Retail and institutional investors love derivatives instruments. Here‘s how they could impact crypto markets in 2022. We‘ve all heard stories of billion-dollar future contracts liquidations being the cause of 25% intraday price crashes in Bitcoin (BTC) and Ether (ETH) but the truth is, the industry has been plagued by 100x leverage instruments since BitMEX launched…
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Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint Digital Coins Using Renewable Energy Regulated companies mining cryptocurrency in Iran…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.________ … Read More: Robinhood’s Crypto Beta, FTX Challenge, Bitcoin Miners Bet Big, BTC ETF Inflows + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Here is what happened in the Cryptoworld in the second quarter of this year: Total crypto market capitalization in Q2 ____ Learn more:- Crypto News Rewind 2021: Q1 – Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments … Read More: Crypto News Rewind 2021: Q2 – Bitcoin Crash, China’s Crypto Crackdown, El…
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Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are now looking to relocate to destinations with a more stable energy supply like the United States. Miners Shut Down Crypto Farms Due…
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Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto. Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega ban enforced in September. Thai entrepreneurs and cryptocurrency businesses have been increasingly capitalizing on Chinese…
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Cold weather in some of Bitcoin (BTC) and crypto mining’s hotspots is bringing bad tidings for the industry – with power interruptions experienced in Kazakhstan and the government intervening in Iran…. Read More: Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings Slowdowns Read more »Pay, Trade, Buy Bitcoin with…
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20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s).…
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A court ruling in China from earlier this month claiming that a Bitcoin (BTC) mining contract was “void” was not an outlier, according to a new report, which added that Chinese courts have made similar rulings prior to the crackdown this year…. Read More: Recent Chinese Bitcoin Court Ruling ‘Not an Isolated Case’ &…
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Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer. Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers. Mostafa Rajabi Mashhadi, chairman of the board and managing director of Iran Grid Management Company…
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