Bookmarking Crypto Insights
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After a week of both negative crypto news, such as the Google crypto ban, and several wins for adoption, the top ten coins are market cap are still falling in price. #NEWS Go to Source Powered by WPeMatico
China: gov’t-affiliated investment association will develop Blockchain innovation, according to a leaked document #NEWS Go to Source Powered by WPeMatico
A new Fundstrat report points out that the current market slump is making BTC mining temporarily unprofitable, as low BTC prices come close to mining costs. #NEWS Go to Source Powered by WPeMatico
China’s IT Ministry has formed a committee to develop national Blockchain standards. #NEWS Go to Source Powered by WPeMatico
It would be an unusual week in bitcoin where there weren’t glum tidings to report, be it an exchange hack, regulatory clampdown, or edict from the east. It just so happens that this week witnessed all three – and on the same day, no less. You could call it bad luck, or you could call … Read more
This week the People’s Bank of China (PBOC) governor, Zhou Xiaochuan, spoke about both public and privately issued cryptocurrencies. Zhou details that the central bank dislikes “speculative cryptocurrency products” and the bank does not officially recognize digital currencies like bitcoin. Further Zhou explains the bank is monitoring projects like bitcoin and initial coin offerings (ICO), … Read more
Leading manufacturer of crypto mining equipment Bitmain has opened a service center in Russia. Miners in the country will be able to repair their ASIC rigs locally, saving both time and money. Previously, they had to send faulty equipment back to China, dealing with customs formalities and paying costly shipping. Also read: Ant Creek: … Read more
Chinese mining hardware giant Bitmain is reputedly developing facilities in the United States. #NEWS Go to Source Powered by WPeMatico
Despite not recognizing Bitcoin for payments, PBoC governor Zhou Xiaochuan said digital currency will “inevitably” grow. #NEWS Go to Source Powered by WPeMatico
Despite all the talk of increased regulation and looming lawsuits, ICOs seem immune. Many new tokens are struggling to trade above their ICO price on exchanges in the current bear market, but crowdsale allocations are still selling out. In February, ICOs raised $1 billion for the third month in a row. They’ll be sternly scrutinized … Read more
