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Bitcoin Miners in Xinjiang’s Largest Tech Park Ordered to Shut Down

Bitcoin miners in Zhundong, Xinjiang, China, have been told to shut down their rigs, The Block, on June 9, reports. The Blow in Zhundong Officials in Zhundong, acting on orders from the Changji prefecture government in Xinjiang, were instructed to shut down Bitcoin and cryptocurrency mining operations in the Zhundong Economic Technological Development Park byRead More дальше »

2021-6-9 14:00


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Elon Musk Seemingly Agrees Claims Of Him Being A Crypto Market Manipulator Are Hypocritical

Tesla CEO Elon Musk has had a uniquely massive influence on the world’s largest cryptocurrency price movement by market capitalization. Through a couple of tweets, announcements, and a Saturday Night Live appearance, the eccentric billionaire has sent the price of bitcoin on a roller coaster, essentially putting the cryptocurrency’s investors in a vulnerable position. Whatever […] дальше »

2021-6-6 19:13


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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


China’s Online Marketplace Records Surge In Mining Machines Listing Following Ban

Chinese online second-hand market sees a surge in second-hand mining machines from Inner Mongolia and Sichuan. Marketplace Sees Surge In Bitcoin Mining Machines China’s largest online second-hand market place Xianyu has registered a surge in Bitcoin mining machines listing over the past few days especially from Inner Mongolia and Sichuan regions, the two most prolific […] дальше »

2021-5-29 14:27


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Spain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies

The biggest Spanish asset managers are still not convinced of cryptocurrencies as an asset class, and therefore have no plans to invest in the space yet. The declarations of several spokespeople linked to these companies state that, while there is a significant opportunity in the nascent cryptocurrency sector, it is still too young and volatile […] дальше »

2021-5-29 12:30


As The Market Struggles To Recover, Here Are 5 Cryptocurrencies Redditors Are Buying

Investor concerns about volatile technology stocks have been heightened by the wild collapse in cryptocurrency prices over the last week. Market analysts such as Cathie Wood, whose business, Ark Investment Management, is said to have the largest institutional investment in cryptocurrencies, have dismissed the recent drop in value of digital assets as a temporary setback, […] дальше »

2021-5-28 15:26