Crypto Experts Reveal Thoughts: How will Bitcoin Perform after the COVID-19 Crisis has Passed?

2020-6-22 12:57

Bitcoin Press Release: To educate Crypto-enthusiasts and prepare them for upcoming market conditions, a group of well-respected crypto experts have expressed their thoughts on the recent COVID-19 crisis, and its effect on the global crypto markets.

 

19th June 2020, London, United Kingdom: The COVID-19 pandemic has had an unprecedented impact on our daily lives, our ability to interact and our financial structures and security. Blockchain technology has been around for over a decade, and there are now thousands of projects that seek to utilize its limitless potential to solve some of the world’s most pressing issues. 

 

Coin Journal has assembled a veteran team of experts in the field of cryptocurrency and financial technology, to gain some valuable insights into what the world may look like after the COVID-19 pandemic has passed. Globally, we can only hope that containment of this danger is now within our grasp, but we can only speculate to the long-term impact that it will leave in its wake.

 

Heavyweight Opinion 

The panel is headed by Yoni Assia, the CEO of the world’s largest social investment network, eToro. Yoni also brought his market analyst and renowned crypto expert, Simon Peters to the table. The next to join the team, Ciara Sun, is currently employed as the Head of Global Markets at Huobi Group, a global blockchain financial asset service provider.  The panel also has the founder of virtual currency platform, Coincurve, and CEO of Interlapse, Wayne Chen. Finally, the panel would not be complete without the 15-year veteran of Wall Street technology and CEO of BSV blockchain service provider, TAAL; Mr Jerry Chan.

 

They discuss the potential effects of unlimited quantitative easing, the need for a Universal Basic Income (UBI), and how blockchain technology can be a tool for research teams to interact with transparency on a global scale. The team reveal evidence that shows how cryptocurrency stands resilient against the economic downturn caused by social distancing measures and the closure of businesses that have succumbed to the strain. 

 

Article Excerpts

Speaking exclusively to Coin Journal on the idea of Bitcoin as a ‘safe haven’ asset, eToro CEO Yoni Assia noted that crypto and fiat markets moved in tandem at the start of the COVID-19 panic. Market Analyst Simon Peters then noted a shift, which he describes below:

“Interestingly, this is backed-up by eToro’s platform data, which shows a 77% increase in new registrants whose first action was to invest in Bitcoin. As the price of Bitcoin is travelling in the same direction as gold, you could argue investors view it as a safe haven asset.” 

 

Other areas of the article speak about the survival of market segments, and the implementation of blockchain technology, especially across supply chains. TAAL CEO Jerry Chan had thoughts relating to limiting the spread of COVID-19 using blockchain technology:

“Pharmaceutical companies have realised the potential application of a scalable version of Bitcoin blockchain, which can be used to track COVID-19 testing and vaccination records, cross-state and cross-borders, in a way which could be used to corroborate or validate statistics submitted to global health organisations.”

 

The full interview is exclusive to Coin Journal, and interested readers can find the full article containing the detailed discussion of the expert panel here: https://coinjournal.net/news/how-will-bitcoin-perform-after-the-covid-19-crisis-has-passed/

 

Media Contact Details

Contact Name: Chris Roper,
Contact Role: Senior Cryptocurrency Editor,  Investoo Group

 

Investoo Group is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

The post Crypto Experts Reveal Thoughts: How will Bitcoin Perform after the COVID-19 Crisis has Passed? appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz - Massive Exposure For Bitcoin Services, Projects, and Merchants

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0055078 (-100%)

crypto covid-19 bitcoin crisis experts thoughts markets

crypto covid-19 → Результатов: 126


Bitcasino Partners with The Giving Block to Stream Charity Concert in Fight Against COVID-19

Two of the leading platforms in crypto use-based activities have teamed up to help bring awareness  and raise financial support for those most affected by the COVID-19 pandemic.  The disease, first reported in December 2019, has left a trail of unprecedented human loss across the globe, forcing countries and societies everywhere to live in a […] The post Bitcasino Partners with The Giving Block to Stream Charity Concert in Fight Against COVID-19 appeared first on NullTX.

2020-5-12 19:32


Bitcasino Teams up with The Giving Block Charity Giant for Virtual Global Relief Benefit Concert

Bitcasino has joined forces with crypto charity ‘The Giving Block’ to support a virtual relief benefit concert which is raising funds for those adversely affected by the COVID-19 pandemic.  4th May 2020 – The pioneering Bitcoin-led casino operator, Bitcasino, has announced its support for a virtual relief benefit concert organised by crypto-charity giants The Giving […] The post Bitcasino Teams up with The Giving Block Charity Giant for Virtual Global Relief Benefit Concert appeared first on NullTX.

2020-5-7 12:19


66% Of Europeans Optimistic Crypto Industry Will Survive The Next Decade: bitFlyer Report

More than two-thirds of Europeans believe the cryptocurrency industry will survive in the coming decade. In a research carried out by BitFlyer, one of the largest crypto exchanges in Europe, titled, “Crypto-Confidence-Index” a poll of over 10,000 respondents across 10 countries revealed the COVID-19 may have a part to play in the increasing optimism. Over […]

2020-4-30 22:03


The Odds Bitcoin Sees an Exponential Spike Are “Rapidly Increasing”: Here’s Why

There is no doubt Bitcoin has been adversely affected by the outbreak of COVID-19. Crypto assets, like many other mainstream asset classes, experienced a large downturn in the middle of March. It was a move in global markets based on fears that the coronavirus lockdowns could cause a widespread economic contraction, maybe even a full-blown...

2020-4-29 12:40