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Blockchain Provides Trusted Data to Counter Spread of Coronavirus

With each passing day, new data regarding the coronavirus pandemic is being brought to the public’s attention. From the number of cases in various regions to ever-changing safety procedures like wearing masks in public, COVID-19 data is clearly present, yet remains inconsistent.While a lack of accurate information may be frustrating on a personal level, ever-changing data is taking a toll on the health officials and researchers working effortlessly to help subdue the coronavirus crisis. To combat the issue, the San Francisco-based blockchain security company Hacera launched a data analytics platform

Bitcoin Stays Below $7K as Tone Vays Predicts Price Breakout in April

Bitcoin (BTC) began the day down 2% on April 4, but one trader remained confident in a bullish scenario unfolding next week.Cryptocurrency market daily overview. Source: Coin360Vays: I’ll buy BTC at $6,400Data from Coin360 and Cointelegraph Markets showed BTC/USD failing to establish support at $7,000 as the weekend began. On Friday, the pair returned to the $6,000 zone, hitting daily lows of $6,630 before a slight rebound to press time levels nearer $6,800.Bitcoin 1-day price chart. Source: Coin360Despite encouraging signs from investors, price momentum remained decidedly weak for Bitcoin, with bullish

Bitcoin Posts Laudable Performance Over the Quarter 

The first quarter of 2020 was a bit of a mixed bag for cryptocurrencies. As expected, no other asset can demonstrate this better than Bitcoin. While the top digital asset led a market rally into the year and started 2020 gaining as much as 13 percent in its value, the coronavirus hit, and the market soon experienced a massive slump – with record drops witnessed on multiple fronts. Accounts Surged, but Transactions Stalled However, the market has corrected, and things appear to be on the uptrend once more. Bitcoin crossed the $7,200 mark

Bitcoin Price Prediction: BTC/USD Failed Breakout; Price Remains Below $6,800

Bitcoin (BTC) Price Prediction – April 3At the moment, BTC/USD dropped by a total of 0.65% within 24 hours as it trades at the $6,760 level.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartThe daily chart reveals that BTC/USD failed to break the upper boundary of the ascending channel with the current consolidation pattern once again as it fails to close above the $6,800 level. The Bitcoin (BTC) started the day off by trending higher toward the $7,000 level only to

Binance Shelters Against Job Losses During Global Pandemic

While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees.Binance, the world’s largest cryptocurrency exchange, has just announced that it is seeking to hire more than 100 new employees, despite the ongoing economic downturn.In an April 3 tweet, Binance invited people around the world to build a career in the Blockchain space, offering a crucial opportunity to “work from home” as global jurisdictions

Market Volatility Continues Amid COVID19 Uncertainty

In times of deep crisis such as this it’s important to stay true to who we are and that seems to get more and more difficult the deeper we get. Last night, I engaged in an interesting discussion on social media when Bruce Fenton posed the question “Are mandated lockdowns right or wrong?” This is something that another bitcoin though leader, Jimmy Song, is on record as being staunchly against and the libertarian in me tends to agree. Jimmy’s point here is simply that a pattern has arisen throughout history

2 Reasons a Deeper Correction in Stocks May End Bitcoin’s Rally to $8K

The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the dominant cryptocurrency to the $8,000 area. But, a highly accurate hedge fund manager’s stock market warning could rattle the cryptocurrency market in the short-term.Dan Niles, the founding partner of Alpha One Capital Partners, said in a note to clients that the dire economic consequence of the coronavirus pandemic could lead to a steeper correction in the U.S. stock market.With Q2 earnings set to

Exchange CEO Forecasts Crypto Market Uptick in Coming Weeks

As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok.“During a period of intense panic, many investors fled the markets in search of cash, or to defend their positions elsewhere,” Chan told The Merkle in a March 30 interview, referencing recent plunging crypto and mainstream markets. “Cryptocurrency markets suffered together with all other markets,” he continued, adding:“But over the coming weeks and months, as governments cut interest rates, I think we will see the crypto

John McAfee Offers $500 in ETH-based DAI for Post-Apocalyptic Photos

Famed altcoin advocate, John McAfee, has put up a $500 reward in the Ethereum based stablecoin, DAI, for the best original photo taken in the midst of the coronavirus lockdown.The sea-bound computer programmer asked for pictures of vacant highways and cities from people who are still able to leave their homes for essential supplies and activities. McAfee tweeted:“Those able to leave your homes during quarantine ... (to buy food or get medical care, etc.) ... Take photos of interesting aspects of your vacant cities, highways, etc. $500 in DAI crypto

John McAfee Offers $500 in ETH-based DAI for Corona Apocalypse Pics

Famed altcoin advocate, John McAfee, has put up a $500 reward in the Ethereum based stablecoin, DAI, for the best original photo taken in the midst of the coronavirus lockdown.The sea-bound computer programmer asked for pictures of vacant highways and cities from people who are still able to leave their homes for essential supplies and activities. McAfee tweeted:“Those able to leave your homes during quarantine ... (to buy food or get medical care, etc.) ... Take photos of interesting aspects of your vacant cities, highways, etc. $500 in DAI crypto

Past Halvings in Review: Case for an Immediate Bitcoin Upsurge Is Flawed

The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does not necessarily coincide with an immediate upsurge in the price of Bitcoin.On the Bitcoin network, miners create blocks that record Bitcoin transactions to essentially verify and confirm payment data using computing power. Through large-scale mining centers filled with ASIC mining chips and sophisticated equipment, miners use a large amount of electricity and have

South African National Blockchain Alliance Holds Online Launch

The South African National Blockchain Alliance carried out an online livestream launch while the country is in the midst of a 21-day lockdown to curb the spread of the coronavirus pandemic. The organization was due to be launched at the beginning of April in Johannesburg but had to be taken online as South Africa and the world tackles a global health crisis.The launch happened during a livestream on YouTube on April 3, which included a panel of speakers elaborating on how SANBA will help nurture blockchain-focused startups and companies that