Tag: COVID19

How blockchain contributes to the fight against COVID-19

[ad_1] On Jan. 30, the South China Morning Post reported that one of the largest Asian pharmaceutical companies, Zuellig, had launched a blockchain-based system to track the quality of COVID-19 vaccines. Called “eZTracker,” it allows any user to “instantly verify the provenance and authenticity” of vaccines by scanning the QR code on the package. Somewhat surprisingly, throughout the pandemic, there have not been many reports of blockchain-based products adopted by big pharma or global healthcare organizations to bolster the anti-COVID effort. Here is a rundown of the major cases of…

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Bitcoin drops below $54K, stocks sell-off after new COVID-19 variant emerges

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[ad_1] Crypto exchange Deribit is the absolute leader in the Bitcoin (BTC) options markets, and on Nov. 24, the 25% delta skew indicator signaled that sentiment among pro traders was becoming “more bearish overall.” We’ve seen 25-Delta put skew moved from around 0% to almost 10-15% pending time to expiry since beginning of Nov implying a more bearish overall sentiment. Premiums for downward protection are getting more expensive.In the short term, this expiry has a Max pain of $58k. https://t.co/jhpT1riX3g — Deribit (@DeribitExchange) November 24, 2021 Bitcoin price appears to…

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COVID-19 Asia Digital CBDC Bitcoin

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[ad_1] Whether or not you’d believe inflation could reach World War II levels, it’s clear that the global economy post-COVID-19 looks uncertain. A chasm is growing between the developed and developing markets fueled by uneven vaccination rates and Gross Domestic Product growth. Central Bank Digital Currencies (CBDCs) are set to be a key factor that’ll accelerate the world economy fit for the digital age, ushering in a digitally-connected economy unlike anything we’ve seen before. Despite inflation being slowly on the rise, depressed economies like the U.S. are accelerating in their…

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How Has Covid-19 Risen Bitcoin’s Price

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[ad_1] When the Covid-19 pandemic hit the globe at the beginning of 2020, many sectors were adversely affected. For instance, the hospitality and airline industries took a dip due to travel restrictions and lockdowns. Bitcoin was also hit in March 2020 by the financial impact of Covid-19. However, the effect was not long-lasting. While gold has been vaunted as the go-to store of value, bitcoin emerged as a serious challenger. The bitcoin price proliferated in the Covid-19 period. The price increased from $5,000 in March 2020 to an all-time high…

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Athlete Gives BTC To India COVID-19 Relief

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[ad_1] Brett Lee, a professional cricketer for the Indian Premier League, has donated one bitcoin (worth about $55,000 at the time of this writing) to aid India’s ongoing battle against the COVID-19 pandemic. He was inspired by fellow Australian cricket player Pat Cummins, who donated $50,000 toward a fund for oxygen supplies in India’s hospitals, according to a Twitter announcement about his own donation. “India has been like a second home to me,” per the announcement. “I feel privileged to be in a position of making a difference and with…

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