Bitcoin Extends Rebound on AstraZeneca-Oxford Vaccine Results
Bitcoin rose Monday, putting itself back on track to retest its record high after promising results on a coronavirus vaccine reinforced hopes of an economic rebound next year. The spot BTC/USD exchange rate climbed 0.95 percent after the benchmark cryptocurrency briefly snapped its six-week winning streak on Sunday. The pair touched an intraday high of […]
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Bitcoin and U.S. stock futures shot up on Monday after Pfizer announced positive results from a trial of its coronavirus vaccine.
Bitcoin’s second attempt to close above $16,000 hit a wall on Monday as traders assessed the latest progress on a coronavirus vaccine. The benchmark cryptocurrency fell 0.77 percent, suggesting that its last week’s advance, which took its price to a three-year high, would reverse in the daily sessions ahead. Bitcoin also plunged on technical merits […]
This morning, news broke that Cambridge, Massachusetts-based biotech firm Moderna, had reached 94.5% efficiency in preventing the onset of COVID with their in-the-works vaccine. Bitcoin responded with a rally, but the last time around when Pfizer revealed their success rate, the cryptocurrency plummeted by over $1,000. With the likelihood of an effective vaccine growing, and […]
A Feathercoin meetup is being held in a pub in Oxford, England, this weekend, giving those interested in the digital currency the chance to meet the team behind it. The event is taking place at The Oxford Blue on 20th July from 3:00pm. Among the attendees will be founder of Feathercoin Peter Bushnell, who worked as head of IT at Oxford University's Brasenose College for 10 years. He will lead an open discussion about digital currency and how it can benefit both consumers and merchants. Chris Murray, owner of the Oxford Blue, said he's been "fascinated" with altcoins since he first learned....
A vaccine merely triggers inflation, allowing more institutions/investors to exchange their cash holdings for the cryptocurrency.