Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

An analyst suggests that China's tough measures against bitcoin (BTC) mining could have unintended benefits to bitcoin's price movement. In a tweet on June 18, Charles Edwards, CEO of the...

City in Sichuan reportedly orders crypto miners to shut down for investigation

Chinese authorities continue to harass cryptocurrency mining as a city in Sichuan has reportedly stopped mining local Bitcoin (BTC) Chinese financial publication Sina Finance reported on Friday that authorities in...

Bitcoin first ‘genuinely new asset class’ in 150 years, says Ric Edelman

Rick Edelman, founder of the financial advisory firm Edelman Financial Engines, described Bitcoin (BTC) and cryptoassets as "a whole new and different asset class" that has nothing to do...

Hong Kong brokerage Futu halts crypto futures over regulatory issues

A Hong Kong-based online brokerage has reportedly shut down cryptocurrency futures trading due to regulatory concerns. China's financial publication Sina Finance reported Thursday that Foto Securities, one of the largest...

Steve Hanke warns BTC could ‘completely collapse the economy’ of El Salvador

Steve Hanke, a professor of applied economics at Johns Hopkins University, warned that the recently adopted Bitcoin (BTC) of El Salvador as a legal tender could lead to a...

El Salvador minister says it’s too early to use Bitcoin for wages

The Minister of Labor and Social Security of El Salvador said that the country is not yet ready to accept Bitcoin (BTC) for salary payments. In a tweet on Wednesday,...

This crypto company is on a mission to stop passive hodling

The Fintech platform says that its task is to stop passive fraud - to help them rediscover the value of their cryptocurrencies. YouHodler offers cryptocurrency-backed loans that allow enthusiasts to...

Traders look for Bitcoin price daily close at $41K to confirm bullish reversal

Bitcoin started the week with a strong breakout to $40,900, but today the bulls are trying to keep the bitcoin price above the $40,000 level. When the price broke out...

Bitcoin part of highest risk category in Basel’s new bank capital plan

The Basel Committee on Banking Supervision (BCBS), a global panel of bank and central bank supervisors, has proposed new requirements for banks that want to own a cryptocurrency like...

Bitcoin 2021 attendees’ positive COVID-19 tests are going viral

Several participants in the Bitcoin 2021 Miami event tested positive for COVID-19 after returning from the conference, leading to a stream of negative media coverage and speculation on social...