Genesis Digital Assets Purchases 10,000 Bitcoin Miners from Canaan

The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and A1166 Pro... Read more »

Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level

Bitcoin (BTC) broke through $38,000 support on June 18 but a reversal at solid support already has traders seeking fresh upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin buy wall sees... Read more »

North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report

A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach... Read more »

Not sure if the bulls are back? Here’s how the golden cross spots trend reversals

The most important aspect in trading is to correctly identify the long-term trend. Once this is done, the rest of the steps are not very difficult because all a trader needs to... Read more »

Cardano’s Charles Hoskinson admits to “spying” on Polkadot’s technology

In comparing Cardano and Polkadot, Input Output Global (IOG) CEO Charles Hoskinson gave insight into the workings of the cryptocurrency industry, saying projects snoop on each other all the time. Speaking on... Read more »

What to expect from Bitcoin as a legal tender

For much of its life, Bitcoin (BTC) has been viewed mainly as a speculative financial instrument, but El Salvador’s dramatic move in making BTC a legal tender is a reminder that cryptocurrencies... Read more »

Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender

The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,”... Read more »

World Bank wants no part in El Salvador’s Bitcoin revolution

The World Bank has refused to assist El Salvador with integrating Bitcoin into its financial infrastructure, a report on Reuters said today. The Central American country made history last week as it... Read more »

Crypto market ‘panic’ is subsiding, now’s the time to buy

The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff is slowing because he thinks “we’ve seen the most of this panic”. In the monthly newsletter published... Read more »

Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining

Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected... Read more »