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Bitcoin (BTC) Records Fourth Consecutive Mining Difficulty Decline

Bitcoin (BTC) has become increasingly easier to mine for the fourth straight difficulty epoch as the network continues to feel the effect of the sweeping crypto mining ban in China. Meanwhile, the hash rate is expected to migrate to the Western hemisphere with mining establishments keen to upscale their operations to cover the temporary voidRead More дальше »

2021-7-20 04:00


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Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging

Despite the crypto ban in Nigeria, the country has recorded massive growth in its peer-to-peer bitcoin trade volumes in recent times.   Available data has revealed that in the month of June, citizens of the country traded around $38 million worth of digital assets —the second time the country has recorded volume above $35 million. дальше »

2021-7-13 10:03


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Why China’s Renewed Bitcoin Crackdown Isn’t Telling On Many Significant Levels

Even as Bitcoin attempts to gain a footing in the now downsized market owing to massive dumping witnessed in May following China’s ban on crypto-related activities, the PBOC seems not to be backing down on its move against Bitcoin miners and traders but instead, seems to have intensified its crackdown. On July 6, the Beijing […] дальше »

2021-7-9 22:32


Barclays UK Customers Can No Longer Transfer Funds To Binance

Barclays clients in the UK can no longer transfer funds to Binance after the bank indefinitely banned credit and debit card transactions to the exchange, according to recent reports. The apparent ban comes roughly two weeks after the UK’s Financial Conduct Authority (FCA) stated that Binance Markets Limited, the firm’s UK operations, was not holding […] дальше »

2021-7-6 02:34


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Bitcoin-Bashing U.S. Rep Sherman Calls For Outright Ban On Cryptocurrencies

United States Congressman Brad Sherman (D-CA) has urged his colleagues to consider completely shutting down cryptocurrencies, arguing that they are “highly volatile”.  Sherman: Crypto Facilitates Tax Evasion A congressional hearing hosted by the House Financial Services Oversight Subcommittee on June 30 performed an overview of the budding crypto ecosystem. Sherman observed that it would make […] дальше »

2021-7-1 21:22


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Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year

Indian households are known for their affinity for gold but 2020 brought in a notable shift in investment allocation. While Indians own more than 25,000 tons of gold, investments in cryptocurrencies soared from about $200 million to almost $40 billion in the past year despite a proposed trading ban and outright hostility toward the asset […] The post Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year appeared first on Invezz. дальше »

2021-6-28 16:25