Community

A weighty Bitcoin (BTC) transaction was conducted on April 10, which has caught the attention of digital asset whale watchers and the entire crypto asset community at large. A BTC address recently moved around 146,500 BTC (worth approx. $1.1 bln at the time of transaction) in a single transaction.

Binance announced the acquisition of CoinMarketCap which will now officially become its daughter company. Although CoinMarketCap has claimed to remain independent, the community anticipates there might be changes in its operation.

For the past few years, YouTube has had a policy of banning and even deleting channels promoting, analyzing, or talking about bitcoin and other cryptocurrencies. While the platform itself states they are trying to protect their users against scams, some community members say it much resembles ordinary censorship.

As COVID-19 is raging over the entire planet and people are forced to isolate themselves in order not to catch the disease or contaminate others, the issue of communication and socialization becomes more and more urgent.

The Dutch Red Cross now accepts bitcoin and other cryptocurrency donations to combat the consequences of COVID-19. This move was probably caused by the need to increase the amounts of donated funds to boost research.

The co-founder of a Blockchain startup confirmed he tested positive for the coronavirus after attending the ETHLondon conference. Mr. Zhen Yu Yong asked people who had contact with him during the conference to take the required precautions and seek medical attention.

The Outbreak of the Covid-19 Strain and it’s subsequent spread to many parts of the globe has caused the cancellation of several cryptocurrency events worldwide. Event organisers are switching to Virtual Reality Technologies to Enable cryptocurrency meetups and discussions take place.

The entire cryptocurrency market is continuing to register massive losses. It is not even a month ago when Bitcoin was trading more than $1,450 (on Feb 13), but look at it now crawling in a price range of $7,600 - $7,900. That means that BTC alone has managed to decline by over $6,100 (declined almost by a half). And it brings more worry and loss of hope among the cryptocurrency community.

The online cryptocurrency community recently went into overdrive sharing preparatory tips for surviving the coronavirus. The community discussed a widening of possibilities a coronavirus pandemic could mean to the crypto markets. The most amusing aspect was the discussions of tips and tricks to stay alive during a possible pandemic.