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Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey
Coronavirus

Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey

Mizuho has released a new survey showing that with the third round of $1,400 stimulus payments already hitting Americans’ bank accounts, most recipients are planning to use their stimulus checks to buy Bitcoin and stocks. Interestingly, the survey found that Bitcoin was a more popular choice among stimulus recipients than stocks.

PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service
Coronavirus

PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service

PayPal has experienced a rise in revenue from its Bitcoin business since adding crypto into its network in October last year.

Stimulus Checks and Gary Gensler: Is President-elect Joe Biden Long on Bitcoin and Altcoins?
Coronavirus

Stimulus Checks and Gary Gensler: Is President-elect Joe Biden Long on Bitcoin and Altcoins?

Is President-elect Joe Biden long on Bitcoin and cryptocurrency?

$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum
Coronavirus

$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum

Data indicates a high possibility that many US stimulus recipients will opt to invest their $600 check into Bitcoin, which could further boost BTC's upward price momentum.

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin
Coronavirus

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin

United States Congress has reached an agreement on a proposed $900 billion pandemic stimulus package and will vote shortly, what will this mean for Bitcoin and crypto?

ASX Delays Blockchain-Based CHESS Replacement to April 2023
Coronavirus

ASX Delays Blockchain-Based CHESS Replacement to April 2023

The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.

Grayscale Survey: 55% of US Investors Like Bitcoin in 2020
Coronavirus

Grayscale Survey: 55% of US Investors Like Bitcoin in 2020

Grayscale Investments has released a report dubbed Bitcoin Investor Study 2020 showing that 55% of US investors are keeping a watchful eye on purchasing Bitcoin in 2020.

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus
Coronavirus

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

A blockchain-powered QR health code system has been instrumental in enabling at least 17 million people to travel between the Chinese mainland and Macau since May.

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro
Coronavirus

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.

Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion
Coronavirus

Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion

Ripple has continued to be innovative in finding ways to deliver global financial inclusion amid a struggling COVID-19 economy.

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030
Coronavirus

PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030

Findings from PwC indicate that by 2030, blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion.

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?
Coronavirus

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi said yesterday that discussions over a new $1.8 trillion stimulus package have ground to a halt, what could the stimulus delay mean for Bitcoin?

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets
Coronavirus

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets

Trump has decided to delay negotiations regarding a second coronavirus stimulus package until after the presidential elections, sending Bitcoin's price down.

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan
Coronavirus

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?
Coronavirus

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Coronavirus has driven global economies and businesses to the ground, but one industry that has benefitted from the pandemic appears to be the tech sector.