Genesis Digital Assets buys 20K Bitcoin miners after $125M raise
Canaan has also granted Genesis Digital Assets an opportunity to buy up to 180,000 additional BTC mining machines.
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Chinese banks explore e-yuan for selling investment funds and insurance
Bank of Communications and China Construction Bank are working with fund managers and insurers to facilitate e-yuan payments for Chinese citizens.
Here’s how Bitcoin options traders might prepare for a BTC ETF approval
Bloomberg analysts expect a BTC ETF approval in the next few months, and clever options traders might use this strategy to profit from the possibility.
Standard Chartered launches blockchain trade platorm with Chinese fintech
The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures' Amelia Ng as CEO.
FUD Again: Bitcoin Has No Value, Says People’s Bank of China’s Official
The Chinese government has continued its conscious efforts to eliminate the use of cryptocurrencies in the country by constantly reminding the general public of the risks associated with them. During…
China to ‘maintain a high-pressure situation’ on crypto, official says
An official at the People’s Bank of China said that the public should increase its risk awareness and stay away from crypto investments.
Record $900 million month for NFT sales as CryptoPunks go stratospheric
Almost $400 million has been spent on CryptoPunks over the past 30 days.
Bitcoin hashrate triples since June 28 in recovery from China syndrome
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown.
Chinese province to cut off Bitcoin miners from hydropower stations
After the given deadline, Yingjiang County reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments within its jurisdiction.
Xiaomi India needs regulatory clarity to embrace crypto, says exec
According to Xiaomi India managing director Manu Jain, cryptocurrency is an “extremely interesting” area that is doing “exceptionally well.”