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Bitcoin Price & Technical Analysis: BTC Returned to Flat

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBrexit helps the BTC – Easy CryptoChina does not consider mining unwanted activity anymoreOn W1, the Bitcoin is trying to secure above the resistance line it has overcome. This might mean that the market players are waiting for yet another impulse of growth to the local resistance at $11321.00. However, growth to the main peak at $13857,20 in neither excluded.On the MACD, the histogram is still in the...

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Ousted Bitmain Co-Founder Micree Zhan Is Ready to Fight for the Company with Legal Weapons

Micree Zhan, the co-founder of popular crypto mining company Bitmain, has said that he will definitely return to the company, even if it means considering a legal course of action. This is the first time Zhan has publicly spoken on the matter after news of his abrupt and shocking sack from the company made the rounds last week.In an email that shocked not just Bitmain staff but eventually the entire crypto world at large, co-founder Jihan Wu informed employees that Zhan was no longer a part...

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Bitcoin Mining: China will Unternehmen zurück ins Land holen

Die Krypto-Firma Bitmain will nun in einem zweiten Anlauf in den USA an die Börse gehen. 2018 eröffnete der grösste Hersteller von Bitcoin-Rechnern in Zug eine Filiale. Die chinesische Regierung verkündete im Oktober 2019 ihre Pläne bezüglich der Blockchain-Nutzung. Aus einem neuen Dokument der Entwicklungs- und Reformkommission geht ein zusätzlicher Vorteil für die lokale...

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Volvo Cars Joins Responsible Sourcing Blockchain Network

Volvo Cars is the newest car manufacturer that decided to join the Responsible Sourcing Blockchain Network (RSBN) – a cross-industry collaboration for responsible sourcing of minerals, with the focus on strengthening human rights and environmental protection in mineral supply chains.As per the report sent to CoinSpeaker the consortium is pioneering the use of IBM’s blockchain technology for accountability and compliance in the mining and production of minerals from the mine to the...

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China Won’t Be Banning Bitcoin Mining Activities in the Country

It’s a great moment of cheer for all cryptocurrency miners carrying out operations based out of China. In the latest development, the China National Development and Reform Commission (NDRC) has decided to withdraw its proposal of banning crypto-mining activities (including Bitcoin mining) taking place in the country.On Wednesday, November 5, the NDRC published a new catalog for Guiding Industry Restructuring. The new version replaces the earlier one created in 2011 wherein the agency had...

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China’s Updated Policy Will No Longer ‘Eliminate’ Cryptocurrency Mining

China is set to allow cryptocurrency mining. The nation hosts the four largest mining pools around the world. The Chinese government is making significant steps towards the adoption of blockchain technology. Cryptocurrency mining will be kept alive in China. The news come after President Xi Jinping announced that his country will “take the leading position in the emerging field of blockchain.” China Will Allow Crypto Mining The National Development and Reform Commission (NDRC), one of the...

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#743 Digitale Lira Ende 2020, europäische Digitalwährung & Kein Bitcoin Mining Verbot China

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 743. Heute geht’s um folgende Themen: Türkei plant digitale Lira Ende 2020, EU-Strategiepapier schlägt gemeinsame europäische Digitalwährung vor & Doch kein Bitcoin Mining Verbot in China. 1.) Türkei plant digitale Lira – Start Ende 2020https://bitcoin-kurier.de/tuerkei-plant-digitale-lira-start-ende-2020/ 2.) EU-Strategiepapier schlägt gemeinsame europäische Digitalwährung...

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RRMine Expressed Its Ambition to Be the Largest Cloud Hashrate Platform

From October 26 to 31, 2019(PST), a series of activities was organized in the framework of the Vegas Blockchain Week and World Crypto Conference 2019 (WCC 2019)  hosted in Las Vegas, USA. RRMine North America team was among the participants of these important events and had an opportunity to present its platform and share its views on the state of the mining industry in a public speech and a number of interviews. RRMine’s VisionYung Cheng Tsou, RRMine Global CEO, said that their goal and key...

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Bitmain’s US IPO Plans Could Go Up in Smoke

Bitmain, a leading bitcoin miner, has secretly filed for an IPO that is sponsored by Deutsche Bank, a German multinational company, as reported by Tencent News. The company has been struggling to bounce back since crypto winter. The black swan event dampened demand for cryptocurrency mining machines, causing profitability to plummet. The reported secret filing with the U.S. Securities and Exchange Commission (SEC) will help raise badly needed capital. Bitmain is reportedly looking...

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Only 30 Percent of U.S. Citizens Know the Truth about the U.S. Dollar

A recent study carried out by Genesis Mining revealed some interesting details that would shock you too, except of course you already knew the answers. The study was conducted by the digital currency firm to gauge the level of knowledge US Citizens have about the Dollar, the world’s current ‘reserve currency.’The U.S. Dollar was backed by gold until 1971, a fact that has seemed to only make it into the knowledge-trivia of most people half-baked. According to the study, a significant number of...

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