Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption […]
Ten years ago, Bitcoin emerged as the first cryptocurrency. It brought with it the promise to resolve some of the major challenges that come with regular fiat currencies like the US dollar (USD) and Chinese […]
Last Sunday, the price of bitcoin touched an all-time price high at $58,354 per unit and surpassed a $1 trillion market capitalization. Bitcoin’s value has dipped since then, but the decentralized crypto asset’s market still […]
Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between traditional finance and the crypto […]
Although Bitcoin couldn’t hold above the $1 trillion market cap for very long, doing so in the first place might have been a turning point for even the most skeptical investors. It has even caused […]
The giant social media platform Twitter has announced plans to raise $1.25 billion through a convertible senior notes offering. Although the company breached “corporate purposes” as the main reason, cryptocurrency proponents speculated if the firm […]
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