Corona Virus has been a hot issue for weeks. Aside from all the topics here relating the price to ncov, this also results in postponing some crypto-related events in Asia. Governments are trying to prevent spreading the virus inside and outside their country. Travel ban and postponing of some events were some of their actions about this issue.
Due to this virus, Binance Blockchain Week in Vietnam was postponed that was scheduled from February 29 to March 04, 2020.
Hongkong blockchain week in March 2020 also got delayed with a new date that will be announced soon.
Annually Major crypto conference TOKEN2049 in March was also moved on October 2020. "Over the past weeks, we have been monitoring the global developments around the Coronavirus closely. Whilst Hong Kong is managing the situation well and has taken strict precautions to contain any potential impact, uncertainty prevails.” noted on a blog post of TOKEN2049.
Not only crypto conferences were being affected by the said issue, but even Asian trade fairs and conventions are also postponed. China's oldest trade fair, The Canton Fair, has postponed the event that was scheduled to be held on April 15, 2020. Other events in China are The East China Import and Export Commodity Fair, SEMICON, the International Building and Construction Trade Fair, and the annual China Development Forum.
Singapore also postponed its Food & Hotel Asia’s trade show and Travel Fair NATAS Travel. While in Europe, the annual Mobile World Congress have witnessed many companies pulling out, including LG Electronics and Ericsson.
Source:https://bitpinas.com/news/asia-crypto-conferences-getting-delayed-postponed-due-coronavirus-threat/
This shows how Coronavirus can affect not only in China but us globally. As a precaution and for the sake of everyone, bigger events with bigger audiences and guests mostly coming from different countries have to delayed their events.
This issue isn't just about health because even the economy can be affected by this. Companies were also being affected especially those who are based in China, stock markets are down due to the said virus. Most events stated are in China and some other countries near China. Even in my country, non-related crypto events also got postponed because it is said to avoid going to crowded places to keep yourself safe.
PS: I'm gonna delete this if it was off-topic
We can see this as an unfortunate event which can make a huge impact to the crypto market but on the other hand, we should atleast be thankful that such precautionary measure took place to avoid possible contamination of the Corona Virus. It's been so long when the virus outbreak started and we can already feel its impact to the market value of different currencies. It has given a positive effect somehow since pumps occured during the panic but we cannot still be certain that having such phenomena can help our coin's value rise up.