Iran Ditches Rial in Hyperinflation Crisis — Bitcoin Demand Rises
Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging. Go to Source Powered by WPeMatico
Binance’s Mining Pool Could Disrupt the Entire Mining Industry
Binance’s entrance to the Bitcoin mining industry could create a great disparity for the Bitcoin community. Go to Source Powered by WPeMatico
3 Reasons for the Bitcoin Price ‘Halving Dump’ From $10K to $8.1K
The bitcoin price dropped from $10,000 to $8,100, liquidating $200 million worth of shorts. Here are three factors that triggered the fall. Go to Source Powered by WPeMatico
OTC Exchanges Help Thwart $5M Bank Heist in Brazil
A $5 million hack that has baffled investigators in Brazil was thwarted with assistance from local OTC trading desks. Go to Source Powered by WPeMatico
Europe’s Top Miners Share Local Industry Insights
A study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs. Go to Source Powered by WPeMatico
15% Correction Drops Bitcoin Price to $8,100 Days Before BTC Halving
Bitcoin price drops by 15.30% just 2 days before the block reward halving. Go to Source Powered by WPeMatico
$3B Trading Platform Rebranded Amid High Profile Acquisition
Digital asset manager CoinShares has nearly completed acquisition of a trading shop that generated $1.5 billion in volume this past quarter. Go to Source Powered by WPeMatico
Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status. However, the prospectus sent to SEC shows that while Ebang … Read more
US Mining Firm Plans to Nearly Double Hash Rate After Halving
Riot Blockchain has announced the purchase of an additional equipment for its post-halving operations. Go to Source Powered by WPeMatico
