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Bitcoin Closing in Towards $4,000-Resistance in Another Upside Attempt

The bitcoin price on Wednesday showed minor upside movements as it maintained the gains made during yesterday’s session. Bitcoin Price Technical Analysis The BTC/USD exchange rate posted as much as 1.5 percent in gains during the first half of the trading session. The pair notably eyed a rally towards $4,000 but corrected

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Chinese Mining Operations Reportedly Closing Due to Crashing Crypto Markets

Chinese Mining Operations Reportedly Closing Due to Crashing Crypto Markets November 27, 2018 by Ian Edwards The plunging price of bitcoin and other cryptocurrencies may be forcing some Chinese mining operations to turn off their machines, according to a new report. With mining becoming increasingly less profitable, or not profitable at

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Crypto Exchange BTCC Is Closing its Mining Pool Business Indefinitely

Hong Kong-based cryptocurrency exchange BTCC is shutting down its mining pool business, BTCC Pool Limited, after four years of operation. Citing the reason for the closure as "business adjustments," BTCC Pool said Tuesday that it will shut down all mining servers on Nov. 15 and will cease operations indefinitely from Nov. 30. The firm

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