Tag: bitcoin

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India Crypto Renaissance: Industry Sees Rebirth as RBI Crypto Ban Lifts

The industry is seeing a renaissance following India’s Supreme Court revoking the RBI’s crypto ban, but there is still a long way to go. Among industry participants and investors, India is emerging as a market to watch for following the overturn of a crypto ban that was placed by the Reserve Bank of India back…
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Bitcoin Price Drops to $6.1K Shortly After Equities Markets Close Red

Bitcoin ended its lengthy consolidation in the $6.4K-$6.8K range with a swift drop to $6,068, with the weekly and monthly close approaching traders will be keeping a close eye on the price. After trading in the $6,450 to $6,850 range for the past eight days, Bitcoin (BTC) price finally made a larger move, this time…
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Peter Vessenes in the Focus of Cointelegraph China

Peter Vessenes talks crypto regulation, exciting blockchain technology and what can take crypto to the next level on Cointelegraph China’s Focus talk show. Welcome back to Cointelegraph China’s Focus talk show. This time around, Peter Vessenes is under the spotlight. He is the founder of CoinLab, the first venture-backed Bitcoin company. He also co-founded the…
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Russian Police Take Down an Illegal Bitcoin Mining Farm

Russian police seized a bitcoin mining farm for the alleged theft of $200,000 in monthly electricity costs. Russian police have caught bitcoin miners who were stealing $200,000 worth of electricity each month in their efforts to mine cryptocurrency. According to a statement released by the Russian Interior Ministry, a Saint Petersburg suspect has been arrested,…
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Telegram Seeks Clarity On The Preliminary Injunction Against TON

Telegram’s GRAM token passes the Howey test and is subject to regulation, says the SEC. How far can a preliminary injunction from an American court reach? The answer to that question is everything for Telegram’s embattled TON blockchain project. TON has been under legal fire since shortly after the SEC became aware of its token…
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Introducing the Immediate Edge Bot

Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. ____ Are you on the lookout for dependable and highly efficient cryptocurrency trading software? Then look no further! The Immediate Edge Bot is a crypto trading platform that offers a host of benefits for cryptocurrency traders. It comprises a highly…
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Blockchain Jobs Continue to Rise Despite Global Recession

Despite global recession in both crypto and traditional markets, many blockchain jobs continue to rise. Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history. The whole world seems to be falling apart except for blockchain…
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Silk Road Founder Ross Ulbricht Spends Seventh Birthday in a Row in Jail

Silk Road founder Ross Ulbricht turns 36 today, spending his seventh birthday in a row in jail. Ross Ulbricht turns 36 years old today. This will be his seventh birthday in incarceration. Ulbricht is the convicted felon serving two life sentences plus 40 years for his role in creating the Silk Road, the online contraband…
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US Holding Firm Halted Mining Business After Bitcoin Crashed Below $4K

Diversified holding company DPW Holdings suspends its crypto mining business Digital Farms about 2 months before Bitcoin halving. Although the cryptocurrency markets have slightly recovered following massive sell-offs in mid-March, Bitcoin’s (BTC) faltering price has led to notable miner instability and closures. Soon after Bitcoin dropped below the $4,000 threshold on March 13, DPW Holdings,…
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Are Miners Waiting for Bitcoin to Hit Breakeven Point?

Johnson Xu is the Chief Analyst at TokenInsight, a token data and rating agency. _____ The sharp market downturn in mid-March 2020 forced some Bitcoin (BTC) miners to switch off their mining rigs. As a result, the Bitcoin network hash rate plummeted to ~75.8 EH/s. After reaching its lowest recent point, down from its all-time…
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