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Bitcoin Mining Company Blockmetrix Closed a $43 Million Funding Round

Dallas-based cryptocurrency mining organization – Blockmetrix – disclosed it had raised $43 million in a Series B investment round. Thus, the company’s total venture funding reached $50 million. Blockmetrix Stepping up According to the announcement, the fresh financing included investors from the United States, Australia, and several nations in Asia. Blockmetrix vowed to employ the $43 million to expand its operations by securing additional digital asset mining rigs. Founded...

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Can Texas Withstand Its Growing BTC Mining Sector?

Texas has become the go-to state for those looking to mine bitcoin and cryptocurrencies. Several miners who were shut out of their native China have gone to places like Texas to set up new shops and take advantage of its low energy prices. Texas Has Seen Its Mining Business Expand Heavily While this has been great for the economy in Texas, some are worried about the amount of electricity being used and the pressures this is putting on its grid. Lee Bratcher – president...

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Indian Finance Minister Expects CBDC to Roll Out This Year

Indian Finance Minister Nirmala Sitharaman said that she expects the central bank to roll out its digital currency this year. About the legalization of bitcoin and other digital currencies, she noted that the government is not inclined to take a position just yet. It has set in motion a consultation process, and when it ends, the government will look at the insights generated before taking a position, she clarified. India’s CBDC Plans on Track Speaking at the annual summit of...

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Why the 9th of March could be crucial for bitcoin

Bitcoin Price Chart The US President Joe Biden is very busy. Besides plenty of geo-political matters and internal economic wrangling, his team seems to be preparing an executive order on cryptocurrency policy. This new executive order could be signed as early as Wednesday, 9 March. This order would amount to assigning one regulatory authority to oversee the crypto market. It is now clear that the whole world, including the US, wants more...

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Cardano (ADA) Price Analysis: Recovery Could Face Hurdles

ADA price declined below $0.90 and $0.85 against the US Dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.820 on the 4-hours chart (data feed via Bitfinex). The price could start a recovery wave if there is a move above $0.820 and $0.832. Cardano price is struggling below $0.90 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if there...

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MiCA de retour devant l’ECON

La proposition MiCA (Markets in crypto-assets) pour une réglementation européenne des marchés des cryptomonnaies, retournera devant la Commission des affaires économiques et monétaires (ECON) du Parlement Européen le 14 mars 2022. Le texte final ne demande plus l’interdiction de la fourniture de services autour de cryptomonnaies reposant sur un consensus à preuve de travail. « J’ai soumis...

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LBank Exchange Will List BITCOIN LEGEND (BCL) on March 15, 2022

INTERNET CITY, DUBAI, Mar. 1, 2022 – LBank Exchange, a global digital asset trading platform, will list BITCOIN LEGEND (BCL) on March 15, 2022. For all users of LBank Exchange, the BCL/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 15, 2022. Today’s world is in the fourth industrial revolution, and there is no doubt that blockchain technology will play an important role in it. Created to realize people’s ideals, BITCOIN LEGEND (BCL)...

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Hive Strikes a Deal With Intel to Buy New ASIC Chips for Bitcoin (BTC) Mining

Crypto miner Hive Blockchain has announced a Supply Agreement with Intel to buy new ASIC chips. Pitched as “high-performing,” these chips will be incorporated into mining equipment that will be custom-made for Hive. The company has also struck a manufacturing deal with an ODM (original design manufacturer) that focuses on electronics manufacturing.d Intel Supply Agreement According to the official announcement, the deal is part of its US expansion plans. Hive revealed that...

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DOJ to Fight Crypto Money Laundering in Russia

With the recent invasion of Ukraine by Russia, many have stated that the imposing nation is going to look to bitcoin and assorted cryptocurrencies to avoid or get around sanctions enforced by the United States and its allies. In response to this, the U.S. is now creating a special task force to prevent that from happening. Can Russia Use Crypto? Roughly two weeks ago, the world watched in shock and horror as Russia invaded its neighbor Ukraine. Thus far, several civilian...

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