Cointelegraph reached out to leaders of the crypto and blockchain space to find out what their New Year’s wish was for the industry. The digital currency space has seen rapid growth and expansion in 2019, with heightened interest from governments and global corporations. Cryptos recovered from the 2018 bear market, when with Bitcoin (BTC) crashed […]
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TRON CEO Justin Sun explains how cryptocurrency will help reduce carbon footprints after pledging $1 million to Greta Thunberg campaign. On Dec. 18 Cointelegraph reported that Tron (TRX) founder Justin Sun publicly pledged to donate $1 million to Swedish activist Great Thunberg to raise global awareness of the climate crisis. Following the COP25 UN Climate Conference […]
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Bitcoin mining farms in the Chinese province of Sichuan are under pressure from local authorities to scale down operations due to electricity shortages. Bitcoin (BTC) miners in the Chinese province of Sichuan are reportedly under pressurelocal authorities to scale down their operations due to electricity shortages. On Dec. 29, the Asia Times reported that during […]
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Tron founder Justin Sun has publicly pledged to donate $1 million to efforts by the young Swedish activist Great Thunberg to raise global awareness of the climate crisis. Tron (TRX) founder Justin Sun has publicly pledged to donate $1 million to efforts by the young Swedish activist Great Thunberg to raise global awareness of the […]
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Short-video sharing app TikTok recorded the first viral Bitcoin video after the firm’s owner reportedly launched a blockchain venture. Short-video sharing app TikTok has recorded its first viral Bitcoin (BTC)-related video as the firm’s owner reportedly launched a blockchain venture. Posted by TikTok personality The Wolf of Bitcoins, the video depicts a room in a […]
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The Shenzhen Bao’An District Court, China, has ruled to freeze roughly $676,000 in assets of a subsidiary of Bitcoin mining giant Bitmain. The Shenzhen Bao’An District Court in China has ruled to freeze roughly $676,000 in assets of a subsidiary of Bitcoin (BTC) mining giant Bitmain. According to a court filing released on Dec. 13, […]
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Chinese Bitcoin mining giant Canaan Creative’s shares have seen a 40 percent drop in value since its initial public offering in November. Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial public offering (IPO). Canaan was the first Bitcoin mining giant to go public […]
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China’s Sichuan province accounts for over 50% of the global hash rate, according to a study by digital asset manager CoinShares. Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims. China’s Sichuan province is accounting for over half the global hash rate, according […]
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A guide to Bitcoin halving — a pre-scheduled event that will reduce the asset’s supply, potentially driving the price upward. Will the Bitcoin price change? Historically, the price has gone up following a halving, but it ultimately depends on the supply/demand ratio. Essentially, Bitcoin halving cuts down the supply of BTC, making the asset more […]
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As the cryptocurrency market stagnates, Bitcoin is left vulnerable to miner capitulation, which could lead BTC to lower price ranges. The stagnation of the cryptocurrency market has put Bitcoin’s (BTC) price at risk of further decline, as it struggles to recover beyond key resistance levels. A descending price increases the probability of the so-called “miner […]
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