Bookmarking Crypto Insights
The Series B funding round was led by China Renaissance, with participation from several crypto venture funds, including Tiger Brokers, Tiger Global Management, Arena Holdings, DCM Ventures and Gobi Partners. Go to Source Powered by WPeMatico
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tender. Paraguay Wants to Be Global Hub for Crypto Investors Following El Salvador passing a bill making … Read more
Major funds are probably interested in Bitcoin and altcoins, but four significant hurdles are preventing them from investing. Go to Source Powered by WPeMatico
The central banker previously referred to cryptocurrencies as a “giant garbage dumpster.” Go to Source Powered by WPeMatico
If Bitcoin price remains in the current range, ADA, THETA, XMR and AMP could bounce higher over the coming days. Go to Source Powered by WPeMatico
The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge. Bitcoin’s hashrate is now hovering just above 100 exahash per second … Read more
The Financial Action Task Force, a membership body of 37 jurisdictions and two regional organizations, has flagged Malta’s initial push to attract cryptocurrency business as “problematic.” Go to Source Powered by WPeMatico
The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely collapse the economy.” Steve Hanke Wants Countries to Adopt Currency … Read more
Regulatory bodies must evolve with the markets they regulate, and when it comes to the crypto market, it becomes especially important. Go to Source Powered by WPeMatico
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto asset could be bracing for a major sell-off. Meanwhile, others are sure the … Read more
