Bitcoiners in Europe Reflect on Economic Shocks as Coronavirus Spreads – CoinDesk

With assets from oil barrels to bitcoin being pulverized by the coronavirus slowdown, people worldwide are reevaluating their plans for crypto gatherings, especially in geographies where anti-COVID-19 measures are increasingly serious.  In Milan, Italy, which was officially placed on lockdown by the Italian government on Sunday, bitcoin entrepreneur and meetup organizer Mir Liponi is facing […]

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China Underreported Coronavirus Infections 520% in a Day, Leaked Data

Unconfirmed reports from the Epoch Times suggest the Chinese Communist Party is dramatically undercounting Covid-19 infection data. The New York-based outlet claims to have obtained leaked internal documents from Shandong province’s local government. On Feb. 18, Chinese authorities may have undercounted Covid-19 infections by a staggering 520%. Coronavirus cases surmount 81,000 globally. | Source(s): Johns […]

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G20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies – CoinDesk

Finance ministers and central bankers from the G20 are pushing for wider adoption of standards that compel cryptocurrency exchanges to disclose user information. Following a summit in the Saudi-Arabian capital Riyadh over the weekend, representatives from G20 financial institutions pressed countries that have not done so already to align themselves with global cryptocurrency standards from […]

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Bitcoin Chart Indicator Flips Bearish as Price Sees Weak Bounce From $9.4K – CoinDesk

Bitcoin’s lackluster recovery from price support around $9,400 is struggling to gather upside traction amid bearish developments on the short-term technical charts. The top cryptocurrency by market value fell by 5.5 percent on Wednesday to register its biggest single-day drop in three months. Sellers, however, failed to keep prices below the widely tracked 200-day moving […]

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