Russia plans to restrict crypto mining in 13 regions to save electricity
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.
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Chinese Edition of Book ‘Mastering Bitcoin’ Appears on State TV With ‘Sanitized Title’
The notably edited title of Andreas Antonopoulos’ classic book “Mastering Bitcoin” was aired in an ad for the book on China’s state-run TV channel China Central Television (CCTV) Oct. 19.A renowned primer on the foundations of the crypto revolution, “Mastering Bitcoin” was first published in 2015, and re-released in a 2nd edition in 2017.In the…

Bitcoin is ‘non-sensical’ asset that still makes sense, says UK investment manager
His firm added exposure to Bitcoin before the winter surge. 2381 Total views 9 Total shares The chairman of a British investment firm says Bitcoin (BTC) is a seemingly “non-sensical” asset — but one that still makes sense after the coin’s winter price movement proved profitable. His firm, Ruffer Investment company, converted a portion of its…

MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto
The company's holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains since its initial purchase in August 2020. 1511 Total views 30 Total shares Business intelligence firm MicroStrategy has added $94 million worth of Bitcoin (BTC) to its holdings after purchasing the crypto asset at an average price of $49,229.According to…

Big tech, not cryptocurrency, is the real threat to central banks’ autonomy, Danish central bank governor says
Though Danmarks Nationalbank's governor seems tempted to ignore cryptocurrencies, other banks in the country continue to launch new services based on crypto. 741 Total views 1 Total shares Crypto trading volumes continue to increase, but several countries’ central banks are keen to ignore it, with Denmark being the latest to join the “crypto is negligible”…

BUSD deposits and withdrawals via OCBS suspended on Binance.US
Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits. Own this piece of history Collect this article as an NFTAmid the ongoing uncertainty around the global banking turmoil, Binance’s United States-based arm Binance.US is halting some services.According to Binance.US status dashboard, the U.S.…

BTC price knocks on $28.5K as trader says Bitcoin ‘reeks of disbelief’
Bitcoin (BTC) aimed for $28,500 at the Oct. 2 Wall Street open as a bullish start to the month continued.BTC/USD 1-day chart. Source: TradingViewAnalyst wary of Bitcoin “upside wick” fakeoutData from Cointelegraph Markets Pro and TradingView showed BTC price action staying strong into October’s first United States trading session.The largest cryptocurrency made swift gains into

The curious case of Coinbase — employees driven out by ‘apolitical’ stance
America’s largest cryptocurrency exchange, Coinbase, made headlines over the past few weeks for an internal culture change that effectively told employees that there will be no space for social activism within its walls. Furthermore, a recently leaked audio apparently reveals that most employees approve of the new direction.The “apolitical” stance that is being adopted by the…

Disbelief? Charts Suggest This Chainlink, Ether Rally Is Not Like 2019
Several altcoins have been showing strength in the past week with some of them seeing surges of more than 100%. One of them is Chainlink (LINK), whose price has risen 156% since Black Thursday, while Ether (ETH) price also rallied 135%.The main question becomes whether altcoins are back in the game, or whether it’s just…