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China Outlined Plans for Development of Shenzhen Special Economic Zone, Which Includes Promotion of Digital Currency
19.8.2019
The Central Committee of the Communist Party of China on 18th August laid out the strategies for the future improvement of the Shenzhen Special Economic Zone, which includes the research and development of digital assets and the national cryptocurrency dependent on the renminbi. Especially,...
deVerge CEO Lauds HM Revenue & Customs Authority’s Move To Gather Crypto Trading Records
15.8.2019
The crypto industry and regulators have a bittersweet affair across the globe, a tussle that seems to be going nowhere yet. However, things have been moving either way in many regions, including the United Kingdom. Recently, HM Revenue and Customs (HMRC) department sent letters to a few crypto...
Bitcoin is Declared as Legal Virtual Property by Chinese Court
19.7.2019
Bitcoin (BTC) has now been declared as a legally recognized virtual property by a Chinese court. As per the Hangzhou Internet Court ruling, Bitcoin has the characteristics to be regarded as a virtual property and thus owning Bitcoin will be legal in China. The court also said that the digital...
Bitcoin and Pot Stocks: The Two Most Profitable Assets of 2019
18.7.2019
Marijuana is the dried flower of the naturally occurring cannabis plant, that’s existed on the planet for thousands of years and has been widely used through history by various cultures. The first-ever recorded use of the plant for medical reasons dates back to 2,737 BC in China when Emperor Shen...
Bitmain Launches Low-Cost Special Edition Antminer S9
18.6.2019
On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original...
74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report
7.6.2019
There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares...
Delphi Digital’s Latest Report On Bitcoin Says that “Bitcoin is the King of the Asset class Hill”
4.6.2019
The firm also revealed that Bitcoin’s value escalated more than 60% in May, which is the most elevated month to month return in over a year and a half, which indicates the world’s most well-known cryptocurrency has outperformed practically any global resource in 2019. In a recent tweet...
Bitcoin Popularity Is On A Steady Rise In China, Trending On Baidu Search Engine, Says Alex Krüger
4.6.2019
China has been a barren land for Bitcoin as the authorities have been against it. The apex cryptocurrency has suffered several restrictions in the world’s second-largest economy, which has kept crypto trade at bay. However, several reports have emerged in the recent past, which suggest that despite...
China’s BTC Ban Doubles-Down with WeChat Terminating Accounts Dealing with Crypto Trading
16.5.2019
China’s ban on BTC is not new. The country has been doing so over the past two years now since the infamous incident of local ICO (initial coin offerings) and crypto exchange happened. Since then, the citizens of the country are allowed to hold the crypto but are restricted from trading it. This...
Beijing Summit: What if They Had a Bitcoin Ban and No One Cared?
11.5.2014
By attendance alone, Beijing's first major bitcoin conference is a raging success despite fears of increasing regulatory pressure