-Bitcoin news, price, information & analysis
Another week, another round of Crypto Tidbits. While the Bitcoin price actually stagnated over the past week, falling from $5,450 to $5,000, the underlying industry was as active as ever. Over the past seven days, Harvard formally invested in a crypto asset (not just an industry project), Bakkt...
If you visit just about any crypto news publication today, you will see at least one story detailing the recent news that the Chinese government is considering a blanket ban on Bitcoin mining. Perhaps testament to the world superpower’s repeated clampdowns on various aspects of digital currencies (exchanges...
China is home to the vast majority of cryptocurrency miners, as the country is privy to extremely low energy costs compared to the rest of the world. But as Bitcoin price finds new life, lawmakers in the country are considering banning crypto mining among 450 other activities that...
Bitcoin prices stable above $5,000 NDRC of China propose Bitcoin and cryptocurrency mining China’s National Development and Reform Commission (NDRC) of the opinion cryptocurrency and Bitcoin (BTC) rigs don’t adhere to relevant laws and regulators, pollute the environment and unsafe and therefore propose a ban. If that is...
According to Reuters, the National Development and Reform Commission (NDRC) of China has drafted a proposal that may ban Bitcoin mining. The NDRC is responsible for economic planning, which includes the administration of a list of industries for restriction or elimination. Consequently, details of the latest list propose...
A bitcoin mining ban in China will more like drive the asset’s price higher, according to Mati Greenspan. The UK-based financial analyst said the Chinese were mining bitcoins at a much cheaper rate than the rest of the world. It prompted more prominent mining corporations to set up...
On the day Bitcoin price surged over $1,000, it also took the Baidu trend by storm. China’s top internet search engine saw ‘bitcoin’ emerging on the hottest new keyword list. A pointer system on the platform awarded the keyword 9715 points. The trend that came closest to that of...
The Centre for Information and Industry Development in China (CCID) has updated its monthly crypto project rankings. Following the update the top three spots on the list of most promising public blockchain-based assets are compromised of the Ethereum network (ETH), Tron (TRX), and EOS, whilst Bitcoin (BTC) fell...
Much to the ire of cryptocurrency advocates, the general public tends to conflate blockchain – which is the tech underlying cryptocurrencies – and the digital assets themselves. Despite their strong connections, the two technologies are separate in many ways, and many analysts believe that as the general public...
Two very separate markets in crypto and stocks are trending in the same direction on Monday. The first market is of Asian equities led by China. The mainland Chinese stocks today jumped more than 3 percent, its best since early November 2018. The CSI 300 Index (SHA: 000300),...
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