Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan
Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will...
Year: 2021
Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’
Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken...
Historically accurate Bitcoin metric suggests BTC price has bottomed out
Bitcoin bulls may get some respite from a derivatives market indicator that hints at a price bottom. As the price...
Gold hits four-month high following crypto crash
Spot gold last week hit its highest price level since Jan. 8 after dipping to as low as $1,680 in...
Amid rising stablecoin inflow, cautious traders fear a dead cat bounce
Strong hands accumulated Bitcoin throughout last week’s historic correction but BTC’s inability to reclaim the $40,000 level has some traders...
Fed’s Daily Tapering Increases by 23%- Tuesday’s Reverse Repo Removes $432 Billion from Market
Since well before the onset of Covid-19, the U.S. Federal Reserve had initiated monetary easing policies and from then on,...
Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on...
Korea’s crypto market is among the strongest — and the strangest — in the world
Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and...
Bitcoin price must now hold this key level to regain $40K
Will $37,000 hold for more upside in the near term for Bitcoin? Bitcoin (BTC) prices pulled back on May 25,...
Can blockchain ever be part of the solution for tackling climate change?
Because of Bitcoin, blockchain’s impact on the climate has come into sharp focus. But can this technology actually be part...
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the...
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining...
Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported...
What Should You Buy in the Crypto Rout when Ray Dalio is Long? BTC, HT, AVAX, May. 24
BTC BTC Price Index Bitcoin slumped to fresh lows on the week as regulatory fears and clampdown in China saw...
Comparing the True Costs of Gold Mining in Africa With Those of Bitcoin Mining
When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price...
