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Covid-19 travel bans paralyze crypto space

With the US now imposing travel restrictions to most of Europe due to the covid-19, the crypto industry has been hit hard. In the United States, President Trump today announced new travel restrictions in response to the spread of the COVID-19 coronavirus. The Commander-in-Chief signed a Presidential Proclamation suspending the entry of most foreign nationals…

https://cryptdailynews.com/covid-19-travel-bans-paralyze-crypto-space/
Peter Brandt warns Bitcoin price may fall below $1,000

With the markets in free fall due to the “black swan” event, veteran trader Peter Brandt believes that the price of Bitcoin could drop by a further 80%. Bitcoin’s price has dropped below $4,000 today, for the first time since the crypto-winter crash, and a veteran market analyst believes it could have fallen even further.…

https://cryptdailynews.com/peter-brandt-warns-bitcoin-price-may-fall-below-1000/
American woman sentenced to 13 years in prison for funding ISIS using Bitcoin

U.S. ISIS supporter receives a 13 year sentence for funding the terrorist organization using crypto currencies, including Bitcoin, in 2017. A United States federal court has sentenced a US citizen to 13 years in prison for laundering money for ISIS using Bitcoin and other crypto currencies. According to a March 13 Justice Department announcement, Zoobia…

https://cryptdailynews.com/american-woman-sentenced-to-13-years-in-prison-for-funding-isis-using-bitcoin/
Cryptcoin traders explain what caused Bitcoin price to fall to $3,000

The price of Bitcoin had its worst drop in seven years, after a billion dollars in long term liquidation. Major market traders are discussing the causes. The price of Bitcoin (BTC) fell to $3,600 overnight, marking the largest daily drop in Bitcoin in the past seven years. On March 12, more than $1 billion in…

https://cryptdailynews.com/cryptcoin-traders-explain-what-caused-bitcoins-price-to-fall-to-3000/
French court moves the Bitcoin piece, how will the controllers respond?

“The fact that an OECD (Organization for Economic Cooperation and Development) country recognizes BTC as a ‘fungible’ asset is progress – a wake-up call to banks, institutional investors, regulators that Bitcoin is here to stay,” according to Dan Schatt. The Nanterre Commercial Court’s February 26 ruling that Bitcoin (BTC) is a fungible and intangible asset…

https://cryptdailynews.com/french-court-moves-the-bitcoin-piece-how-will-the-controllers-respond/
USD Coin experiences great growth after the fall of the market

USD Coin (USDC) stabilizes at a significantly higher market cap following the market downturn. As Bitcoin (BTC) and the cryptcoin market in general undergoes a significant decline, people resort to stablecoins in an attempt to preserve their capital. However, some stablecoins have grown more than others. In general, market capitalizations of stable currencies are expected…

https://cryptdailynews.com/usd-coin-experiences-great-growth-after-the-fall-of-the-market/
Bitcoin price did not fall by 60% due to Coronavirus, says Binance CEO

It was the weakness of the system and the unwillingness to change any of its aspects that made traditional finance temporarily affect the price of Bitcoin, says Binance CEO Changpeng Zhao (CZ). The coronavirus pandemic was only the spark that ignited the current global economic collapse, not its cause, says Binance CEO. In a March…

https://cryptdailynews.com/bitcoin-price-did-not-fall-by-60-due-to-coronavirus-says-binance-ceo/
Baidu and Google Trends show greater interest in buying Bitcoin

Crypto dealers in China and the United States have shown more interest in buying Bitcoin than selling it. Searches on the Baidu and Google have increased in recent days. Don’t worry, this time there’s news coming from China that’s not connected to the coronavirus outbreak. With so many people around the world working from home,…

https://cryptdailynews.com/baidu-and-google-trends-show-greater-interest-in-buying-bitcoin/
Bitcoin price gains 7% in 24 hours as Wall Street bets on $2 trillion bailout

The price of Bitcoin (BTC) jumped more than $100 when Wall Street opened on March 24, with markets generally winning amid hopes that the U.S. would accept a $2 trillion coronavirus rescue package. Daily summary of the crypto-currency market. Source: Coin360 Bitcoin (BTC) price stabilizes as stocks bounce Data from Coin360 and Cointelegraph Markets showed…

https://cryptdailynews.com/bitcoin-price-gains-7-in-24-hours-as-wall-street-bets-on-2-trillion-bailout/