Bitcoin is often lumped in risky assets like growth stocks, high yield debt, high beta ETFs, venture capital, and emerging markets. In fact, it has many hallmarks of a safe haven in a crisis. Author: Jill Carlson
Archives for March 2020
Russian Oligarch, Ex-Cabinet Minister Invested in Telegram’s ICO, Court Filing Says
Roman Abramovich, owner of the Chelsea soccer club, invested $10 million in Telegram’s $1.7 billion token sale through a British Virgin Islands-based entity, court papers indicate. Author: Anna Baydakova
CoinDesk’s Statement on Coronavirus and Blockchain Week NYC
CoinDesk has an important update about plans for the Consensus event in the wake of the coronavirus. Author: CoinDesk
The Markets Were Already Vulnerable, Then Came Coronavirus
If central banks flood the global economy with cheap money in response to the coronavirus outbreak, that is likely to help assets like bitcoin, says Kevin Kelly. Author: Kevin Kelly
Bitcoin’s Computing Power Is Growing Again After Coronavirus-Related Disruption
The bitcoin network’s processing power is growing again as major Chinese miner manufacturers resume shipments following coronavirus-related delays. Author: Wolfie Zhao