2018-11-8 16:00 |
Two principals at a Chinese school got in hot water after installing ethereum miners at the institution, according to a report. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Two principals at a Chinese school have been caught using their employer’s electricity to mine Ethereum, according to local news outlet HK01. The report details how employees at Puman Middle School in Hunan province had been witnessing excessive noise from computers over the last few months – day and night, even during the holidays.
2018-11-8 18:23 | |
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Due to its decentralized nature and verification properties, blockchain technology provides a legitimate space for data management. One Chinese university is looking to move over to the distributed ledger for just that use.
2018-10-8 23:25 | |
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The Shenzhen Graduate School at the Peking University, a major Chinese academic institution, is now proposing to use the blockchain technology as a more efficient way to manage web domain names that we currently use.
2018-10-6 23:41 | |
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A patent application by the Shenzhen Graduate School outlines a blockchain platform for managing top-level web domains.
2018-10-6 18:15 | |
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The cryptocurrency market has been stagnant over the past 24 hours, with Bitcoin trading between the $62,000 and $63,000 regions during that period. Ethereum (ETH), the second-largest cryptocurrency by market cap, is up by less than 1% and continues to trade below $1,700, as per data from various crypto trading platforms, Despite the positive fundamental news, technical indicators suggest that the bears remain in control of the market.
Ethereum has bounced from oversold conditions, but key moving averages continue to cap upside progress.
U.S. spot Bitcoin ETFs saw $326 million in net outflows on June 5, with Ethereum ETFs losing nearly $6 million, signaling cautious institutional positioning.
Bitcoin’s open interest dropped roughly 25% to $23.2B, its lowest since early April, while Ethereum’s fell 13% to $9.8B, levels last seen in March.
Ethereum has been underperforming since the start of the week, losing 17% of its value over the last seven days. The decline comes amid a massive selloff in the broader cryptocurrency market. Ethereum has lost the $1,700 level, with the bears now targeting the $1,500 psychological level in the near term.
Bitcoin and Ether options worth $1.89B expire as BTC trades near $60K, with hedging demand rising after Middle East ceasefire hopes.
Ethereum (ETH) slipped below $1,800 on Thursday, marking its first drop to this level since February 2026. The bearish performance comes amid accelerating spot selling and increased distribution from long-term holders.