Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press

Pundits globally are flabbergasted Swedes still go to cafés, to restaurants and to hang out in parks without face masks on. The Coronavirus in Sweden has so far claimed 611 deaths, with 7,849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the U.S. But just like in most of the world many businesses are hit hard, and the country’s central bank has started the printing presses. Also read: Major Swedish Bank Fined $386 Million for Hiding Money-Laundering…

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Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion

Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are up between 4-14% and crypto trade volumes have doubled in the last 24 hours. Also read: Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy Top Ten Crypto Assets Gain 4-14% in the Last…

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Regulatory Roundup: 10 Countries Actively Regulating Cryptocurrency Despite Global Crisis

Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations Directly Affecting Crypto Exchanges, Businesses and Individuals The world is going through a crisis with an escalating number of covid-19 cases causing economic turmoil in many countries. The International Monetary Fund (IMF) has declared a…

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Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy

With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known as ‘hyperbitcoinization.’ However, a few speculators believe digital assets in the crypto economy are actually meant to further the underground shadow economy. In a world filled with overbearing politicians and malicious data-collecting corporations, the surveillance state could easily make cryptocurrencies far more valuable by fueling…

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Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow

One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $55,000 in the near future. One advocate of the S2F model, the Twitter account known as ‘Plan B,’ wrote a report about the subject and the article was extremely popular and translated into multiple languages. However, skeptics believe the S2F model is faulty and it’s most prominent supporter has said S2F is not entirely accurate, but “an order of magnitude right.” Also…

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2 American Banks Have Failed Since Coronavirus Started Spreading in the US

Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Banks Failing During Pandemic The latest bank to fail in the U.S. was a small bank in West Virginia called “The First State Bank.”…

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Sensorium’s Senso Token Lists on the Top Ten HitBTC Cryptocurrency Exchange

The move follows a similar listing on the KuCoin exchange and will drive further usage of cryptocurrencies as the innovative Sensorium Galaxy platform is set to attract millions of users worldwide. Los Angeles, 06 April, 2020: Sensorium Corporation has listed its digital currency Senso Token on HitBTC one of the oldest and most advanced cryptocurrency platforms operating today. The move follows a recent listing of Senso Token on the KuCoin cryptocurrency platform and signals Sensorium’s intention to expand its operations and enable users to engage deeply with Sensorium Galaxy, the…

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Rich Dad Poor Dad Author Robert Kiyosaki: Dollar Is Dying, Buy Bitcoin

Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” talked about the death of the U.S. dollar and how one should take the government’s free money and buy bitcoin. The best-selling author also explained the cost of free money. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Take Free Government Money and Buy Bitcoin The author of Rich Dad Poor Dad has chimed in on the impact of the free money the U.S. government is giving to small business owners on…

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10 Countries Actively Regulating Cryptocurrency Despite Global Crisis

Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations Directly Affecting Crypto Exchanges, Businesses and Individuals The world is going through a crisis with an escalating number of covid-19 cases causing economic turmoil in many countries. The International Monetary Fund (IMF) has declared a…

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The Bitcoin Cash Halving Countdown – 50% Less Block Reward

The Bitcoin Cash (BCH) network will face a halving on wednesday this week and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference Bitcoin Cash Will Experience a Halving – Block Rewards to Drop by 50% BCH supporters are getting ready for the big halving day, at least the best they can…

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