Italian Red Cross Builds COVID-19 Medical Post With Donated Bitcoins

Italian Red Cross Builds COVID-19 Medical Post With Donated Bitcoins

A cryptocurrency fundraising initiative for the Italian Red Cross has tripled its initial campaign goal of roughly $10,000 in less than four weeks. On April 5, Italy’s “blood donation day,” the Italian Red Cross constructed an advanced medical post using funds generated through a crypto fundraiser.The Italian Red Cross has raised nearly $32,000 through cryptocurrency donations in less than one month. Roughly $22,000 has been used to finance the construction of the initiative’s first…

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‘This Will and Needs to Be Bitcoin’s Year’ Says Mike Novogratz

'This Will and Needs to Be Bitcoin’s Year' Says Mike Novogratz

Just as Bitcoin’s creation is bound up with 2008 and the Great Recession, Galaxy Digital founder Mike Novogratz sees this year as make-or-break for the cryptocurrency. With vast swaths of the world markets in virtual lockdown amid the coronavirus pandemic, some predict that the shocks rippling through the global economy in early 2020 may yet come to dwarf the magnitude of the 2008 financial crash.Just as Bitcoin (BTC)’s creation is bound up with 2008…

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