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Korean Exchanges Delisting Altcoins as Banking Contracts Renewal Looms

In preparation for the go-live of the new crypto exchange law scheduled to take effect in September 2021, South Korean exchanges are actively delisting obscure altcoins from their platforms, as the crypto-supporting lenders including NH Nonghyup Bank, and Shinhan Bank, among others, is now reviewing the operations of these exchanges to ensure they are fullyRead More дальше »

2021-6-22 11:00


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Professor Eswar Prasad: Bitcoin’s 3 flaws could spur demand for other cryptos

Apart from its damaging effect on the environment, Bitcoin (BTC/USD) is not as anonymous as generally assumed, and it is not effective as a means of payment, Cornell professor and author of the upcoming book The Future of Money: How the Digital Revolution is Transforming Currencies and Finance Eswar Prasad told CNBC in an interview. дальше »

2021-6-19 18:58


Tanzania’s President Calls For Central Banks To Work Towards Crypto Acceptance

Bitcoin and crypto adoption was all over the place last week and it seems like the trend might continue this week as well Following the recent events of El Salvador’s President Nayib Bukele announcing the acceptance of Bitcoin as a legal tender, this has sparked a domino effect of other Central and South American countries […] дальше »

2021-6-14 20:23


Fed Balance Sheet Hits $8 Trillion for the First Time, US Inflation Sees Biggest Surge in 13 Years

The balance sheet of the Federal Reserve has topped $8 trillion for the first time, according to the weekly data published by the US central bank on its holdings. At $8 trillion, the Fed’s assets have about doubled since it started large-scale purchases in March 2020 to combat the effect of the coronavirus pandemic. дальше »

2021-6-11 16:05


Bitcoin Domino Effect: Arms Race For Nations To Adopt BTC Is On

In retrospect, it seemed inevitable that the poorest regions on earth would be amongst the first to embrace Bitcoin. After El Salvador announced its intention to give BTC legal tender status, many politicians from Latin America and other parts of the world have shown their support and intentions to implement pro-Bitcoin politics. Paraguay, Brasil, Mexico, […] дальше »

2021-6-10 22:57


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Australian Mining Company Expects Bitcoin To Overcome Backlash Over Energy Concerns

Sydney-based Bitcoin mining company Iris Energy Pty expects the world’s largest cryptocurrency to overcome the struggles brought on by the concerns regarding its effect on the environment. Crypto investors and holders are well aware of Bitcoin’s latest plunge, with the digital coin falling to a figure that more than halved its all-time high in May. […] дальше »

2021-6-1 15:35


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Does the Price of Bitcoin Really Depend on the Opinion of Elon Musk? An Interview With Norbert Goffa, the Co-Founder of ILCOIN Blockchain Project

An interview by Alyona Karpinskaya Interviewing: Norbert Goffa Q: What is your opinion about the post of Elon Musk, where Tesla dissociated itself from Bitcoin, regarding the environmentally damaging effect of its mining? A: Honestly, I find it very amusing! Naturally, Elon Musk just happened to realize that the mining of Bitcoin has an environmentally […] дальше »

2021-5-26 06:33


China’s Ban On Mining Is Changing Crypto’s Landscape

China announced last week that financial institutions in the country would no longer be able to sell Bitcoin services, and that mining would be prohibited. Many in the Bitcoin community, including this paper, reacted with skepticism to the news, noting that China has previously “banned” its companies from using Bitcoin with little effect, and that […] дальше »

2021-5-25 02:20


US Treasury Wants $10k Crypto Transactions Reported; Likely to Rise In ‘Importance in the Next Decade’

The new American Families Plan Tax Compliance Agenda would go into effect in 2023, the agency wants crypto businesses to report transactions in excess of $10,000. Just like they report Cash transactions in excess of $10k The post US Treasury Wants k Crypto Transactions Reported; Likely to Rise In ‘Importance in the Next Decade’ first appeared on BitcoinExchangeGuide. дальше »

2021-5-21 16:36


Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect

This is positive for the crypto industry because Inner Mongolia is China’s second-largest coal producer, and such a move will push Bitcoin miners towards using renewable sources. The post Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect first appeared on BitcoinExchangeGuide. дальше »

2021-5-20 18:09


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Two crypto experts discussed crypto and whether ‘The Musk Effect’ is real

About a week and a half ago now, Elon Musk, the CEO of Tesla, and one of the wealthiest individuals in the world appeared on SNL, where he referenced his favorite crypto, Dogecoin (DOGE/USD). Two days later, Musk’s company, Tesla, announced that it will no longer accept BTC payments for electric cars due to the […] The post Two crypto experts discussed crypto and whether ‘The Musk Effect’ is real appeared first on Invezz. дальше »

2021-5-19 10:45


China FUD Back into Effect as Three Self-Regulating Bodies Reiterate Country’s Anti-Speculation Stand on Crypto

Affecting the cryptocurrency prices since 2013, China banning Bitcoin FUD is back amidst the ongoing market volatility, sending BTC price back in the 42k-46k range. The post China FUD Back into Effect as Three Self-Regulating Bodies Reiterate Country’s Anti-Speculation Stand on Crypto first appeared on BitcoinExchangeGuide. дальше »

2021-5-19 19:48


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How The ‘Elon Effect’ Has Affected The Bitcoin Market So Far

The ongoing market bloodbath in the Crypto-industry has left many wondering how some of the highest losers, which includes Bitcoin, will survive going forward. Usually, a bear market is perceived as a regular phase for digital currencies, but since Bitcoin largely benefitted from Tesla’s support, there are valid reasons to question Bitcoin’s stability going forward. […] дальше »

2021-5-15 16:16