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Bitcoin (BTC) Records Fourth Consecutive Mining Difficulty Decline

Bitcoin (BTC) has become increasingly easier to mine for the fourth straight difficulty epoch as the network continues to feel the effect of the sweeping crypto mining ban in China. Meanwhile, the hash rate is expected to migrate to the Western hemisphere with mining establishments keen to upscale their operations to cover the temporary voidRead More дальше »

2021-7-20 04:00


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Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging

Despite the crypto ban in Nigeria, the country has recorded massive growth in its peer-to-peer bitcoin trade volumes in recent times.   Available data has revealed that in the month of June, citizens of the country traded around $38 million worth of digital assets —the second time the country has recorded volume above $35 million. дальше »

2021-7-13 10:03


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Why China’s Renewed Bitcoin Crackdown Isn’t Telling On Many Significant Levels

Even as Bitcoin attempts to gain a footing in the now downsized market owing to massive dumping witnessed in May following China’s ban on crypto-related activities, the PBOC seems not to be backing down on its move against Bitcoin miners and traders but instead, seems to have intensified its crackdown. On July 6, the Beijing […] дальше »

2021-7-9 22:32


Barclays UK Customers Can No Longer Transfer Funds To Binance

Barclays clients in the UK can no longer transfer funds to Binance after the bank indefinitely banned credit and debit card transactions to the exchange, according to recent reports. The apparent ban comes roughly two weeks after the UK’s Financial Conduct Authority (FCA) stated that Binance Markets Limited, the firm’s UK operations, was not holding […] дальше »

2021-7-6 02:34


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Bitcoin-Bashing U.S. Rep Sherman Calls For Outright Ban On Cryptocurrencies

United States Congressman Brad Sherman (D-CA) has urged his colleagues to consider completely shutting down cryptocurrencies, arguing that they are “highly volatile”.  Sherman: Crypto Facilitates Tax Evasion A congressional hearing hosted by the House Financial Services Oversight Subcommittee on June 30 performed an overview of the budding crypto ecosystem. Sherman observed that it would make […] дальше »

2021-7-1 21:22


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Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year

Indian households are known for their affinity for gold but 2020 brought in a notable shift in investment allocation. While Indians own more than 25,000 tons of gold, investments in cryptocurrencies soared from about $200 million to almost $40 billion in the past year despite a proposed trading ban and outright hostility toward the asset […] The post Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year appeared first on Invezz. дальше »

2021-6-28 16:25


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Indians Invested Over $200 Billion in Crypto Assets Over the Past Year

Indians continue to remain unfazed by the repeated threats of a blanket ban on crypto-assets. Indians Pour Billions Into Crypto Typically a country with a huge fascination toward gold, India is slowly but steadily starting to drip its feet in the volatile crypto waters as according to a report by Yahoo! Finance, investments in cryptoRead More дальше »

2021-6-28 13:00


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Indians Invested Over $40 Billion in Crypto Assets Over the Past Year

Indians continue to remain unfazed by the repeated threats of a blanket ban on crypto-assets. Indians Pour Billions Into Crypto Typically a country with a huge fascination toward gold, India is slowly but steadily starting to drip its feet in the volatile crypto waters as according to a report by Yahoo! Finance, investments in cryptoRead More дальше »

2021-6-28 13:00


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Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’

In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on the country’s finance chiefs to prepare for cryptocurrencies. BOT Move […] дальше »

2021-6-28 09:00


Tanzania’s Central Bank says It’s Working on President’s Directive to Prepare for Bitcoin Adoption

The central bank of Tanzania said it is working on President Samia Suluhu’s directive to prepare for cryptocurrencies, which could reverse the ban put on digital assets in 2019. The new president came to power in March after the death of her predecessor John Magufuli and is much more open to foreign investment than him. дальше »

2021-6-27 16:58


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Tanzania’s Central Bank Working on Reversing Crypto Ban, Following President’s Directive

The Bank of Tanzania said that it is planning on reversing its previous ban placed on cryptocurrency after the Tanzanian President asked the country to prepare for the adoption of crypto.  Bank of Tanzania Looks to Lift Crypto Ban According to Reuters on Friday (June 25, 2021), Tanzania’s central bank is working on the directiveRead More дальше »

2021-6-26 15:00