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Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China

Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations have also abandoned the country on Monday. Btc.top and Hashcow have suspended […] дальше »

2021-5-24 16:30


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Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot

Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians might be preparing for what could be considered an […] дальше »

2021-5-24 10:30


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Fed Begins to Taper QE- US Central Bank Removes $351 Billion in Liquidity via Reverse Repos

After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to be tapering back monetary easing policy via reverse repos (RRP). Following this week’s published minutes report from the Fed’s April monetary policy meeting, it seemed as though members of the central bank were prepared to discuss rolling back large-scale Treasury and […] дальше »

2021-5-23 23:00


Breaking: China Bans Crypto For the 100th Time; Hong Kong Proposal Seeks to Restrict Retail Traders From Exchanges

Cryptocurrency exchanges in Hong Kong are set to be prohibited from offering services to retail crypto traders following a new government proposal. Hong Kong Floats New Proposal On Licensing Crypto Firms The legislative proposal, which Hong Kong's Financial Services and Treasury Bureau (FSTB) floated, has now moved past its consultation period, Reuters report. дальше »

2021-5-22 19:42


4Chan Insider Predicted Bitcoin Crash, Claims It Was A Coordinated Attack

Investors are contemplating what next following the market correction, which saw Bitcoin drop as low as $29k. Many pin the events of yesterday on FUD, whether Elon FUD, China FUD, or OCC FUD. However, an “insider” on anonymous board 4Chan claims it was a coordinated attack by an unnamed firm connected to the Chinese government. […] дальше »

2021-5-20 15:00


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Coinbase seeks additional $1.25 billion funding via institutional investors

Coinbase said on Monday that it plans to raise about $1. 2 billion from private debt offering in a bid to inject funds, following the continuous underperformance of its Nasdaq-listed stock. The cryptocurrency exchange will also be granted the initial purchasers of the notes a 30-day option to buy up to an extra $187. дальше »

2021-5-19 14:20


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Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided

Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided. ” Referring to its research using real-world data, the investment firm emphasized that “the impact of bitcoin mining could become a net positive to the environment. дальше »

2021-5-18 02:30


Bitcoin to Ethereum rotation is changing ROI on traders' portfolios: Understand the impact

Is it likely that one of the factors driving Bitcoin's price plunge is the rotation of investment from Bitcoin to Ethereum? Looking at the following chart with ETH and BTC percent balances across exchThe post Bitcoin to Ethereum rotation is changing ROI on traders' portfolios: Understand the impact appeared first on AMBCrypto. дальше »

2021-5-17 17:00


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Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm

The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx, Michael Dubrovsky, revealed the nonprofit Powx has recently submitted a Bitcoin Improvement Proposal (BIP) that aims […] дальше »

2021-5-15 02:00


City of Williston North Dakota Adopts Crypto Payments for Utility Services

Following mainstream adoption of cryptocurrencies as a payment option, the City of Williston is joining a posse of US states accepting crypto payments. Crypto Payment Cost-Effective According to an announcement posted on its website, the North Dakota city said it would be accepting cryptocurrencies as a payment option. дальше »

2021-5-15 21:44