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2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News. дальше »

2020-7-24 03:00


Crypto Trading Insights: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) Price Analysis For January

Even as the rest of the world labored through the first month of the new decade enshrouded beneath louring apocalyptic clouds – a world war seemed briefly imminent, half of Australia turned to ashes, flash floods ravaged East Africa and the most virulent virus since the Spanish flu broke out – Bitcoin marched on impregnably […] дальше »

2020-2-7 01:06


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LocalBitcoins Shuts Down Accounts in Problematic Countries

LocalBitcoins, one of the oldest cryptocurrency exchanges out there, has reportedly begun to suspend accounts of long-term users without prior notifications. Some Users Cannot Access Bitcoin Funds Forbes reported on Saturday that users across at least three regions, including Asia, Africa, and the Middle East, had noted their accounts to be “deactivated. дальше »

2020-1-28 03:00


Bitcoin Poised for a Run at $8k Says Trader but Extreme Low Volume Not a Positive Trend

Four days into 2020 and Bitcoin saw a surge of 8% where it went from $6,850 to above $7,400. As we reported, Bitcoin spiked in value just like gold which was because of the geopolitical tensions in the Middle East after the US airstrike killed Iranian general Qaseem Soleimani that pushed the demand for safe-haven […] дальше »

2020-1-4 18:38


Chinese dragon tames the American eagle as Bitcoin adopts an Act East policy

All signs point eastward, as BTC moves sideways. In the past week, two key decisions have rocked the global markets, while also contributing to ripple effects beyond their domestic markets. The United States and China, at loggerheads for several months over growing trade tensions, took macro-economic decisions not seen for a decade and from the […] The post Chinese dragon tames the American eagle as Bitcoin adopts an Act East policy appeared first on AMBCrypto. дальше »

2019-8-7 15:30


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New Blockchain Consortium in Middle East Will Improve KYC Efforts Among Banks

The Middle East and South Asia (MEASA) region has formed its first blockchain consortium to bring better efficiency to KYC and data sharing practices between institutions. The Dubai International Finance Centre (DIFC) along with Mashreq Bank has partnered with Norbloc for the solution, as reported by Emirates News Agency, July 31, 2019. дальше »

2019-8-1 12:30


Iran Punks Trump With Historic Gold-Backed Crypto Scheme

Days after President Trump slammed bitcoin and the very idea of crypto, geopolitical foe Iran revealed that it is ready to unveil its own gold-backed cryptocurrency. Gold held in reserve by the Middle East country’s central bank will back the value of tokens on the blockchain of Iran’s new central bank “cryptocurrency” – which might […] The post Iran Punks Trump With Historic Gold-Backed Crypto Scheme appeared first on CCN Markets дальше »

2019-7-15 21:30


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Dubai Turns to Blockchain Technology for Environmental Conservation 

The Dubai Electricity and Water Authority (DEWA) has trained the fourth batch of participants of the Carbon Ambassadors Programme on distributed ledger technology (DLT) and other new technologies. The initiative is aimed at equipping participants with the critical skills needed to utilize blockchain technology in environmental conservation programs and more, reports Middle East Utilities onRead MoreRead More. дальше »

2019-7-9 19:00


Bitcoin premium surges in Asian market vis-a-vis its USD-spot market equivalent

Bitcoin’s popularity seems to be on the rise despite the cryptocurrency’s sluggish performance in June with the East Asian market emerging as favorites. With the market for cryptocurrencies spread across western countries and its base in South Asia, with a few hotbeds spread across the globe, the dominance is fairly diverse with the Asian dragon […] The post Bitcoin premium surges in Asian market vis-a-vis its USD-spot market equivalent appeared first on AMBCrypto. дальше »

2019-6-17 18:30


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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »

2019-5-29 18:53