Cryptocurrency Analysis and News Portal
SBI Holdings and GMO Internet are all geared up to launch a massive Bitcoin mining facility in Rockdale, Texas. This supports a very strong narrative at play in the Bitcoin mining industry. More and more miners have moved away from Asia are migrating to the United States. Texas, in particular,
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One of the most remarkable events in the crypto space took place in the first half of 2019 when Bitcoin (BTC) went on a remarkable rally that almost mirrored the rally from 2017. However, the rally soon fizzled out, and it has been a bit of a rollercoaster ride for
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UDOMLYA, Russia – A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub.Late last month, Rosatom State Atomic Energy Corporation opened a mining farm near the Kalinin nuclear plant in Udomlya, 200 miles northwest of Moscow. The company spent more than $4.8 million building the 30-megawatt
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Bitcoin hit its record yesterday coming to $8,400. However, the reasons for that are not as nice as it might seem. There is something to do with the current U.S.-Iran political tensions.Yesterday political situation came to its climax when the Islamic Revolutionary Guard Corps confirmed that it conducted rocket attacks
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South Korea’s Presidential Committee on the Fourth Industrial Revolution (PCFIR) is advocating that the Korean government makes cryptocurrencies mainstream by introducing friendly regulations that will help to integrate distributed ledger technology (DLT) powered digital assets into the traditional financial world, according to an Ibtimes report. PCFIR Push to Make Cryptocurrency Mainstream Per
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Money On Chain is creating a protocol that allows the creation of a bitcoin-collateralized stablecoin as well as DeFi products based on bitcoin. Their infrastructure is developed using Bitcoin’s sidechain rootstock (RSK). The 2019 Trend was DeFi The history of blockchain can be categorized according to the prevailing trends during certain periods
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Bitcoin Suisse AG, a Zug-based financial intermediary and pioneer in crypto-financial services, is putting preparations in top gear to become a publicly listed firm via an initial public offering (IPO). Bitcoin Suisse hopes the move will enable it to maintain its lead in the Swiss crypto ecosystem, reports Finews on
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UK-based currency exchange site Travelex is the latest victim of suspected cybercriminals demanding Bitcoin (BTC) ransom. The BBC reports that the alleged hackers want $6 million in BTC in exchange for the decryption of the company’s hacked files. $6 Million According to the BBC, currency exchange giant Travelex suffered a cyber attack
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Bitcoin’s price rises again. Many pundits have indicated that this has created a new paradigm where Bitcoin’s price is now finding new support levels. This also means that a bullish trend may be in the offing although many think that this isn’t so. Bitcoin’s prices have been under severe pressure lately.
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With Bitcoin making new highs, bullish sentiment is rife within the space as many have once again called this the end of the corrective cycle. Volume, however, has been in decline since July 2019 and the technical structure of bitcoin looks more and more like the descending triangle that formed
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