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Tag: Mining

Bitcoin Has Officially Entered Bear Market Territory: CryptoQuant CEO

Crypto Market Bears Wipe Out $13 Billion As Bitcoin Plummets Below $10,000
It’s no secret that we’re in the middle of an extremely turbulent and volatile period for the crypto markets. Major nations like China are imposing harsher restrictions on cryptocurrency trading and mining while eccentric billionaires lambast bitcoin for its carbon footprint. For Ki-Young Ju, the CEO of South Korean on-chain analytics firm CryptoQuant, we are […]

Miami Mayor Francis Suarez Opens His City to Chinese BTC Miners

Francis Suarez, the mayor of Miami, says he is now looking to open his city to all the Chinese bitcoin miners that are getting kicked out of their country. Francis Suarez Opens His City to Chinese BTC Miners China has recently stated that it will be banning all crypto mining operations. Beijing has given these...

The post Miami Mayor Francis Suarez Opens His City to Chinese BTC Miners appeared first on Live Bitcoin News.

Despite Risks with Centralization, It is Key to Crypto’s Growth – Unhashed #10

@musharrafMohammad MusharrafB2B copywriter || Fintech || Blockchain and Cryptocurrency. Get in touch for copywriting projects. One of the most amazing things about the...

NFTs Are Playthings of the Rich, not Democratizing Art

@adrien-bookAdrien BookStrategy Consultant | Tech writer at http://ThePourquoiPas.com | AI writer of the Year | http://my.bio/adrienbookPicture the following scenario : you go to...

Iran: Authorities Suspend Activities of Iran Blockchain Association

Gov’t Bans Iran Blockchain Association
Gov’t Bans Iran Blockchain AssociationThe Iranian government has suspended the Iran Blockchain Association (IBA) for reportedly violating laid down rules and operating contrary to its own articles of association. Iran Bans Blockchain Association  According to the Financial Tribune on Sunday (June 20, 2021), the suspension of IBA’s activities was carried out by Iran’s Ministry of Interior. The IBA which
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Exiting Crypto Mining Business In China Is Good For Bitcoin Hashrate Redistribution

Bearish Rumble Intensifies As China Moves To Crack Down On Bitcoin Mining and Trading Activities
Bitcoin has dropped 6.55% in the last 24 hours to trade at $33,068 and bringing the weekly low to 17.66% in an event directly related to the massive crackdown of bitcoin mining farms and trading in China. The crackdown started in late May, and immediately led to a 30% drop in the price of Bitcoin, […]

BTC On-Chain Data Signals Start of Bear Market, When Will BTC Reach $64k Again?

Bitcoin exchange inflow by whales has grown rapidly in last few days especially on 21st June, 2021 signally a possible start of bear market. Famous financial cycle expert Charles Nenner has predicted that Bitcoin price all time high of $64,000 is not going to be taken out for a long time. Bitcoin Exchange Inflow Spikes

The post BTC On-Chain Data Signals Start of Bear Market, When Will BTC Reach $64k Again? appeared first on Coingape.

Jim Cramer Fears China May Kill Bitcoin, Dumps Almost All Of His BTC Holdings

Jim Cramer Fears China May Kill Bitcoin, Dumps Almost All Of His BTC Holdings
CNBC’s James Cramer, also known as Jim Cramer, has fessed up to selling nearly all of his Bitcoin amid fears of China possibly killing the world’s largest cryptocurrency following the nation having intensified its attack. BTC dropped below $32,000 in price on Monday, on the back of China’s Global Times reporting more than 90 percent […]

MicroStrategy again buys $489 million Bitcoin

TL;DR Breakdown MicroStrategy again buys more BTC Firm now has over 1,000 Bitcoin Business intelligence and software firm MicroStrategy has shocked the world again after it announced on Monday that it had bought an additional 13,005 Bitcoins for around $489 million in cash. The recent purchase by the firm brings their total Bitcoin stash to […]

Bitcoin Fundamentals Roundup: IOMAP, hash rate growth and exchange balances are very much bearish

According to the In/Out of the Money Around Price (IOMAP) model, an on-chain bitcoin fundamentals indicator, 87.01 percent of Bitcoins will experience loss on paper if sold at the current market price.  This represents a danger zone for the bulls who have already dropped from $35,000 to $32,000 on the 24-hour chart, which is likely […]

This would be decisive for Bitcoin’s movement over the coming days

China's clampdown on cryptocurrency mining in the key province of Sichuan piled on further selling pressure on the global cryptocurrency market. Market leader Bitcoin suffered yet another pullback as

The post This would be decisive for Bitcoin's movement over the coming days appeared first on AMBCrypto.

Central Bank of China Urged Banks And Financial Institutions To Tighten Crypto Crackdown

The Central Bank of China released a statement in which the entity had asked banks and payment platforms to pressurise the crypto crackdown in the country.

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