Category: Mining

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French Lawmaker Releases New Report to Push for Crypto Legislation

  Pierre Person, a lawmaker from France’s ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the adoption of crypto legislation in the French parliament. … Read More: French Lawmaker Releases New Report to Push for Crypto Legislation…
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Russia Edges Closer to Crypto Regulation as Ruling Party, Energy Ministry Push for Legislation

  Crypto regulation is likely to come sooner rather than later in Russia, leading politicians hope – with the ruling United Russia party throwing its weight behind legislative proposals and the Ministry of Energy voicing its support for crypto mining…. Read More: Russia Edges Closer to Crypto Regulation as Ruling Party, Energy Ministry Push for…
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Bitcoin Ends Record-Long Losing Streak, BTC Inflows Grow, Ethereum Sees Outflows

  As bitcoin (BTC) ended a 9-week-long losing streak on Sunday, when a green weekly candle finally appeared on the bitcoin chart. The positive weekly close kicked off a green start of the new week on Monday, with gains across the board in the crypto market…. Read More: Bitcoin Ends Record-Long Losing Streak, BTC Inflows…
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Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event

BTC price gravitates around the low $30,000 zone, luring traders to believe the bottom is in, but data from Glassnode warns of another final sell-off. The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC) buyer who made a purchase since Jan.…
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Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?

A key derivatives metric used by margin traders has hit a record-high, but there’s plenty of risk and a catch to consider. Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to bearish levels below 10. Even with June 6’s small…
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BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week

The longest weekly losing streak in Bitcoin history is finally broken, but the mood among analysts is anything but unanimously bullish. Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history. After battling for support throughout the weekend, BTC/USD ultimately found…
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Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam

Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina, where Bitfarms is currency building a bitcoin mega-mining center, were a very good destiny…
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Top 5 Play-to-Earn Games on WAX

  Play-to-earn (P2E) games are becoming an increasingly popular pass-time for crypto users, and they are now available on other blockchains, not just Ethereum (ETH). Read on to discover five leading P2E games on the WAX blockchain that you can play today. The World Asset eXchange (WAX) is a blockchain built to make e-commerce and…
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New Crypto Lawsuits, Pan-Asian Crypto Regulations, Hiring Pause + More News

  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: New Crypto Lawsuits, Pan-Asian Crypto Regulations, Hiring Pause + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature

The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York PoW Mining Moratorium Legislation to Be…
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