Let’s talk about freedom… of speech, Steem and Bitcoin. A week in review by BTCMEX.
Break’N Crypto — Fintech news by BTCMEX
Bitcoin decoupled from the stock markets, Hive hard forked from Steem, freedom of speech threatened due to coronavirus. What else happened this week?
According to last week’s charts, the Bitcoin (BTC) price has decoupled from the crushing traditional markets. By the end of the week, the price bounced back above $6,000. As the stocks crashed earlier, triggering the circuit breakers on the major exchanges, the cryptocurrency price followed the downturn hitting the range of $3,000, and questioning the Bitcoin’s safe haven status during the coronavirus outbreak.
Opposing the recent blockchain takeover by Justin Sun, Steem community announced a Hard Fork to launch the new network — Hive.
The fork successfully took place on Friday, March 20, driving the price of STEEM token down by 20%. The community worried that Steemit, now controlled by Justin Sun, might use the stake for its own profit, announced the split to keep the network truly decentralized. Reportedly, eight exchanges have already agreed to support the Hive airdrop.
Freedom of speech has been threatened during the outbreak of COVID-19, convinced the peer-to-peer VPN provider Orchid. The US-based company announced offering free services to accredited journalists in response to the press censorship witnessed recently.
A private network will be provided for all the qualified mass-media contributors who provide proof of their status all over the world.
Break’N Crypto — stay current with BTCMEX
HIVE IS ALIVE!!!
JOIN US, YOU'LL HAVE EXACTLY THE SAME BALANCE AS YOU HAVE HERE ON STEEM WITHOUT THE CENTRALIZATION AND CENSORSHIP!!
https://hive.blog
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