emergency-lending programs. These measures are being taken as Wall Street reels from fresh predictions of a steep drop-off in economic output due to coronavirus-related lockdowns, business disruptions and job losses.

HODLpac Enlists Winklevoss Twins, Brian Armstrong in Bid to Influence Crypto Policy in Washington – CoinDesk

A new political action committee (PAC) is hoping to push crypto-friendly public policy by providing financial support to Congressional candidates. Founded by former CATO Institute staffer Tyler Whirty, HODLpac seeks to advocate for blockchain legislation by directing funds to different Congressional candidates – but with a decentralized twist.

Bitcoin was Designed for a Financial Crisis – So far it’s Working well

Bitcoin investors were mortified by last week’s 50% crash but it’s important to remember that Bitcoin was specifically designed for a global crisis.

New Cross-Chain Network Plans to Bring Bitcoin’s Liquidity to the DeFi Space – Sunriseread

Kyber Network and Bancor Network have been built-in into a brand new platform that gives cross-chain liquidity for decentralized finance (DeFi). London-based Provable Issues introduced Thursday it had efficiently launched pTokens – 1:1 proxies for cryptocurrencies on different blockchains – onto the Ethereum mainnet, and that they might be totally interoperable with bitcoin (BTC) by …

Powerful crowdsourced supercomputer revs up virus research by inviting anyone online to join in | The Japan Times

Gamers, bitcoin “miners” and companies large and small have teamed up for an unprecedented data-crunching effort that aims to harness idle computing power to accelerate research for a coronavirus treatment. The project led by computational biologists has effectively created the world’s most powerful supercomputer, one that can handle the trillions of calculations needed to understand the structure of the virus.

Cryptocurrency Donations Bring an Advanced Medical Post for Coronavirus Victims to Italy

Bitcoin and other cryptocurrencies can often be used to support charitable events. During the novel coronavirus outbreak, Italy’s Red Cross is accepting Bitcoin donations for an advanced medical post. It is evident that a lot of countries will need help to keep the novel coronavirus in check.

NEM Symbol Facilitating Advanced Enterprise Features in Public and Private Blockchain

The NEM Symbol Platform is all set to facilitate business with the built-in features available on the network protocol, thereby making it possible to provide for solutions that can be developed quickly. Each of the features is flexible and, therefore, can be conveniently integrated by making use of APIs, thus permitting them to save time, thereby ensuring the security and the integrity of their proprietary code.

Germany’s Sonnen Group launches a blockchain virtual power plant – CoinGeek

Sonnen Group has launched a new virtual power plant (VPP) in Germany that will store any excess energy that would have otherwise been lost. The VPP will be powered by blockchain technology, with the participants making payments in a digital currency.

HTC’s New 5G Router Can Host a Full Bitcoin Node – Sunriseread

Taiwanese tech agency HTC has launched a new router that may join gadgets to 5G networks whereas supporting the bitcoin blockchain on the identical time. In an announcement on Wednesday, the agency revealed the Exodus 5G Hub, a machine stated to supply safe 5G connectivity for all internet-enabled gadgets.

Bitcoin Above 100 SMA (H4) Could Spark Strong Surge To $7.5K | NewsBTC

Bitcoin is currently correcting higher from the $4,320 support area against the US Dollar. BTC could rally further if the bulls are able to push the price above $6,800 and the 100 SMA (H4). Bitcoin price seems to be facing a strong resistance zone near the $6,800 and $7,000 levels.

Japan: Sake Producers to Use Blockchain to Foster Supply Chain Transparency | BTCMANAGER

According to a March 21, 2020, report by Nikkei Asia Review, global accountancy giant, EY’s Japan offshoot – EY Japan – is set to launch a blockchain technology-enabled traceability platform for Japanese sake and fruits. Tapping Blockchain to Ensure Sake Legitimacy In a bid to bring more transparency to the…