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As Bitcoin Looks To Crack New All-Time High, Market Pundits Tell Us What’s Coming For The ‘King Coin’ In Q4

Bitcoin has always performed well historically during Q4 and that trend is bound to repeat this year according to Matt Senter, the CTO of bitcoin shopping app Lolli. After a short-lived sell-off last week, the cryptocurrency has bounced back strongly this week, gaining by a massive 15% so far since Monday. “Historically, we’ve seen Bitcoin […] дальше »

2021-10-9 17:56


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Watch Police Crush 1,069 Bitcoin Mining Rigs With a Huge Steamroller

1,069 Mining Rigs Crushed Law enforcement officials in Malaysia seized 1,069 bitcoin mining rigs before crushing them all with a big steamroller last week.  The seizure was a part of a joint operation between police officers in the city of Miri and Sarawak Energy, an electric utility company in Malaysia, to crack down on crypto […] дальше »

2021-9-8 21:29


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Three More Chinese Provinces Join National Clampdown on Crypto Mining Activities

The current crackdown on mining activities in China appears to be gaining steam.  Three provinces Henan, Gansu, and Anhui, have joined the nationwide crackdown on crypto farms.  Henan, Gansu, and Anhui to Crack Down on Mining Activities Local news outlets have reported different reports on the crackdown on crypto mining activities within the country. HeifiRead More дальше »

2021-7-15 23:00


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Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market

Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining in the country and it’s since been reported that more than 90 percent of the PRC’s mining capacity has been shut down as lots of […] дальше »

2021-6-23 12:54


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Jack Dorsey Not Having It With Sen. Elizabeth Warren’s Negative Comment On Bitcoin

The debate on Bitcoin’s mining energy consumption doesn’t seem to be ending any time soon. Elizabeth Warren, the Massachusetts US senator has joined the conversation, saying that one of the easiest and least disruptive things “we can do” to fight the Climate Crisis is to crack down on “environmentally wasteful” decentralized cryptocurrencies like Bitcoin. She says cryptocurrencies […] дальше »

2021-6-13 00:31


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Chinese Officials Are Investigating Crypto Mining Operations

Regulators in China’s Sichuan province are gathering information on cryptocurrency mining, potentially leading to a full crackdown on the practice, Reuters reports. The news comes after the Chinese government announced it will  “crack down on bitcoin mining and trading behavior, and resolutely prevent the transfer of individual risks to the society” according to a statement. дальше »

2021-6-8 22:56


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China Announces Huge Crackdown on Cryptocurrency Mining

According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies. дальше »

2021-6-8 17:44


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MicroStrategy’s Saylor On Why China Banning Bitcoin Mining Completely Could Ignite The Most Bullish Cycle

The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […] дальше »

2021-5-22 18:06


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Bearish Rumble Intensifies As China Moves To Crack Down On Bitcoin Mining and Trading Activities

China appears to be ready to go to war with Bitcoin and other cryptocurrencies just about a month removed from changing its stance on digital assets. Earlier this week, it was reported that the country had banned financial institutions from conducting any crypto transactions but subsequent claims pointed out that the powers that be are […] дальше »

2021-5-22 20:25


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US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS

The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […] дальше »

2021-5-20 20:32