The market has been indecisive during the past five days in which direction to take Bitcoin (BTC) to.
One business that's not reeling from the coronavirus is Instacart. Instead of scaling back, which a lot of company's affected by lockdowns due to the world's current uncertain situation, Instacart is actually expanding its workforce.
The weekend has caused Ethereum (ETH) to make a little push above $160.
The effects of closed down restaurants, hotels, and several other local businesses are taking its toll on Yelp.
A total of 3 Bitcoin (BTC) and 4,000 Monero (XMR), which is equivalent to $250,000, were stolen from decentralized Bitcoin exchange network Bisq.
Bitcoin (BTC) diving to a cliff in March and collapsing to prices not seen since a year ago is now a distant memory.
The crypto market also caught on to the appetite for risk.
The real identity behind this pseudonym is still unknown to this day, but the crypto world buzzes whenever this name appears on headlines, hinting that there is still interest in knowing who Nakamoto really is.
Bitcoin (BTC) surged to $7,200 on Thursday afternoon before finding a temporary floor at $7,000 as of writing.
Coronavirus Test Kit: Researchers Studying If Startup's Wearable Could Detect Early COVID-19 Symptoms
When was the last time that wrist-worn wearable devices forewarned someone that they are infected by the coronavirus? That is what Boston-based startup WHOOP is aiming to accomplish as it takes part in a study about changes in their respiratory behavior among COVID-19 patients.
Bullish expectations this year for BTC have gone dry. While surging to $1 million is highly unlikely, the options market doesn't see BTC even surpassing its all-time high before 2021.
It looks like the mission for "bringing connectivity to everyone everywhere" ends abruptly for U.K.-based startup OneWeb as it filed for bankruptcy on Saturday.
Some point to the need for transacting with cryptocurrencies or digitized cash as a way to prevent the spread through the physical forms of payment despite no scientific consensus for how COVID-19 spreads. Still, there's no indication for when the Fed will implement a digital dollar, but if it does, plenty those in the crypto space think it will boost the price of the benchmark crypto.
Miners jettisoning their Bitcoin (BTC) holdings characterize the prevalent mood of the financial markets, which exalts cash and nothing else.
Y Combinator, the American seed accelerator that has helped launch thousands of companies including Stripe, Airbnb, Coinbase, and DoorDash, wants to take it up a notch and is taking on the initiative of putting funds in startups that can tackle the issue of the pandemic.
Since its alarming 50% freefall on March 12, Bitcoin has made a comeback 12 short days later.
When it seems like a final blow is all that's left to lay the crypto market's most popular asset to its coffin, renewed buying had quashed the chances of that happening -- at least for the time being.
Battling the dreaded coronavirus will need all the help it could get from various sources -- even funds in the form of Bitcoin. The Italian Red Cross, for one, set up an initiative to receive donations denominated in BTC.
About 6,000 Ethereum (ETH) mining computers are being used to seek a cure for the dreadful coronavirus.
Any pessimism and quick desire for liquidity could once again trickle down to crypto as it had done so since mid-February. If stocks continue to fall, there is a real possibility that BTC and the rest of cryptos could follow suit. But if there is another selloff in cryptos and its flagship asset gets pushed to $2,800, one analyst says it's not all that bad.
After getting hammered last week by a market scared stiff of the coronavirus which crashed its price to below $4,000 (its worst plunge in seven years), Bitcoin (BTC) has now bounced back and settled within the $5,000 to $6,000 region.
As tourism plummets, several hotels and casinos were forced to furlough employees just to survive the impact of COVID-19 on their business.
BTC only found relief before the day concluded by recovering 16%. The flagship crypto is now down 43% this month.
"Fortnite" developer Epic Games has acquired vision and animation technology startup Cubic Motion.
At $7,168 as of the time of writing, would that be an attractive price to start buying the crypto once more, like how panic-stricken individuals hoard up on toilet papers and sanitizers out of coronavirus fears?
Startup Millie's Library found a way to uplift not the students who will be home-schooled but the number of South Koreans who are presently dealing with COVID-19. The e-book startup is opening up its services to the infected people for free.
The crypto market selloff that followed the failed OPEC agreement yesterday had erased over $26 billion in value. Its most prominent digital asset, Bitcoin (BTC), plunged to a level not seen since January. From reaching its highest point this year at nearly $10,500 in February, the top crypto is trading presently under $8,000 and even dipped to $7,600 on Monday.
A massive selloff in the crypto market took place on Sunday that dragged most cryptocurrencies down to double-digit losses. Ethereum (ETH) erased almost 16% and broke a support level that could potentially open the flood gates for lower prices.
About 6,300 employees will lose their jobs between only two companies: OYO Hotels and Oracle.
With the Fed making an emergency rate cut on Tuesday in response to the growing coronavirus fears which now poses a risk of the U.S. and other countries going into recession, many believe that the virus could be a "black swan" event that would impose negative effects to the global economy.