According to a statement obtained by CoinDesk, the CFTC has, in fact, not approved LedgerX to launch Bitcoin (BTC) futures just yet. The outlet wrote in a recent update to yesterday’s article about the exchange’s launch...
Quick take: Top crypto analyst, Timothy Peterson, believes that ChainLink will eventually be bigger than Bitcoin. His prediction is based on the fact that LINK is not affected as much by BTC’s movements. Furthermore, the price...
According to Willy Woo, China banning Bitcoin mining is helping BTC remove the last area of major centralization Banning Bitcoin mining and trading makes BTC stronger, more resilient 2021 will go down in history as the...
China has reignited plans of cracking down on Bitcoin mining and trading within its borders Bitcoin has dipped from $41k to a local low of $36,600 due to the news China’s government had announced and initiated...
Crypto Mining Crackdown in Inner Mongolia Reports from China-centric crypto news outlet ChainNews have suggested that Inner Mongolia, an autonomous region of China, is looking to curb Bitcoin mining and similar industries in the region. The...
Despite recent concerns voiced by the International Energy Agency (IEA), the energy consumption of Bitcoin mining has hit another milestone. According to network status information from BTC.com, the average Bitcoin hashrate in the last two weeks...
Quick take: Meitu, a Chinese Technology Company, has purchased 379.12 Bitcoin and 15k Ethereum The purchase was made on the 5th of March at a cost of $22.1M and $17.9M respectively Meitu made the purchases as...
In recent times the narrative surrounding Bitcoin being a “digital Gold” or a “Gold 2.0” has grown pervasive, with many major analysts drawing significant parallels between the two assets. Now, a recent report regarding the shocking...
Bitcoin and the aggregated crypto markets have extended the upwards momentum that they first incurred over the past week, which has allowed BTC to surge towards $12,000. This bout of increased buying activity has signaled that...
Climate activists are now turning towards Bitcoin, urging the network to adopt a sustainable PoS consensus. Proof of work network is notorious for its extensive energy consumption, using vast amounts of energy to process crypto transactions ...
Many analysts have claimed that the introduction of CME Bitcoin Futures was a major factor that helped perpetuate Bitcoin’s plunge from its 2017 highs of nearly-$20,000, as the introduction of these futures products coincided closely with...
CME Looks to Improve Bitcoin Product Over the past few months, the Chicago Mercantile Exchange (CME) Group Bitcoin futures contracts have become increasingly important in this budding market. In fact, as the financial institution pointed out...