Report: More Chinese Miners Selling Short Following Crypto Market Slump

Chinese miners are reportedly becoming the biggest short-sellers of BTC in the current bear market. Chinese miners are reportedly becoming the biggest short sellers both locally and internationally, following an increased number of hedging operations in the current bear market, Chinese crypto outlet 8BTC reported Thursday, Dec. 6. The severe cryptocurrency market decline in the […]

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Chinese Mining Giant Bitmain Releases ‘Crypto Index’ Tracking Bitcoin, 16 Altcoin Prices

Bitmain has released the Bitmain Crypto Index, designed to give both institutional and retail investors a “transparent” price benchmark. Chinese cryptocurrency mining giant Bitmain released several price indices Nov. 30, aiming to track the largest assets for both institutional and retail investors. The Bitmain Crypto Index (BCI) comprises real-time spot price reading which refreshes every […]

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German Private Equity Fund Targets Bitcoin Mining аs Clients Demand ‘Regulated Product’

Xolaris Service KVAG, a German alternative investment fund manager, has launched a private equity fund dedicated to Bitcoin mining. German alternative investment fund manager Xolaris Service KVAG has launched a private equity fund dedicated to Bitcoin mining, the company confirmed in a press release Nov. 29. Xolaris, which has undertaken various expansion measures including the […]

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China: Crypto Miners Sell off Mining Devices ‘by Kilo’ Amidst Market Decline

Chinese crypto miners are reportedly selling their mining equipment “by kilo,” as they have reached the “shutdown price” amidst the recent market crash. Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This selloff was reported by local Chinese crypto outlet 8BTC Wednesday, Nov. 21, with […]

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Bitcoin’s One-Stop Pawn Shops

On November 14th 2017, the price of bitcoin was a little over $6,500 — a bit more than it is today at $6,300. It might be easy to look at that 5 percent year-on-year price decline and conclude that perhaps the world’s best-known cryptocurrency is getting more stable. Those two data points belie the fact that the […]

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