Bitcoin on-chain metric suggests 2017-style bull run will continue
Dubbed MVRV, the indicator represents the ratio of Bitcoin's Market Value to Realized Value.
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Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to…
Iran Blockchain Association Offers Help With Crypto Regulations, Says Regulators Are Not Qualified
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its…
Silk Road 2 Admin Forfeits $667,000 in Bitcoin to British Law Enforcement
According to reports, the founder of the now-defunct Silk Road 2 marketplace has forfeited more than half-million dollars worth of bitcoin to British authorities. White’s Silk Road 2 admin handle…
Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm
With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced…
Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading…
Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report
Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said…
Paraguay Eyed as New Bitcoin Mining Destination
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a…
DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg
Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new…
South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies
South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies…
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