February 2020 Recap

February Recap

 

COVID-19 

The new coronavirus strain continues to spread across the globe, and infection rates are only increasing exponentially. The World Health Organization has re-affirmed that there are no current effective treatment, and the viral mutation is still being researched.

By March 1st, the coronavirus, now named COVID-19, has infected more than 90K people across 90 countries around the world. Outbreaks in South Korea, Italy and Iran have been especially infectious.

City quarantines and factory closures are still in effect, and economic relations are still being affected. Mining difficulty and hash-rate for cryptocurrencies such as Bitcoin has also been drastically influenced by the lack of production.

Provided below is a visual representation of the comparison and differences between traditional markets and cryptocurrencies, and the continued effects of this virus outbreak has affected global economics for February.

Overview

Stock Indexes

Traditional Stocks

Cryptocurrencies

Crypto News

 

Sources:

https://www.npr.org/sections/goatsandsoda/2020/02/24/808914718/secretive-church-sect-at-the-center-of-south-koreas-coronavirus-outbreak

https://www.bbc.com/news/world-middle-east-51673053

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html?fbclid=IwAR2TqPvjKTFX9Divbax9Gjm2pgaJuStjwZ0eqhZRzGL8NnvePmOhrmlOqFA#/bda7594740fd40299423467b48e9ecf6

https://www.bloomberg.com/news/articles/2020-02-28/germany-boosts-border-checks-google-scraps-event-virus-update

https://www.businessinsider.com/coronavirus-anthony-fauci-trump-admin-stops-discussion-2020-2

https://decrypt.co/20515/coronavirus-will-delay-chinas-digital-currency

https://www.independent.co.uk/news/world/americas/coronavirus-us-live-updates-cdc-symptoms-prepare-how-mask-san-francisco-latest-a9360196.html?page=1#post-1185157259

https://www.cbsnews.com/live-updates/coronavirus-death-toll-infections-outbreak-evacuations-quarantine-latest-updates-2020-02-10/

https://thenextweb.com/neural/2020/03/02/alibabas-new-ai-system-can-detect-coronavirus-in-seconds-with-96-accuracy/

https://cointelegraph.com/news/us-marshals-to-auction-37m-in-confiscated-bitcoin-in-february

https://cointelegraph.com/news/tesla-stock-now-looks-exactly-like-bitcoin-at-20k-in-2017

https://cointelegraph.com/news/tesla-stock-now-looks-exactly-like-bitcoin-at-20k-in-2017

https://cointelegraph.com/news/australia-to-release-national-blockchain-roadmap-after-year-of-preparation

https://cointelegraph.com/news/trumps-new-budget-would-have-secret-service-investigate-crypto-crimes

https://cointelegraph.com/news/egyptian-national-bank-turns-to-blockchain-to-boost-remittance-business

https://cointelegraph.com/news/what-caused-bitcoin-price-to-surge-past-10k-over-the-weekend

https://www.coindesk.com/bitcoins-mining-difficulty-stagnates-as-coronavirus-outbreak-delays-new-equipment

https://www.coindesk.com/south-koreas-central-bank-is-building-a-new-blockchain-system-for-the-bond-market

https://cointelegraph.com/news/samsung-keeps-cryptocurrency-functionality-in-galaxy-s20-models

https://www.coindesk.com/dusk-network-plans-to-tokenize-equity-for-thousands-of-dutch-companies

https://cointelegraph.com/news/hong-kong-and-abu-dhabi-change-crypto-regulations-to-align-with-fatf

https://cointelegraph.com/news/house-committee-to-hold-hearing-on-benefits-of-blockchain

https://www.coindesk.com/new-jersey-lawmaker-wants-to-create-a-crypto-license

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