Yunnan now joins Inner Mongolia, Xinjiang, and Qinghai that have all issued notices to shut down part or all of the mines in their regions.
With recent consolidation and the fresh announcement from Elon Musk, Bitcoin on-chain indicator has turned bullish setting it up on a north trajectory to $85,000.
With three years left on the forecast, popular analyst PlanB and Bloomberg strategist Mike McGlone have stated confidence in a continuing BTC uptrend.
Musk is right saying that Bitcoin mining is dangerous for our planet. Over the past two years, the rise of Bitcoin has caused CO2 emissions to increase by over 40 million tons, which is equivalent to 8.9 million cars added to the road.
The major thing with the Taproot upgrade is that it will introduce the smart contract functionality on the Bitcoin network while exponentially increasing its utility.
Twitter stock is expected to reap hugely from Bitcoin lightning network integration that could see its revenues up in the coming quarters.
The notice has appeared after the Texas regulatory body had recently passed a new bill consenting the crypto proceedings to be recognized under the State’s commercial law.
Although the DOGE effort was announced first, BitMEX’s recent publication has put Bitcoin ahead as both assets race to the moon.
The Invesco Galaxy Crypto Economy ETF is billed to track the investment results of the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Index while the Galaxy Blockchain ETF will track the results of the Alerian Galaxy Global Blockchain Index.
State Street Bank is also turning its inclination towards blockchain technology.
The president of Victory Shares and Solutions Mannik Dhillon stated that cryptocurrencies are a viable asset class and can form part of a diversified asset portfolio.
The unfriendly regulatory atmosphere in India has not stopped global crypto exchanges from seeking entry points in the vast potential market that India offers.
By the current moment, it hasn’t been revealed what crypto assets Interactive Brokers will make available for trading.
Bitcoin sent shockwaves in the crypto space on Tuesday after a 15% drop to $31,035 from an intraday high of $36,777. Today it seems to be recovering.
Phemex offers a myriad of investment products. From general spot market trading to services related to derivatives contracts such as options, futures, and perpetual swaps, the cryptocurrency exchange aims to accommodate the rising demand for its users.