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1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining
29.4.2020
The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt...
Chinese Court Declares Ethereum Legal Property With Economic Value
28.4.2020
A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender...
Bitcoin Halving Theories: Whale Says Price Rise Is a ‘Nonsensical Narrative,’ Weiss Ratings Expects ‘Massive Crypto Superboom’
28.4.2020
In less than two weeks, the Bitcoin block reward halving will take place and BTC miners will receive half the reward going forward after May 12. Since ‘Black Thursday’ (March 12), bitcoin prices have gained 103% since then rising from $3,800 to $7,750 per coin. With the halving fast...
Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
28.4.2020
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102.7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. About 80% of...
CoinEx Announces Global Strategic Partnership with Matrixport to Provide Over-the-counter Service
28.4.2020
Hong Kong, 27 April, 2020 – CoinEx, a global and professional cryptocurrency exchange service provider, is pleased to announce its new global strategic partnership with Matrixport, the one-stop digital asset financial service platform span off from Bitmain. This partnership allows...
Grayscale Buys 50% of All Ethereum Mined in 2020
28.4.2020
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...
Craig Wright Claims Satoshi Nakamoto ‘Never Used Bitcointalk’ to Communicate
27.4.2020
The mysterious Craig Wright, the man who claims to be Satoshi Nakamoto, was recently ordered to produce 11,000 documents and answers after Judge Beth Bloom overruled the defendant’s recent objections. However, the coronavirus outbreak has given Wright some leeway, as the Florida court system...
Economists Predict Great Depression II for US Economy: Fast or V-Shaped Recovery Unlikely
27.4.2020
Several economists have predicted where the U.S. economy is heading. One said it would take a miracle to keep the recession from turning into another Great Depression. Some believe that a fast or V-shaped recovery is unlikely. Meanwhile, Apple CEO Tim Cook reportedly told President Trump...
TNC IT Group’s Token to Be Listed This April
27.4.2020
TNC IT Group (TNC), an international blockchain company, will have its native currency TNC Coin listed on crypto exchanges by April 30. TNC Coin is set to progress fast in the market due to its expedited listing and user base. Since TNC revealed its merger project, interested crypto investors...
The Greatest Wealth Transfer: Economists Predict the Emergence of New Bitcoin Millionaires, BTC Capturing 3% of Gold Market
27.4.2020
The global economy has been feeling the hardships from the mandated lockdowns various nation states have implemented during the last month and a half. Oil prices have dropped below zero for the first time in history, and economic powerhouses like the U.S. are starting to show cracks in the system....
Metaverse Dualchain Network Architecture (DNA) Continues Global Expansion and Announces a Successful First Quarter in 2020
27.4.2020
April 27th, 2020, Toronto, Canada – The Metaverse DNA global team reported significant progress on the DNA (Dualchain Network Architecture) Blockchain initiative during the month of March, closing the first quarter of 2020 with great results. The DNA token is now listed on 14 crypto...
$8.8 Trillion Traded in Cryptocurrency Spot and Futures Markets in Q1: Reports
27.4.2020
The combined total trading volume in the cryptocurrency spot and futures markets amounted to approximately $8.8 trillion in the first quarter, according to two new industry reports. The amounts represent a massive 314% quarterly increase for futures trading and 104% for spot trading. Further,...
Purse.io Returns: Company Reveals Crypto Marketplace ‘Is Here to Stay’
27.4.2020
On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition. More than a week...
$2K per Month for Every American: Andrew Yang Begs Congress to Pass Basic Income
26.4.2020
While most of the U.S. remains on lockdown, a few states across the nation are starting to open up businesses and lift restrictions. Meanwhile, politicians on the left have been trying to push a universal basic income (UBI) package through Congress, in order to give Americans in need a monthly...
Bitcoin Car Finishes First in Virtual NASCAR Race Beating National Champion Kyle Busch
26.4.2020
A bitcoin-themed car has won an e-NASCAR race, beating professional Cup Series racers, including Dale Earnhardt Jr. and Kyle Busch. While sporting events have been postponed due to the coronavirus pandemic, many NASCAR drivers have moved to race virtually. Bitcoin Car Wins Virtual NASCAR Race With...
Bitcoin Mining Equipment Maker Ebang Files $100 Million IPO for US Stock Market Listing
26.4.2020
Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved. In a filing...
Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19
25.4.2020
The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why...
BHEX Rebranded as HBTC Exchange & Launch Innovative HBC 10x PE Repurchase Plan
25.4.2020
BHEX has rebranded as HBTC Exchange with a new domain of HBTC.com. According to the sharing from James Ju, the founder and CEO of HBTC Exchange. HBTC has come to a 2-year anniversary and did a 2-year glance, upgrade of HBTC Chain (previously known as Bluehelix Chain or BHEX Chain), and...
Malta’s ‘Blockchain Island’ Dream Deferred as 70% Entities Shun Licensing
25.4.2020
Malta’s futuristic design to be the “Blockchain Island” has suffered a setback as 70% of companies in the sector have not sought licensing. Six months after the deadline, only 26 companies have applied for licensing and none has been granted one. Malta initiated legislation...
Sergei Polunin Embraces the Future of Dance by Collaborating With Sensorium Galaxy in the Brave New World of 3d Social Virtual Reality
25.4.2020
Sensorium Galaxy Is Rapidly Expanding 24 April 2020, Los Angeles: Sensorium Galaxy, the leading global virtual reality media platform has struck up a partnership with the Sergei Polunin Charity Foundation for the galaxy’s new Planet of Motion. The Sergei Polunin Charity Foundation for the Support...