A day after the stock market of the United States recorded its biggest monthly rally, Mashinsky notified that he believes that post-coronavirus the country’s economic activity would be L-shaped. But he also mentioned that the stock market of the US does not believe the same way, in fact, according to it, the country would have a V-shaped level of economic activity.

A report suggests that since the year 1987, it was for the first time the stock market recorded its biggest monthly rally.

The CEO of Celsius Network mentioned that the demand for crypto lending is increasing in the market because there are some people, who are aware of the fact that soon the world would have to face hard times.

In August 2019, the network lent around $ 2.2 billion in coin as loan and became the fastest growing crypto lender. And after three months the loan value doubled, reached $4.25 billion.

The company provides different interest rates to its customers on their deposits, whether it is Bitcoin, Ether or even Altcoins.

In all the fake emails it has been stated that the committee is dealing with the losses which is due to the expenditure made on the organisation of the games. These crypto scammers have ensured that the government is collecting funds from the people to deal with the losses.

The scammers somehow tried to blackmail the people of Japan emotionally by saying that the image of Japanese people will be damaged internationally if the funding target will not be achieved. They have also claimed that whoever will donate to the specified Bitcoin wallet will receive a 30% discount to purchase tickets for the games.

Trend Micro reveals that scam emails are coming from Japan
An investigation has been done by the Trend Micro in which it has been revealed that these scam emails are coming from Japan only. Around 400 such emails have been sent to the people of Japan from April 24 to 26.

It has also been noticed that this kind of scams related to the Olympic games is not new. Earlier, the Chinese Olympic Committee has also received a huge number of requests and complaints related to such scams. During that time, scammers have urged people to invest in various products that are related to the Olympic Games.

The year 2020 seems to be the ultimate test for cryptocurrencies as it is being hit hard by Covid19 pandemic disease. It has been a long time since the disease has emerged from China and have been continuously devouring the life of people from all over the world. There will be hardly any few countries which are away from its reach. Not only India, but the economy of the whole world is crippling due to its ongoing cases. Still, there has been no vaccine invented that can save you from the clutches of Covid19. The only solution left is a lockdown. But do you think it will solve the problem of crashing cryptocurrencies? No, definitely not. Let us know more about the state of cryptocurrencies during Covid19

With a general downturn in crypto markets, Ethereum prices have improved a little today. As per Tradingview.com, the prices have successfully settled slightly below $112.5 after a dip below $112 a few hours ago.

Since the year start, Ethereum has gained up to 45%, exceeding its big brother, which has made 28% gain over the same period. As the altcoins recover, Ethreum could go above the $220 psychological barrier this month that would lead to substantial gains.

The decentralized, distributed ledger stores the history of exchanged data securely and uses the p2p network for time stamping. For a very long time, Blockchain Technology is popular among the people around the globe. Earlier, in India, people were not much aware of blockchain but nowadays we can find many people developing their interest in it. Many budding blockchain developers in India want to learn more about Blockchain, as they want to pursue their career in it. However, regardless of their passion, most youngsters are forced to pursue different careers because they don't know how to become blockchain developer after 12th standard. In many countries, the government has opened up educational institutions for the people who want to be a blockchain developer. International Universities has even added up an undergraduate course for it. In India too, we can find some of the institutions or colleges that provide blockchain courses. These courses provide in-depth knowledge of Blockchain, like its origin, its coding and how the developers can re-design it etc and will help you become blockchain developer with a solid foundation.

Blockchain Learning Is Important
To be a blockchain developer, you should have basic knowledge about the blockchain development tool. You should be familiar with the terms like Blockchain, Decentralized, Consensus Mechanism and Miners. You should also have in-depth information about these terms otherwise you might get confused during the further process of development.

The budding developers, who do not have any real-world experience with cryptocurrency are advised to buy a few crypto tokens, which are available in their country so that they could learn its whole process.
What is your opinion?

An influential government authority responsible for planning China's economy has said blockchain will form an integral part of the country's data and technology infrastructure.

The National Development and Reform Commission (NDRC) told reporters Monday blockchain will join other emerging technologies such as cloud computing, artificial intelligence (AI) and the internet of things (IoT) in underpinning the systems China uses to manage the flow of information in the coming years.

Originally the State Planning Commission, the NDRC is a cabinet-level department that draws up policies and strategies for the direction of the Chinese economy. It has a wide brief that covers everything from investments into public transport to running anti-monopoly probes as well as overseeing corporate debt issuance.

On how new technologies, including blockchain, would be integrated, high-tech director Wu Hao said the NDRC would "work with relevant departments to study and issue relevant guidance to promote the development of new infrastructure [and] revise and improve the access rules that are conducive to the sustainable and healthy development of emerging industries."

The current battle between corona and cryptohas been very tough in the year 2020. But there are some positive changes which are been observed in the cryptocurrency world. The glory of Indian cryptocurrency exchanges, which seemed diminished due to this deadly disease is once again regaining it. The lifting of the ban on cryptocurrency by India’s apex court in March came as a big moment for crypto players. A lot many new developments are being noticed from the new players for launching the old platforms again to enhance sentiments of investors. But the way the Indian crypto industry turning corona crisis to an opportunity, it seems a positive development.

Cryptocurrencies during corona have experienced many drawbacks in their prices. But now things are showing slight improvement, where there are hopes by crypto investors who regard Bitcoin to be a safe haven. India’s leading cryptocurrency exchange, WazirX has noticed an impressive surge in its regular volume in the last few days. However, not many positive results are expected for equity markets. It has resulted in wiping off a trillion dollars all over the world. In the battle of crypto vs corona, many cryptocurrencies experienced a deep fall due to this deadly virus. But to the surprise, in comparison to equity markets, the crypto market has however remained stable.

In the last few days, the daily volume of WazirX has seen a surge of around 473%. There have been good signs of stability by cryptocurrencies. Many investors are now stepping up to explore crypto despite the financial crunch in the country. But it won’t be right to say anything early. Now, this can be an example of how the Indian crypto industry turning corona crisis to an opportunity. Even the situation of the corona outbreak is persisting, so one needs to wait to see any further changes in the cryptocurrency world in times of global crisis. But striking down the ban has come as a boost for the Indian crypto exchanges. Once again the sector has gained trust among the crypto lovers.

If you want to know another example of how the Indian crypto industry turning corona crisis to an opportunity, then, Unocoin, another leading Indian cryptocurrency exchange, who stopped the business amid fear of covid19 has once again restarted their functioning. There has been a daily increase of visitors on the site, which has prompted Indians to confidently invest in cryptos without any fear from coronavirus. A similar improvement can be seen in another popular Indian cryptocurrency exchange, CoinDCX. The lifting of the ban has brought positive changes where more and more people are now taking initiative in the cryptocurrency market

The epidemic has led to the rise of a new cryptocurrency called Corona coin. This evil cryptocurrency allows traders to make bets on the number of deaths from the virus infection. The creators of this crypto have designed the digital asset in such a way that its price would decline every two days according to the number of new deaths. The inadequacy of the number of tokens accessible would raise the price of this cryptocurrency. It has come to an estimation that more than 85,000 tokens have been burned so far. Corona coin's developers have claimed that its total supply is as per the population across the globe, i.e. more than 7 billion. People have now started betting on the number of deaths which would raise funds for it. But, the developers are now aiming to grant a quarter of the fund collected to the Red Cross through its 2019-nCov relief effort.