An unprecedented sell-off has taken Bitcoin’s purchasing power sky high. Following a market downturn, crude oil is now so cheap that a single Bitcoin (BTC) can buy over 600 barrels.According to data f
Dealmaking in China is mounting a comeback following a slowdown prompted by the coronavirus outbreak.Chinese firms recorded 66 venture capital deals for the week ended March 28, the most of any week i
China’s digital payment market grew to $8.4 trillion in the last quarter of 2019 and there are signs of still robust momentum in the months following the outbreak.By transaction volumes, Alipay retain
ZA Bank – one of the eight recipients of Hong Kong’s virtual banking licenses – kicked off operations yesterday, marking the dawn of digital lending in the city.The virtual banking arm of China’s Zhon
Growing crypto adoption and the COVID-19 outbreak has encouraged Italy’s Banco Sella to launch a Bitcoin trading serviceThe trading is conducted via the bank’s Hype platform, with the bank acting as a
Anonymous bitcoiners are taking the search for a coronavirus vaccine into their own hands – bypassing academia, pharmaceutical companies and the U.S. Food and Drug Administration (FDA). The “bioh
Analysts had predicted a recession for years and it should not come as a surprise, according to crypto-focused market research firm Crebaco.Crebaco claims in a report shared with Cointelegraph that th
Monday’s historic financial tumult reached beyond stocks, sinking commodities and even bitcoin markets.“I don’t think any asset is safe right now – except cash, U.S. dollars,” said Ali Khedery, former