Category: COVID-19

Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top

Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top

According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows the dollar’s trade-weighted index chart indicates the USD might be in for […]

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South Korea’s Jeju Island Makes Blockchain-Based COVID-19 Tracing System Mandatory for Visitors

South Korea’s Jeju Island Makes Blockchain-Based COVID-19 Tracing System Mandatory for Visitors

Jeju Island, one of South Korea’s most popular tourist destinations, has made a blockchain-based contact tracing system mandatory for visitors in the COVID-19 climate, which was created in collaboration with blockchain firm ICONLOOP. The Jeju Special Self-Governing Province authorized the use of ICONLOOP’s Decentralized Identity (‘DID’) blockchain technology islandwide, which has also been approved by […]

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Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High

Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High

Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year.The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000.As data from Usefultulips shows, peer to peer bitcoin trading volumes for the week topped an equivalent of $95 […]

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