Panic

Don’t Fear the FUD

Over the past week, the crypto market has taken a hit due to the usual Fear, Uncertainty, and Doubt (FUD) surrounding the potential for interest rate hikes and future regulations. It’s easy to get sucked into the panic and feel that crypto is being unfairly targeted. FUD is part and parcel of the crypto space and there are always plenty of narratives that accompany its volatility. In 2021 the favorite topic was China’s negative approach to crypto. Fast forward to today and Bitcoin miners are back operating in China and

The Effect of Coronavirus on the Cryptocurrency Market

The year 2020, has been greatly eventful. From threats of a world war, to increased terrorist attacks. A biography on the life of the year 2020, would not only be a bestseller but also an excellent read. However the most significant single event of this year is and has been the coronavirus (COVID-19) pandemic, at its global takeover. From a regular virus, one that was once considered to be not worse than a cold flu, to transition into a global pandemic outbreak. The COVID-19 pandemic has affected every aspect of

There’s More To Bitcoin’s Rally Than Just Inflation Fears

While some analysts are pointing to inflation fears to explain bitcoin’s recent rally, there are so many other factors at play that affect the cryptocurrency’s rise.Neil Johnston was a creature of habit, and it was one of the things which his wife of twenty-four years Dorothy, both loved and loathed about him. While Dorothy appreciated Neil’s dependability, she was wondering if things were getting a little stale.So naturally Dorothy grew a little worried when Neil, who would walk through the door almost like clockwork at 7 pm every evening for

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

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

Is Bitcoin Becoming A Safe Haven After All?

Questions are raising, after central banks flood markets with rescue money.Central banks in the US and EU are putting together rescue packages to deal with the corona crisis that is currently infecting stock markets around the world with panic. While the measures largely fizzle out, Bitcoin is recovering without any help at all. Was it too early to write off Bitcoin as a lifeboat?Is the big wave still coming? (Photo by Jeremy Bishop on Unsplash)If you have already dealt with Bitcoin, you certainly know: the maximum number of Bitcoins is

Here’s How the Crypto Sector Is Navigating the Pandemic’s Challenges

Despite hopes that a peak of the coronavirus cases is near, the pandemic continues to impact almost every aspect of daily life, becoming a rolling news ticker in itself. When such a disaster strikes, it can be easy to go through each day devouring the latest news as it occurs and digesting each piece as a story by itself without forming an overall picture.This pandemic is a seismic event with far-reaching impacts across different sectors, and crypto is no exception. In fact, because cryptocurrency markets move at breakneck speeds, the

‘Critical Security Vulnerability’ Forces Bisq Exchange to Halt Trading Service

Non-custodial cryptocurrency exchange, Bisq has announced that it will temporarily halt trading service on its platform following a newly discovered security vulnerability.  Based on the development, the exchange has notified its users not to proceed with any existing transaction or send funds to any party as it could result in a loss.  The temporary halt in trading service does not stop users from overriding the key responsible for this action. However, Bisq does not support the idea as it could hamper users’ security.  “Bisq is a proper distributed peer-to-peer network. So you

UPDATE: Bisq Exchange Losses $250K to ‘Critical Security Vulnerability’ But Has Fixed

Non-custodial cryptocurrency exchange, Bisq has announced that it will temporarily halt trading service on its platform following a newly discovered security vulnerability.  Based on the development, the exchange has notified its users not to proceed with any existing transaction or send funds to any party as it could result in a loss.  The temporary halt in trading service does not stop users from overriding the key responsible for this action. However, Bisq does not support the idea as it could hamper users’ security.  “Bisq is a proper distributed peer-to-peer network. So you

Price Analysis April 6: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

During a crisis, the first thing panic-stricken investors do is to sell almost every asset class they perceive is likely to go down. However, after the panic settles down, the bottom fishers step in and start buying the assets that show value. We have seen both of these phases play out for cryptocurrencies.The sharp selloff on March 12 was a good example of panic and the sharp correction was quickly followed by a phase of cherry-picking by long-term investors. Since bottoming out on March 13, most major cryptocurrencies have rebounded

38% of Enterprises Plan to Adopt Blockchain Solutions in 2020

With blockchain solutions growing in popularity, the number of enterprises planning to adopt the technology in 2020 is set to increase. Data gathered by InsideBitcoins.com indicates that 38% of entities will integrate blockchain solutions into their operations this year.From the data, 15% of the enterprise will heavily adopt blockchain solutions while 23% will have moderate adoption to manage different operations. Organizations are also planning to adopt technologies like the Public cloud. About 79% of enterprises are planning to have heavy or moderate adoption of technology.Elsewhere, Artificial intelligence (AI)/and machine learning