Coronavirus


Markets

First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster

Crypto markets could turn on a shift in economic policies as U.S. President-Elect Joe Biden's transition team starts to meet.

Bitcoin was higher Monday as stocks got a shot of optimism from news of progress on a coronavirus vaccine.

Markets

Markets Spike as Coronavirus Vaccine Trial Shows 90% Success Rate

Bitcoin and U.S. stock futures shot up on Monday after Pfizer announced positive results from a trial of its coronavirus vaccine.

Vaccine

Policy

Coronavirus Driving Interest in CBDCs, Say Central Bank Chiefs

Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies.

Elvira Nabiullina, Bank of Russia chief

Markets

ASX Delays Launch of DLT System Over Coronavirus Trading Volatility

ASX said it was eyeing a new date of April 2023 due to higher levels of demand than expected.

ASX

Markets

China’s Coronavirus Outbreak Prompts Blockchain Adoption for Charity

China’s banking and digital payment giants are using blockchain technology to add transparency to charity organizations' donation distribution networks.

AliPay parent Alibaba is one of several Chinese finance and tech firms looking to blockchain tools to verify that coronavirus charity donations are going where they should be.

Markets

Trump Says He Would Increase Stimulus Offer to Reach Deal With House Democrats: Report

There's still a chance a stimulus package can be passed before the presidential election, but those chances are fading, said the U.S. president.

U.S. President Donald Trump

Tech

Coronavirus: IBM Launching Blockchain 'Health Pass' to Support Return to Public Spaces

IBM Watson Health says the digital pass would help individuals safely return to shared physical spaces like work, school, flights or stadiums.

A healthcare worker collects a coronavirus sample.

Policy

Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery

The investment comes as Australia attempts to make a recovery from the recession brought by the COVID-19 pandemic.

Australian Prime Minister Scott Morrison

Finance

Bitcoin Miner Producer Ebang Blames Coronavirus for 50% Slump in Revenue

Nasdaq-listed bitcoin miner manufacturer Ebang said the pandemic had disrupted its supply chain and led to a significant drop in revenue.

Pickaxe,_work,_boy,_tool,_summer_Fortepan_29506

Markets

Bitcoin Down as Stocks Fall Over European Coronavirus Fears

Bitcoin is dropping alongside stocks as soaring cases of COVID-19 threaten economic activity in Europe.

btc ch