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Russian Central Bank Admits It Can’t Ban Bitcoin.

The Director of the Bank of Russia’s legal department has admitted that Bitcoin and other cryptocurrencies cannot realistically ever be banned in the country. Although cryptocurrencies are not exactly legal in Russia, it seems like they won’t ever be banned, either. origin »

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Hackers are Using Coronavirus Maps to Spread Malware.

Online security researchers warn that hackers have found another way to use the coronavirus outbreak — by infecting people through malicious coronavirus maps. Hackers have been using the fear of the coronavirus to spread an infection of their own in the form of malware that has been discovered within coronavirus tracking maps. origin »

In times of uncertainty and fear, Binance goes long on India.

Binance has partnered with cryptocurrency exchange WazirX to create a “Blockchain for India” fund worth $50 million. The fund plans on investing upwards of $100,000 in startups working on fiat-to-digital gateways, payment, and remittance solutions, DeFi, and trading platforms, the Economic Times reported. origin »

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Global GDP Expected to Lose 10%, $8 Trillion.

Global General Domestic Production (GDP) is estimated to fall by 10% this year based on a general economic shutdown for two months. The biggest car manufacturer in the world, Volkswagen,... The post Global GDP Expected to Lose 10%, $8 Trillion appeared first on Trustnodes. origin »

Bitcoin is up 24% in 2 days, but it’s showing two key signs of a local top.

The Bitcoin price has recovered by 24 percent in the last 32 hours from around $4,394 to $5,500. It has since stabilized at $5,300, but it is now showing two signs of a local top. What are the two signs Bitcoin is showing? While the Bitcoin price has shown a promising upsurge since March 16 […] The post Bitcoin is up 24% in 2 days, but it’s showing two key signs of a local top appeared first on CryptoSlate. origin »

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