Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
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Crypto investment products experience outflows for 9th consecutive week
Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon. On June 19, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” revealing that cryptocurrency investment products experienced outflows totaling $5.1 million last week. The outflows contributed to the continuation of a nine-week streak of outflows, resulting in a cumulative…
Diginex Becomes First Asian Firm to Join Steptoe-Led Blockchain Alliance
Hong Kong-based digital financial services startup Diginex has become the first firm in Asia to join the Blockchain Alliance led by Steptoe & Johnson law firm.Over 100 members in 19 countriesDiginex — which claimed to be the “first fully-diversified blockchain player on Nasdaq” — has officially joined the Blockchain Alliance, a public-private forum of firms…
Bitcoin price bull run ‘starting to look like 2013’ after record red monthly candle
Long-term price forecasts based on stock-to-flow remain “intact,” said PlanB after last month’s record red candle. 6290 Total views 4 Total shares Bitcoin (BTC) may have just had its worst monthly candle in 10 years, but it could still surge to new all-time highs this year, said popular analyst PlanB.In a tweet on Tuesday, the…
Binance launches Bitcoin mining cloud services amid SEC crackdown in the US
Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively. 203 Total views 1 Total shares Crypto exchange Binance announced the launch of new subscription-based could mining products dedicated to Bitcoin (BTC) mining. Starting June 15, users that are…
BTC price slumps to $62K as Bitcoin bulls bet on M2 money supply
Bitcoin offers a modest BTC price comeback after hurtling toward $60,000 in step with stocks worldwide.
Dead cat bounce? Bitcoin price nears $23,000 in fresh 5-month high
Bitcoin (BTC) took a swing at $23,000 into Jan. 21 as Asia buyers drove fresh market strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBid liquidity causes suspicionData from Cointelegraph Markets Pro and TradingView showed BTC/USD battling bears to reach $22,790 on Bitstamp overnight — its highest since August.With new multi-month peaks coming in quick succession despite…
What were the biggest crypto outcomes of 2021? Experts Answer, Part 1
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Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows
Bitcoin retains $17,200 after an overnight squeeze takes BTC price action to within reach of one-month highs. 342 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTBitcoin (BTC) stayed higher after a $17,000 liquidity grab on Dec. 9 as traders targeted further upside.BTC/USD 1-hour candle chart (Bitstamp). Source:…