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Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan

Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan

Mati Greenspan, founder of Quantum Economics believes the coronavirus pandemic has brought Bitcoin closer to the S&P 500 than ever before.

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage

Bitcoin Educator Andreas Antonopolous Believes Oil Price Crash Gives US Bitcoin Miners an Advantage

Following the oil market crash in April, electricity prices have continued to fall globally. Bitcoin educator Andreas Antonopoulos believes that despite the disruption to industries, the oil market downturn could give US cryptocurrency miners an advantage.

CME to Close Trading Floor on Friday as Coronavirus Prevention Measure

CME to Close Trading Floor on Friday as Coronavirus Prevention Measure

CME Group plans to close its trading floor in Chicago due to fears of further spreading the coronavirus, the influenza outbreak that has sent global stock markets falling.

Wirex Moves on From Defunct Wirecard, Secures New Partnership with Railsbank

Wirex Moves on From Defunct Wirecard, Secures New Partnership with Railsbank

Crypto service provider Wirex has moved on from Wirecard,. The company has secured a new partnership with Railsbank

The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption

The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption

The World Economic Forum (WEF) published a report on the importance of blockchain in supply chain disruption amid the coronavirus pandemic. Although the report suggested that blockchain may not be able to support the damage caused by the impact of COVID-19 directly, it may help with supply chain visibility.

Financial Conduct Authority, the Pacemaker of the UK FinTech Revolution

Financial Conduct Authority, the Pacemaker of the UK FinTech Revolution

We arranged an interview with Maha El Dimachki, Head of Payments of the FCA during Singapore FinTech Festival, which El Dimachki shares with us the contribution of the FCA for UK as the thriving FinTech hub, opportunities and threats of e-money firms from the current digital disruption.

Hong Kong Fintechs Embrace Blockchain and DLT

Hong Kong Fintechs Embrace Blockchain and DLT

Blockchain firms make up nearly 40% of all new Hong Kong FinTech companies launched in 2019.

Coronavirus Measures in China Delay Crypto Hardware for MicroBT and Bitmain Customers

Coronavirus Measures in China Delay Crypto Hardware for MicroBT and Bitmain Customers

The coronavirus is causing mass disruption throughout Asia and has now been declared a ‘global health emergency’ by the World Health Organisation. The Chinese government have taken drastic isolation measures and over 40 million people are effectively on lockdown. Two major crypto hardware manufacturers have been having difficulties servicing clients from their bases in China.

Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”

Virgin Galactic CEO Rejects Coronavirus Bitcoin Bull Theory as “Idiotic”

Virgin Galactic CEO, Chamath Palihapitiya has dismissed the notion that the disruption to traditional markets caused by the coronavirus will serve as the catalyst for a major Bitcoin and cryptocurrency bull run.

Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold

Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold

A new report from international news agency Bloomberg indicates that the COVID-19 pandemic’s shake-out of the stock market may be accelerating Bitcoin’s maturation into a new kind of digital gold.

McDonald's, Subway and Starbucks Among the First to Trial China's Digital Yuan

McDonald's, Subway and Starbucks Among the First to Trial China's Digital Yuan

Mcdonalds has been named along with coffee giant Starbucks as one of the 19 restaurants that will be first to try out China’s Digital Yuan in the new district of Xiong’An.

Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading

Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading

During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.

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