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Editor's Note: While there’s plenty of narratives to comb through in this week's issue of CoinSnacks, some of the biggest news comes from our friend Big T. He’s about to release his top 5 small-cap cryptos for free. To get his picks, just sign up here.

 MUST READS 

Bitcoin's Response to Fed Rate Cuts


Bitcoin prices slid yesterday after the Fed announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus.

We know what you're thinking...

What kind of safe haven asset is this?

To find that answer, we suggest you check out Messari's latest post exploring how BTC has performed after markets experienced their worst week since the 2008 crisis.

TL;DR: BTC's case as a safe haven asset is not invalidated just yet. Gold did exactly this during the 2008 financial crisis in the short-term. Furthermore, Bitcoin is a hedge against inflation & loss of confidence in fiat, NOT a hedge against a typical recession.
 

Speaking of Corona...


Messari's essay from the section above shows us why there's no reason to panic after BTC's synchronized decent with the overall markets...

The uncertainty surrounding coronavirus, however, is an entirely different beast.

Two of our favorite crypto minds (Marty Bent & Ryan Selkis) shared their thoughts on all the recent chaos... explained why central bankers certainly won't help... instilled some harsh realities... and even made some predictions.

Oh, and on that note...

A group of super philanthropic and ethical crypto devs just created a coin that allows traders to bet on the epidemic, based on how many people fall ill or die.

Here's how it works: CoronaCoin's supply is based on the world population, and tokens will be burnt once every 48 hours based on the number of those that have been infected or have died. Some people speculate a large portion of the supply will be burned due to the spread of the virus, so they invest... 🤦‍♂️

Oh, but don't worry. Some of the money goes to charity.

"Around 20% of supply of supply will be allocated for donation monthly to the Red Cross using a well-known cryptocurrency payments processor."
 

 SPONSORED 

The No.1 Crypto of 2020?


Teeka Tiwari has picked the #1 cryptos of 2016, 2017, 2018, and 2019. On Wednesday, March 18, during a historic training event, Teeka will share details on the name of a crypto that could not only be #1 for 2020… but also the 5 coins he believes could potentially turn $500 into as much as $5 million.

Click here now to register for free.

 

 DEEP DIVE 

2020s: The Rise of Ethereum


Ten years from now, millions of developers will have worked rigorously over the course of the 2020s to create a new, open financial system on Ethereum, displacing existing financial markets and exchanges and creating new products we can’t envision yet, just as Facebook, Amazon and Google were hard to fathom at the dawn of the Internet.

TL;DR: What the Internet did to data, Ethereum will do to finance. As a result, Ether will be the best risk-adjusted investment this decade.
 

London Blockchain Ecosystem Report


A new report from Outlier Ventures reveals that London blockchain firms have raised over $500m in equity funding since 2013, and that the UK capital is the preferred European hub for blockchain startups.

Yes, this kind of reads like an ad for Outlier Ventures and London, but still interesting nonetheless.
 

Bitcoin and the Election: What do the 2020 Candidates Think?


2020 could be the Bitcoin election, with US Presidential hopefuls expected to have an opinion about blockchain and cryptocurrencies. Here's what they think.
 

 SPONSORED 

The #1 Gold Pick for this New Gold Bull Market


The bull market in gold is finally here. Since bottoming in August of 2018, gold has soared past $1,400 per ounce... $1,500 per ounce... And over the past month, gold passed the $1,600 threshold for the first time in 7 years.

And while the best miners can return hundreds of percent in a gold bull market – most of them are extremely risky. But we've found a gold play that's much, much better.

Priced at around $7 today, this stock has tons of upside potential as the price of gold continues to rise.

Bottom line: We consider this the #1 way to play the gold rally right now.

 

 REGULATORY FRONT 

India Lifts Ban on Cryptocurrency Trading


According to a report from Bloomberg, India's Supreme Court has ruled against a decision from April 2018 in which the Reserve Bank of India (RBI) banned financial institutions from providing banking services to crypto exchanges.

The court ruled today in favor of petitions by crypto exchanges and startups that opposed the decision made by the RBI.

"The uplifting of the ban by Supreme Court is going to open new opportunities for India in terms of investments, economy and a market as a whole," said Sumit Gupta, CEO of CoinDCX. "We have always seen crypto as a potential to unlock India's dream of becoming a $5 trillion economy."

Some crypto assets such as WRX and MATIC are already feeling the effects. 🚀

 

US Charges Two Chinese Nationals for Laundering $100M in Cryptocurrency


The US Treasury Department and the Department of Justice have indicted two Chinese nationals on accusations of helping N. Korean hackers launder cryptocurrency stolen during hacks of two cryptocurrency exchanges.

According to US officials, Tian Yinyin and Li Jiadong acted as intermediaries and money mules for Lazarus Group, a codename used by the cyber-security industry to describe hackers working on behalf of the North Korean government.

The Lazarus Group is one of the three North Korean hacking units that the US accused last year of helping the Pyongyang regime raise funds for its weapons and missile programs.

 

 TWEET OF THE WEEK 

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