SBI lost 40% of hash rate after stopping mining in Russia: Data

Japanese monetary large SBI Holdings has partly terminated cryptocurrency mining in Russia resulting from geopolitical uncertainty and the crypto winter. SBI Holdings suspended mining operations in Russia’s crypto mining-rich area of Siberia,... Read more »

British Fintech Revolut Granted Crypto License in Cyprus

U.Ok.-based digital financial institution Revolut has been approved by Cyprus to offer cryptocurrency companies to hundreds of thousands of consumers on the Previous Continent. The fintech agency says the regulatory approval will... Read more »

A World War could trigger ‘an immense spike’ in Bitcoin price, adoption, Covalent CEO says

Because the outbreak of warfare in Jap Europe, Bitcoin and cryptocurrency have featured on each side of the battle. Within the case of Ukraine, firstly of the warfare, authorities officers known as... Read more »

National Power Administration Will Propose a Special Cryptocurrency Mining Fee in Paraguay

The Nationwide Energy Administration of Paraguay has proposed to set a particular mining charge for cryptocurrency mining operations in a decree undertaking directed to the nationwide financial staff. As a result of... Read more »

Thai SEC launches digital hotline for Zipmex users

Within the aftermath of the Thai cryptocurrency alternate Zipmex stopping withdrawals final week, native monetary regulators are stepping in to look into potential losses by buyers. Thailand’s Securities and Trade Fee (SEC)... Read more »

The Merge is Ethereum’s chance to take over Bitcoin, researcher says

Ethereum researcher, Vivek Raman, is satisfied that Ethereum’s (ETH) upcoming transition to a proof-of-stake system will allow it to take over Bitcoin’s (BTC) place as essentially the most distinguished cryptocurrency. “Ethereum does... Read more »

How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000

The Bitcoin (BTC) value chart from the previous couple of months displays nothing greater than a bearish outlook and it’s no secret that the cryptocurrency has constantly made decrease lows since breaching... Read more »

Bitcoin Struggles to Rebound as Miner Capitulation Continues 

Key Takeaways A number of studies point out that Bitcoin miners are promoting off extra cash to cowl the price of their operations. Miners have bought an estimated $500 million value of... Read more »