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Russian Company Strives to Mine 20% of the World’s Bitcoin Supply

Russia has always had great ambitions, and now this vast country is planning to embrace a significant part of the Bitcoin (BTC) mining industry. To deeper penetrate into this activity, Russian Mining Company (RMC) owned by Russian entrepreneur Dmitry Marinichev is planning to build a new facility in the northern province of Karelia.According to the local news outlet RBC, the equipment for mining will be stationed on the Nadvoitsy Aluminium Smelter, a metalworking plant that is not used since...

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Derivatives Exchange FTX Launched an Index of 8 Popular China-Related Cryptos

FXT derivatives exchange announced that it has launched Futures platform tracking an Index of 8 China cryptocurrencies. This announcement came on October 29 in the midst of the blockchain endorsement by China’s President Xi Jinping. The new index will track eight popular Chinese crypto projects.The new development was announced in a tweet by the firm’s CEO Sam Bankman-Fried on October 29.https://t.co/xZ5cjcRb11 is live!— SBF (@SBF_Alameda) October 29, 2019Dubbed Dragon Perpetual Futures Index...

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Cardano (ADA) Price Analysis: Bulls Remain In Control Above $0.0420

ADA price rallied recently above the $0.0400 and $0.0420 resistance levels against the US Dollar.The price is currently consolidating above the key $0.0420 support areas.There is a short term rising channel forming with support near $0.0425 on the 4-hours chart (data feed via Kraken).The price is likely to find a strong support near the $0.0420 and $0.0415 levels.Cardano price is trading in an uptrend against the US Dollar and bitcoin. ADA price correct lower in the near term, but it remains...

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#739 Parteitreue per Blockchain, Jihan Wu zurück bei Bitmain & Russland Bitcoin Mining

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 739. Heute geht’s um folgende Themen: Chinas Regierung erfasst Parteitreue über Blockchain, Jihan Wu übernimmt die Kontrolle über Bitmain & Russland will grosse Bitcoin Mining Farm aufbauen. 1.) Chinas Regierung erfasst Parteitreue über Blockchainhttps://www.btc-echo.de/ueberwachung-chinas-regierung-erfasst-parteitreue-ueber-blockchain/ 2.) Bitmain Turmoil: Co-Founder and Executive Director Micree Zhan...

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Bitcoin Price Analysis: BTC Correcting Gains, But Uptrend Intact

Bitcoin price rallied recently and even climbed above the $10,000 resistance against the US Dollar.The price is currently correcting lower and is trading below the $9,820 pivot level.There is a major contracting triangle forming with resistance near $9,400 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct further, but it is likely to remain well supported above $8,900 and $8,500.Bitcoin price is correcting gains below $9,800 against the US Dollar. BTC...

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Will Bakkt’s Bitcoin Options Change the Cryptocurrency Industry?

To refresh our memory, Bakkt, which is backed by New York Stock Exchange (NYSE) and the Intercontinental Exchange (ICE), recently in late September launched its long-awaited Bitcoin Futures platform, where investors and traders can physically exchange Bitcoin. Now, after the exchange has hit new record volumes, Bakkt announced that they will be offering Bitcoin options by December 9, 2019. “Options allow investors and traders to do different things, and will facilitate new and important...

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TRON Ranks #2, Way Ahead of Bitcoin in China’s Latest Crypto Rankings

China’s Center for Information and Industry Development released its latest Global Blockchain Technology Assesment Index report. EOS ranks first, followed by TRON and Ethereum. XEM and GXChain removed from the CCID’s crypto raking index. China’s Center for Information and Industry Development (CCID) published a new list of its crypto ranking index. The move comes after President Xi Jinping’s announced a plan to embrace blockchain technology. China’s Crypto Rankings CCID is a research...

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Bitcoin Is the Ultimate Pump and Dump Scheme – Peter Schiff

Peter Schiff trashed hodlers on Tuesday by claiming that whales are simply just offloading their bags. The gold pundit appears to be indirectly suggesting that bitcoin is the ultimate pump and dump scheme. Bitcoin is still performing excellently in 2019. Peter Schiff is one tough nut to crack. The infamous gold and silver investor is not prepared to back down from his anti bitcoin sentiment. Taking to Twitter on Tuesday Schiff told bitcoin hodlers that whales are currently in the...

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What’s Ahead for Litecoin After MimbleWimble-Fueled Privacy Is Added?

The Litecoin Summit is unfolding in Las Vegas, and MimbleWimble is center stage. Litecoin is on its way to becoming a privacy coin, which for Charlie Lee is about fungibility. The privacy push is a risky one that could cost the coin exchange listings in some countries. It’s no secret that Litecoin wants to become a privacy coin. Litecoin Creator Charlie Lee made that clear when he revealed a change in direction for the project, chief among which involved partnering with a Grin...

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The 3rd Wuhan International Pump Valve, Pipeline & Water Treatment Expo (WTE 2019)

Date: November 28th – 30th, 2019Venue: Wuhan International Expo Center, ChinaWebsite: http://www.wteexpo.comPreview of WTE 2019Hosted by Asian Water Conservancy Enterprise Federation and Hubei Society of Hydropower Engineering (HSHE), WTE 2019 is a professional platform for the display and trade of worldwide advanced municipal, industrial and residential water treating solutions. WTE 2019 is planned to cover an exhibition area of 20,000m2, which will be divided into 4 major exhibition...

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