China’s Bitcoin hash power fell before the crackdown: Cambridge data
Cambridge research shows that China’s Bitcoin mining power fell by 40% before the crackdown, while the United States’ hash power has quadrupled. Go to Source Powered by WPeMatico
DIGIT
‘It’s fine’ to buy Bitcoin as gold substitute, says Trump ex-Treasury Secretary Mnuchin
What seems to be a full reversal on a previously hostile Bitcoin stance is tempered by Mnuchin, who added that he still wouldn’t be buying BTC himself. Go to Source Powered by WPeMatico
Bitcoin network node count sets new all-time high
Bitcoin’s node count has achieved another all-time high milestone with almost half of the nodes running on Tor. Go to Source Powered by WPeMatico
Italian finance regulator issues warning on Binance crypto exchange
Italian Companies and Exchange Commission has warned that Binance is not authorized to facilitate crypto investment services in the country. Go to Source Powered by WPeMatico
Softbank leads $800M investment for banking app Revolut
Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm’s CFO suggested that it was unlikely. Go to Source Powered by WPeMatico
Bitcoin may have played a role in Tesla’s decorrelation from Big Tech
The 20-day correlation between Tesla stocks and the Nasdaq 100 index has sharply dropped from 0.83 in mid-June to 0.14 as of this week. Go to Source Powered by WPeMatico
Indian high court seeks ad disclaimers from crypto exchanges
India’s Delhi High Court is looking to put a clear voiceover and a disclaimer covering 80% of the screen on crypto ads on national TV. Go to Source Powered by WPeMatico
Digital Euro Project Gets Going as ECB Launches Investigation Phase
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at a “negligible” cost to the environment, in comparison with bitcoin. Eurosystem Initiates Digital Euro Project The … Read more
New data hints why Bitcoin price action has spent two months at $30K
Multiple factors demonstrate why $30K is so important for for BTC/USD within an ongoing price “supercycle.” Go to Source Powered by WPeMatico
Bondly Finance urges users to stop trading following alleged exploit
The DeFi platform’s native token price dropped more than 60% following a compromise by an unknown party. Go to Source Powered by WPeMatico
