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Bitmain Reportedly Will Sack More Than Half of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »

2018-12-29 21:20


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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »

2018-12-27 21:20


Crypto Exchange Market Manipulation To Be Addressed Before Bitcoin ETF Sees Approval: SEC Chairman

At the recent CoinDesk Consensus: Invest conference, Jay Clayton had the opportunity to speak about cryptocurrency ETF approval. Clayton, a chairman of the US Securities and Exchange Commission (SEC), noted that there are some things that need to change in the cryptocurrency industry before this approval happens. The main cause for concern seem to be […] дальше »

2018-11-28 10:35


CoinMarketCap Reveals Bitfinex Exchange’s Tether Stablecoin Trading Data (USDT/USD)

Bitfinex Is Accused Of Publishing Data For A Tether Market That Does Not Exist A recent development involving the popular but controversial stablecoin Tether has caught our attention today. A post from Coindesk accuses Bitfinex, which has the same CEO of Tether and is the main link of the company in the crypto market, of […] дальше »

2018-10-24 04:00


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Bitmain Monopoly is Showing Cracks, According to Analysts

The top cryptocurrency mining company might be losing its edge as demand for its products is under pressure and competition grows stronger, according to analysts. “The Competitiveness of Bitmain’s Chips is in Question” A recent report of analysts led by Mark Li at Bernstein holds that the Beijing-based mining company, which was co-founded by the 32-year-old Jihan Wu, might have to write down the actual value of its inventory. дальше »

2018-8-23 16:00


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4 Signs That Bitcoin is Bottoming, According to Brian Kelly

Everyone still wants to know whether or not Bitcoin has bottomed, and cryptocurrency trader Brian Kelly believes that process is underway — citing four main reasons.   Price Action and Mining Costs Brian Kelly appeared on CNBC’s “Fast Money” to share his opinions on the first and foremost cryptocurrency’s current price action, while also explaining that there are good reasons to believe that Bitcoin is finding its bottom — the first being it’s most recent price action. дальше »

2018-6-26 18:00


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