Iran is giving $24 to anyone who dobs in illegal crypto miners
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
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The CEO of state-owned Russian bank Sberbank has officially confirmed the institution’s decision to not develop crypto-related services, local financial publication Banki.ru reports on June 7.Herman Gref, Sberbank CEO and a former minister of economics and trade of Russia, claimed that the bank has never had any ambitious plans in the crypto space. Instead, the…
Skirting the Great Wall: The Chequered Saga of Crypto in China, 2013-2017
Take a quick look at CnLedger, a Twitter-based Chinese crypto news information source, and a tweet pinned at the top of its profile might come as something of a surprise:Next time people tell you bitcoin is banned in China, show him this pic. pic.twitter.com/MC3Q2yzBcx— cnLedger (@cnLedger) February 8, 2018On Sept. 30 2018, China’s oldest tech…
$83K Bitcoin price in the cards after data shows BTC whales bought the dip
As Bitcoin (BTC) tested the $43,000 support for the third consecutive day, whales bought the dip on derivatives exchanges. While there has been no significant price change, the Bitcoin futures premium reached its lowest level in six months. This indicator matches Dec. 11, 2020, when Bitcoin hit a $17,600 low just 10 days after making…
How Zero Interest Rates in the US Will Impact Stablecoin Adoption
We are living through interesting times. At the time of writing, roughly half of the world’s population is on lockdown, with 90 countries in various forms of confinement and the pandemic crashing global stock markets.Although we’ve seen some relief in certain parts of the world, the pandemic is far from over, and there is a…
Limit order protocols offer more flexibility and efficiency to DEX traders
As decentralized exchanges (DEXs) evolve, their functionalities become more and more advanced, often matching those of centralized exchanges (CEXs). One such functionality is the ability to place limit orders, which offers more flexibility and efficiency to DEX traders. This article looks at the existing limit order features and their prospective implementations. Unlike a market order, which…
Governing body of Louisiana gives Bitcoin its nod of approval
Louisiana recently gave a shout out to Bitcoin’s success in a new resolution. 3758 Total views 22 Total shares Bitcoin has gained increasing levels of adoption over the past several months amid its rise past $60,000. Louisiana’s state government recently released a resolution in which it noted some of Bitcoin’s (BTC) accomplishments.“THEREFORE, BE IT RESOLVED…
3 reasons why Ethereum is unlikely to flip Bitcoin any time soon
After a 13% rise in two days, Bitcoin's (BTC) market capitalization surpassed $800 billion to reach its highest value in 79 days. During the same timeframe, Ether (ETH) accumulated a 45% gain in two weeks, placing the network's market capitalization at $340 billion. Positive expectations for the London hard fork and its potential deflationary effect undoubtedly…
ETF filings changed the Bitcoin narrative overnight — Ledger CEO
Over the past 12 months, some investors learned the hard way why they needed to move their crypto offline. Those who kept Bitcoin (BTC) and altcoins on crypto exchanges like FTX lost control of their assets, sometimes forever. Events drew a red line under the storied crypto adage: “Not your keys, not your coins.” FTX’s loss