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Stock sell-off tanks Bitcoin price, but traders expect a bounce near $42K
20.9.2021
Fear over the Evergrande situation weighed heavily on equities markets and Bitcoin price, leading traders to expect a bounce in the $42,000 to $38,000 zone
Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
20.9.2021
Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit...
Crypto Market Values Nosedive Amid Global Market Meltdown, Widening Default Risks
20.9.2021
Crypto markets have dropped a great deal in value over the last 24 hours as crypto assets across the board have lost anywhere between 7-15% in value during this time period. The overall market valuation of all 10,000+ crypto-assets in existence has slid just below the $2 trillion handle, losing...
Bitcoin extends slide below $43K as Binance's BTC stash grows to May-crash levels
20.9.2021
Bitcoin has been leaving Coinbase's wallets in 2021 while BTC exchange reserves on Binance tell a different story
Bitcoin & Crypto Drop Alongside Stocks On China's Evergrande Spillover Risks
20.9.2021
uld have. As China’s second-largest property developer, China Evergrande holds more than USD 300bn of debt, placing the company as “the world’s most indebted property developer,”
Here's why Bitcoin might be safe from a global stock market crisis
20.9.2021
BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not ‘collapse’ if there is a global stock market meltdown
Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear
19.9.2021
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown...
Bitcoin’s Hashpower Estimate Up, Transaction Fee Revenue Estimate Down
17.9.2021
oopener noreferrer" href="https://www.bitooda.io/public-files/091621%20BitOoda%20Hashrate%20Estimate%20Details.pdf">said in their latest report.This comes as the hashrate that had been lost following
Shanghai Man: China’s version of McJob meme, eCNY airdrops, Canaan’s record revenue
17.9.2021
China Goes After Camouflaged Crypto Miners Ahead of Winter Season
16.9.2021
y forces are now targeting those miners who claimed to be data researchers and storage facilities. Illegal mining activity has been discovered in colleges, research institutions, and data centers in several provinces. While some miners left the country since the beginning of the crackdow
BTC holds $48K as Evergrande forms 'Lehman Brothers moment' for China
16.9.2021
Comparisons to 2008 flow in as traditional finance receives a fresh blow from a firm "too big to fail."
China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal
16.9.2021
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of...
Hebei is the latest China province to wield the crypto crackdown hammer
14.9.2021
Authorities in the province say crypto mining is inimical to China's environmental conservation efforts
Finding a new home: Bitcoin miners settling down after China exodus
12.9.2021
Countries vie for cryptocurrency miner business as Chinese miners move to greener pastures. Here's where they are ending up
Many Major Airlines Can Now Accept Cryptocurrencies via UATP Global Payment Network
10.9.2021
Universal Air Travel Plan (UATP) is bringing more than 300 airline members and travel merchants cryptocurrency payment options. Airlines in the UATP network include Air Canada, Air China, Delta, Frontier, Japan Airlines, Jetblue, Qantas, Southwest, and United. UATP Gets Into Crypto UATP is...
Chinese Communist Party warn of NFT hype bubble
10.9.2021
The local news publication, acting as the party's spokesperson, warned of a major decrease in the value of NFT assets once its bubble pops
Shanghai Man: China declares victory over crypto — Is this the end of the crackdown?
10.9.2021
Hong Kong securities official proposes stricter oversight of crypto trading
7.9.2021
Investing in Bitcoin and other cryptocurrencies could become more restrictive for residents of Hong Kong as local regulators look to clamp down on the asset class for various reasons
China's New Gaming Restrictions Have Already Been Circumvented
7.9.2021
New regulations aimed at players under 18 went into effect in China starting September 1. These restrictions limit young players to one hour of gaming from Friday to Sunday and include public holidays. Inevitable workarounds have already appeared. Read more
Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining Possibilities
6.9.2021
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more...