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Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
26.5.2021
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules...
Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH
26.5.2021
Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum
Analyst Expects Bitcoin to ‘Grind Down’ to $15K, With a ‘Periodic Dead Cat Bounce’ Along the Way
26.5.2021
An analyst from the biotech consulting group Biotechvalley Insights believes after bitcoin lost 53% from the crypto asset’s all-time high, “the party is clearly over.” The biotech consulting group analyst thinks crypto investors will witness a slow “grind down the slope...
Bitcoin price volatility hits 2021 high as one analyst paints $15,000 target
26.5.2021
Wild price fluctuations are likely in the top two cryptocurrencies as both record a dramatic spike in their 30-day realized volatility charts
Bitcoin blasts past $40K again, Ethereum nears $3K: Is a bigger crypto rally looming?
26.5.2021
Bitcoin has surged past $40,000 and the cryptocurrency market is rapidly recovering, with $42,000 remaining as a key sell
Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan
26.5.2021
Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed...
Ether sails past BTC’s daily volume as Grayscale ETH Trust trades at 11% premium
26.5.2021
Roughly $60 billion worth of ETH changed hands over the past 24 hours while BTC saw $50 billion in trade
Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs
25.5.2021
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses...
Fund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF
25.5.2021
On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U.S. Securities and Exchange Commission (SEC). According to the Form S-1 filed, One River wants to list a carbon-neutral bitcoin ETF on the New York Stock Exchange (NYSE)....
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
25.5.2021
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door...
Bitcoin price must now hold this key level to regain $40K
25.5.2021
Will $37,000 hold for more upside in the near term for Bitcoin?
Bitcoin Games Launches Live Casino Tournament, One Player to Win $5,000 in BTC
25.5.2021
$5,000 top prize for a single player to claim in ‘Winner Takes it All’ live casino tournament! One Week. One Prize. One Winner. Our very own premium crypto casino, Bitcoin Games, will be hosting a week-long Live Casino tournament where one lucky player will be left feeling like royalty...
Historically accurate Bitcoin metric suggests BTC price has bottomed out
25.5.2021
Bitcoin bulls may get some respite from a derivatives market indicator that hints at a price bottom
Bitcoin Mining Council: Promotion, Cabal, Attack on BTC, or Pointless?
25.5.2021
The decision was reached in the meeting between Bitcoin (BTC) miners, the chiefs of a few investment and tech companies, and some billionaires to form the Bitcoin Mining Council. And while some think of this as a good idea and a way to promote Bitcoin, others very much oppose it, calling it...
Bitcoin not on the agenda for HSBC says bank's CEO
25.5.2021
HSBC will not be joining the growing list of major banks offering Bitcoin and crypto investment products to customers and clients
Crypto-exposed stocks slide as BTC-bolstered treasuries shed value
25.5.2021
Many stocks of publicly traded firms that are exposed to Bitcoin have suffered significant drawdowns this month
$8.6B IT firm Globant revealed as Bitcoin’s latest institutional buyer
25.5.2021
The technology solutions firm revealed it purchased $500,000 worth of BTC during the first quarter of 2021
Bitcoin bounces after weeklong ‘capitulation event’ results in $14.2B in losses
24.5.2021
Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week's "historic deleveraging event."
Price analysis 5/24: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, UNI, LTC
24.5.2021
The current relief rally in Bitcoin and altcoins could be a sign that the market is reaching a bottoming phase
Goldman Sachs: Bitcoin Is Now Considered an Investable Asset, Clients Are Treating BTC as New Asset Class
24.5.2021
Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergence of a new asset class,” said Goldman Sachs’ analyst....