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The mysterious Craig Wright, the man who claims to be Satoshi Nakamoto, was recently ordered to produce 11,000 documents and answers after Judge Beth Bloom overruled the defendant’s recent objections. However, the coronavirus outbreak has given Wright some leeway, as the Florida court system is slow and not up to par right now. Moreover, Wright’s … Read more
The global economy has been feeling the hardships from the mandated lockdowns various nation states have implemented during the last month and a half. Oil prices have dropped below zero for the first time in history, and economic powerhouses like the U.S. are starting to show cracks in the system. Despite the souring economy, a … Read more
April 27th, 2020, Toronto, Canada – The Metaverse DNA global team reported significant progress on the DNA (Dualchain Network Architecture) Blockchain initiative during the month of March, closing the first quarter of 2020 with great results. The DNA token is now listed on 14 crypto exchanges, Metaverse DNA CEO Eric Gu participated in many online … Read more
On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition. More than a week ago, the popular cryptocurrency marketplace Purse.io abruptly announced its decision to … Read more
The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why the cryptocurrency is an attractive investment. High Institutional Demand Expected Post Coronavirus Crisis … Read more
The start of 2020 hasn’t been overly promising for Bitcoin or other cryptocurrencies. However, it would appear that things are not all that bad, given the current circumstances. The Bitcoin price has seen ample turmoil throughout the first few months of 2020. Bitcoin Price Momentum Seems Promising Despite ample volatility, it would appear that the … Read more
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents a digital yuan. This week, regional reports show that 19 well known … Read more
Just recently, a report from Global Macro Investor (GMI) called “The Unfolding” claims that the world is experiencing the biggest economic event that hasn’t been seen in the last 150 years. GMI’s CEO Raoul Pal authored the report and he strongly believes the digital asset bitcoin will go from a $200 billion asset class to … Read more
Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19, respectively. The digital asset litecoin (LTC) … Read more
Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by the coronavirus-induced stock market tailspin. With its correlation to gold jumping to all-time highs, BTC … Read more
