Cryptocurrency News Roundup for March 22, 2020

Cryptocurrency News Roundup for March 22, 2020
фото показано с : beincrypto.com

2020-3-23 10:52

As many parts of the world prepare to go into lockdown to prevent the community transmission of the COVID-19 pandemic, chances are reasonably high that stock markets around the world may temporarily close within the next few days.

The question now obviously is, if that happens, what will be the likely impact on Bitcoin and the rest of the cryptocurrency market? That, and more, on today’s crypto news roundup for March 22.

Bitcoin May Be the ‘Last Asset Standing’

News media around the world has been reporting that a shutdown of stock markets may be on the table in the wake of the COVID-19 pandemic. As a market that never sleeps, the cryptocurrency market is unlikely to have any such issue.

For cryptocurrency traders, this has been a defining feature that sets it apart from any other financial market. This also means that it may survive any shutdowns caused by the coronavirus.

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Bitcoin Gets a Boost in Venezuela as Bank Branches Close Down

Earlier this week, President Nicolas Maduro instated a country-wide quarantine to slow the spread of the virus in Venezuela. Now, reports are emerging that physical bank branches in the country have been shuttered, which has led to a spike in digital asset trading. Several first-hand reports on crypto Twitter have confirmed this.

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Bitfinex is Removing Dozens of Trading Pairs

In a recent announcement, the Bitfinex cryptocurrency exchange revealed plans to remove 87 trading pairs. This will be done to ‘optimize the trading experience’ due to these pairs presumably being illiquid.

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Could Central Bank Digital Currencies Replace Fiat?

Cryptocurrencies are defying the age-old monopoly of central banks on issuing currency. Threatened with the prospect of digital tokens replacing fiat currency, central banks are now exploring the idea of a central bank-issued digital currency. What does it mean for the future of fiat and cash-based transactions?

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‘No Limit’ on Stimulus Spending

With the economic fallout from the lockdowns becoming more severe, major institutions are now claiming that the economic stimulus should essentially have no cap. For example, Bank of America’s top economist Michelle Meyer recently commented that there should be no upper bound for the size of stimulus as the government prepares a policy response in the wake of the coronavirus-induced economic crisis.

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The post Cryptocurrency News Roundup for March 22, 2020 appeared first on BeInCrypto.

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Introducing DueDEX’s Risk Manager: The Unique Trading Tool Designed to Give a Statistical Market Edge

Established Crypto derivatives exchange DueDEX announces details of their industry-first trading tool: The DueDEX Risk Manager.  19th February 2020, Belize City, Belize: In a world dominated by high leverage products, traders are often exposed to irresponsible exchange platforms promoting high risk products, and too often, new traders enter the market with excessive leverage blowing accounts […] The post Introducing DueDEX’s Risk Manager: The Unique Trading Tool Designed to Give a Statistical Market Edge appeared first on NullTX.

2020-2-19 14:56


Фото:

Introducing DueDEX’s Risk Manager: The Unique Trading Tool Designed to Give a Statistical Market Edge.

Bitcoin Press Release: Established Crypto derivatives exchange DueDEX announces details of their industry-first trading tool: The DueDEX Risk Manager.   19th February 2020, Belize City, Belize: In a world dominated by high leverage products, traders are often exposed to irresponsible exchange platforms promoting high risk products, and too often, new traders enter the market with excessive […] The post Introducing DueDEX’s Risk Manager: The Unique Trading Tool Designed to Give a Statistical Market Edge.

2020-2-19 07:55


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Digital Remittances Reach Record of $96 Billion YoY, High Fees Open Door for Cryptocurrencies

In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies.

2020-2-14 04:45


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Is Japan Entering the Central Bank Digital Currency Space Too?

Recent reports indicate that Japan might be moving towards launching its own CBDC, although uncertainty remains high due to reports that deny the decision. Japanese lawmakers might be moving in on the crypto space Ever since Facebook confirmed the rumors that it plans to launch its own cryptocurrency, lawmakers, regulators, and central banks around the world started taking the crypto sector a lot more seriously.

2020-1-24 14:32


Bitcoin is Currently The Most Undervalued Asset: Crypto Management Firm’s Founder Travis Kling

“BTC is the most undervalued asset in the world today,” while equities, bonds, precious metals, real estate, and venture capital are all near their all-time highs, says Ikigai founder Travis Kling. Hitting New Peaks The yellow metal, gold recently jumped to a fresh six-year high and is now trading near this level. Experts believe the […]

2019-10-10 17:06


In-person meatspace protocol to prove unconditional possession of a private key

Recommended pre-reading: https://ethresear. ch/t/minimal-anti-collusion-infrastructure/5413 Alice slowly walks down the old, dusty stairs of the building into the basement. She thinks wistfully of the old days, when quadratic-voting in the World Collective Market was a much simpler process of linking her public key to a twitter account and opening up metamask to start firing off votes.

2019-10-2 04:03


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Kraken bug apparently let users buy Bitcoin for $8,000 and instantly sell it for $12,000

Cryptocurrency exchange Kraken – one of the world’s oldest – has disclosed a bug that apparently allowed certain customers to purchase Bitcoin at $8,000 and sell it for $12,000. Taking to Twitter, the exchange said “a test of an unreleased advanced order type encountered a bug, which resulted in the order’s prices being matched against the wrong side of the book.

2019-9-16 18:31


Crypto regulation can create over 20,000 direct jobs and billions in revenue in India

Indian economy is going through a rough phase and the unemployment rate is at 45-year high while its yearly growth rate is taking a back seat. From being one of the fastest-growing economies in the world to the present situation where economists are concerned if immediate measures are not put in place, India might see […] The post Crypto regulation can create over 20,000 direct jobs and billions in revenue in India appeared first on AMBCrypto.

2019-9-8 17:30


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