In this video, we will discuss the top 5 sectors COVID-19 impacted the most in 2020. Our choices are based on the SimilarWeb Data Insight Hub and their findings and to some common sense conclusions based on the types of businesses closed during the current global quarantine.
Now let’s jump to the sectors..
#1 Air Travel
Due to the spread of the virus, many countries have already completely shut down their borders. Due to this fact, most of the airline companies worldwide have either stopped working completely or stopped their flights to specific countries.
#2 Accommodation, Hotels, and Car Rentals
These days, tourism looks more risky than fun. Therefore, most of the vacations now and in the coming up months are completely canceled. Many hotels which depend on the volume of tourists to survive may now have to shut down temporarily and even permanently. With the quarantine in place, people are required to stay at home and only go out when necessary. This is why less and less people are using cars and car rental services.
In times of crisis, we tend to experience a need to stay connected and informed. Whether to track new infections or to get information on best practices to avoid infection, tracking traffic to government and news websites is an indicator of the public sentiment.
#4 Toilet Paper Production
The toilet paper mass hysteria has become a global phenomena. No one can explain why people around the world panicked over potential toilet paper shortages.
Because of the coronavirus and the quarantine, most of the companies which have the capacity to have their employees work from home are now heavily using video communications and remote conferencing services which has led to the surge of such companies stocks like Zoom which surged 300% in less than 2 months.
In this video, we will discuss the 5 best payment gateways to turn crypto into cash in 2020. The main problem and question for those who are not involved in crypto is how do I turn my Bitcoin or digital unreal coins into actual fiat money? Well, this problem has been resolved a long time ago.
In this video, we will talk about the Top 5 Myths about Bitcoin Spending in 2020. We will also discuss if Bitcoin(BTC) is used only for the Dark Web and can you convert BTC to fiat and how?
In this video, we will talk about the Top 10 Best Cryptocurrency Wallets in 2020. As an added bonus, in the end of the video, we will mention 5 more cryptocurrency wallets worth using in 2020.
In this video we will talk about the Bitcoin Crash, COVID19, the Stocks Market Crash and much more!
✅BTC reached all times low this year! BTC went down over 25% today reaching $5,199, so what's next?
👇🏻Trump restricted 26 European countries citizens to visit the USA effectively starting this Friday.
✅The CoronaVirus is now officially considered a Pandemic!
👇🏻What is Pandemic?
A pandemic (from Greek πᾶν pan "all" and δῆμος demos "people") is a disease epidemic that has spread across a large region; for instance multiple continents, or worldwide. A widespread endemic disease that is stable in terms of how many people are getting sick from it is not a pandemic.
Further, flu pandemics generally exclude recurrences of seasonal flu. Throughout history, there have been a number of pandemics of diseases such as smallpox and tuberculosis. One of the most devastating pandemics was the Black Death, which killed an estimated 75–200 million people in the 14th century. The current pandemics are HIV/AIDS and coronavirus disease 2019 (COVID-19).
😪Bitcoin Records 2nd Largest Crash in History After Mt. Gox. As the BTC price tanks to early March 2019 level $3,850 in a violent downward move. 😪The Dow Jones has declined by about 28% between February 11 and March 12, 2020, driven by the Coronavirus pandemic and turmoil in the crude oil markets. While it's difficult to say where this crisis could be headed, it would help to compare the current crisis with other historic stock market/economic crises - namely the Great Depression of 1929 (-89% decline), Black Monday of 1987 (-31%), the 2000s Recession (-34%), and the Great Recession of 2007-08 (-49%). 😪Trump declares national emergency over coronavirus.
CoronaVirus Effect: Stock Markets Circuit Breakers, Crude Oil Crash, BTC and Alts shorting & longing
In this video, we will talk about the CoronaVirus Effect on economies and daily lives globally, the Stock Markets crash, the Circuit Breaks, the Crude Oil Crash(33%+), and the BTC & Altcoins markets current situation!
👇🏻What is Coronavirus(Covid-19)?👇🏻
Coronaviruses are common causes of colds and respiratory tract infections. At the end of 2019, a new type of coronavirus began making people sick in China. You might hear the virus called COVID-19. Some of the first cases were diagnosed in people who had visited a market selling live seafood and animals.
👇🏻What is a Stock Market crash?👇🏻
A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic as much as by underlying economic factors. They often follow speculation and economic bubbles.
👇🏻What are Circuit Breakers? When are they triggered?👇🏻
Circuit breakers. Circuit-breaker points represent the thresholds at which trading is halted market-wide for single-day declines in the S&P 500 Index. Circuit breakers halt trading on the nation's stock markets during dramatic drops and are set at 7%, 13%, and 20% of the closing price for the previous day.
👇🏻Why oil prices are crashing and what it means?👇🏻
Saudi Arabia, the world's top exporter, launched a price war over the weekend. The move followed the implosion of an alliance between the OPEC cartel, led by Saudi Arabia, and Russia. The kingdom and Russia came together to form the so-called OPEC+ alliance in 2016 after oil prices plunged to $30 a barrel. Since then, the two leading exporters have orchestrated supply cuts of 2.1 million barrels per day. Saudi Arabia wanted to increase that number to 3.6 million barrels through 2020 to take account of weaker consumption. But Russian President Vladimir Putin, worried about ceding too much ground to American oil producers, refused to go along with the plan and his energy minister, Alexander Novak on Friday signaled a fierce battle to come for market share when he said countries could produce as much as they please from April 1.
👇🏻What is BTC(Bitcoin) shorting & longing? 👇🏻
Going long means you own bitcoins, which is the norm for people here. You benefit from increases in price. Going short is the opposite. You borrow bitcoins from someone, sell them to someone else in anticipation of replacing the coins you borrowed at a later date with coins you bought for cheaper.
For a second consecutive day the price of Tezos(XTZ) remains steady in the range of $3.20 - $3.24 per coin. For the bulls, Tezos(XTZ) would need to break out from $3.50 levels to form a near-term bullish trend.
Bitcoin shows strong support in the range of $9,050, but is having a hard time for the past two days to break the bearish resistance at $9,170.
Ethereum(ETH) shows signs of recovery and sends bullish signals today being up with 3.20%.
From the Binance Launchpad IEOs and recently listed coins, this week COTI shows the highest gains with 84.78% up. While Hedera Hashgraph(HBAR) is up with an astonishing 56.62% this week.
The biggest gainers of the day
Across the rest of the top 50 biggest gainers on Coinmarketcap, the most noticeable ones are:
Designed and launched by Richard Heart on 2 December 2019, HEX describes itself as a Certificate of Deposit on the blockchain.
WazirX claims to be India's most trusted Bitcoin exchange. WazirX was recently acquired by Binance and the WazirX token went through an IEO phase on the Binance Launchpad at the beginning of February this year.
Polkadot empowers blockchain networks to work together under the protection of shared security.
The free fall of the traditional stock markets has continued this week. S&P 500 Index closed this week at 2,972.37 and Dow Jones closed at 25,864.78. While Bitcoin is still standing strong.
Data shows that buying the worst-performing cryptos on a daily basis can provide a better risk-adjusted-performance than just buying the best-performing cryptocurrencies.
The price of Tezos(XTZ) has been going steadily up by the Tezos protocol upgrade activation at block 851,969 yesterday as it continues to climb higher.
Steering clear of the major support and resistance levels, Tezos recovered and is up from $2.62 on Monday and currently sitting at $3.14.
For the bulls, Bitcoin would need to break out from $9,543 levels to form a near-term bullish trend.
This week MATIC has gained a moment and is currently up with the astonishing 25% this week.The biggest gainers of the day
Across the rest of the top 50 biggest gainers on Coinmarketcap, the most noticeable ones are:
What is COTI?
COTI is an enterprise-grade FinTech platform that enables cross-chain interoperability and is built on its own DAG-based chain. It supports scalability and low transaction costs and is supplemented with payment-specific requirements in the form of COTI Pay, a digital payment solution. COTI Pay empowers enterprises and merchants to receive multiple payment methods and build their own payment networks and Coin as a Service (CaaS).
What is MobileGo?
MobileGo (MGO), a cryptocurrency that offers in-game rewards. Its ultimate goal is to 'make games available to everyone'. With the beta release of its eSports platform, the MGO token is used as a match reward and entrance fee for tournaments. It also enables holders to earn discounts for in-game purchases. Users can earn Gshare Gold, which enables participation in Gshare Gold fee-based tournaments. It supports HTML5 games on PC and mobile.
What is Hedera Hashgraph?
Hedera describes itself as a decentralized public network that aims to allow anyone to transact, play, and socialize in a secure, trusted environment.
What is Airbloc?
Airblock is redefining how data is collected, monetized and utilized. Enterprise-grade data infrastructure for transparent user data collection, monetization and exchange.
Smaller altcoins overview of the week
After a very strong bear pressure shown this week, Evedo(EVED) token is down this week approximately with 40%.
Aeron(ARN) is gaining momentum and it currently stands at $0.1377.
On March 4 CryptoBonusMiles updated its mobile app to v1.1 with Booking affiliate partner programme integrated. However, this didn't seem to have helped for the price of the CBM token as this week it continues to fall and it is currently sitting at $0.000033.
The week has been very tough with high volatility in both Bitcoin and altcoins markets. Some of the external factors for this is the global spread of the coronavirus and its affect on the global economies and the stocks markets.