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This Chinese Move Could Help Local Miners After Bitcoin Halving


A Chinese municipality has formally requested Beijing’s permission to allow it to offer surplus electricity to the region’s “blockchain industry” – believed to be code for bitcoin (BTC) miners. The move could have potential knock-on effects for the wider crypto community, and could see potentially...

7 Crucial Bitcoin Halving Day Facts to Understand


One of the most popular crypto-centric questions today is about Bitcoin (BTC) halving. While Bitcoin has also hit the news over the recent surge in market value, there’s a lot of debate on what Bitcoin reward halving means for the cryptocurrency industry.  The big Bitcoin reward halving day will...

Bitcoin And Altcoins Continue To Probe Key Hurdles


In the past few sessions, bitcoin price struggled to surpass the USD 7,850 and USD 8,000 resistance levels. BTC/USD is currently (08:00 UTC) consolidating above USD 7,650 and likely preparing for the next key break. It could either rally above USD 7,850 or start a substantial decline towards...

Grayscale Buys 50% of All Ethereum Mined in 2020


Digital asset manager Grayscale Investments bought about 50% of all newly mined ethereum so far this year. It now holds the equivalent of 1.1% of ETH in circulation, according to a post on Reddit. Grayscale operates 10 cryptocurrency investment products focused on institutional investors. As...

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