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China’s Online Marketplace Records Surge In Mining Machines Listing Following Ban

Chinese online second-hand market sees a surge in second-hand mining machines from Inner Mongolia and Sichuan. Marketplace Sees Surge In Bitcoin Mining Machines China’s largest online second-hand market place Xianyu has registered a surge in Bitcoin mining machines listing over the past few days especially from Inner Mongolia and Sichuan regions, the two most prolific […] дальше »

2021-5-29 14:27


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Decentralization Under Threat As Biden Administration Considers Implementing Bitcoin ‘Guardrails’

The Biden administration is reportedly exploring the possibility of installing guardrails on cryptocurrency following a number of meetings in which the crypto space was the subject. Bitcoin and other digital currencies are under intense scrutiny at the moment, with the market’s recent behavior garnering quite a lot of attention. The IRS has already moved to […] дальше »

2021-5-26 21:10


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Elon Musk Meets Major North American Bitcoin Miners to Address Energy Usage

Following his earlier criticisms of Bitcoin’s energy usage, Tesla CEO Elon Musk has met with bitcoin miners in North America to promote the use of renewable energy for BTC mining activities.  New Bitcoin Mining Council Formed After Meeting Tweeting on Monday (May 24, 2021), Musk revealed that bitcoin miners based in North America were committedRead More дальше »

2021-5-26 13:30


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Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China

Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations have also abandoned the country on Monday. Btc.top and Hashcow have suspended […] дальше »

2021-5-24 16:30


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Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot

Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians might be preparing for what could be considered an […] дальше »

2021-5-24 10:30


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Fed Begins to Taper QE- US Central Bank Removes $351 Billion in Liquidity via Reverse Repos

After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to be tapering back monetary easing policy via reverse repos (RRP). Following this week’s published minutes report from the Fed’s April monetary policy meeting, it seemed as though members of the central bank were prepared to discuss rolling back large-scale Treasury and […] дальше »

2021-5-23 23:00


Breaking: China Bans Crypto For the 100th Time; Hong Kong Proposal Seeks to Restrict Retail Traders From Exchanges

Cryptocurrency exchanges in Hong Kong are set to be prohibited from offering services to retail crypto traders following a new government proposal. Hong Kong Floats New Proposal On Licensing Crypto Firms The legislative proposal, which Hong Kong's Financial Services and Treasury Bureau (FSTB) floated, has now moved past its consultation period, Reuters report. дальше »

2021-5-22 19:42


4Chan Insider Predicted Bitcoin Crash, Claims It Was A Coordinated Attack

Investors are contemplating what next following the market correction, which saw Bitcoin drop as low as $29k. Many pin the events of yesterday on FUD, whether Elon FUD, China FUD, or OCC FUD. However, an “insider” on anonymous board 4Chan claims it was a coordinated attack by an unnamed firm connected to the Chinese government. […] дальше »

2021-5-20 15:00