Chinese Officials Say Bitcoin Doesn’t Make the Top 10 Cryptocurrencies

Bitcoin ranks 12th in a recent blockchain evaluation index, as published by China’s Center for Information and Industry Development. China’s Center for Information and Industry Development, or CCID, revealed on June 18 its 18th CCID Global Public Chain Technology Evaluation Index. This index ranked 37 well-known global cryptos using technical specifications. According to the table […]

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Ripple Touts XRP Use in New Crypto Framework Suggested for India

Major cryptocurrency firm Ripple released a set of recommendations for Indian lawmakers to legalize cryptocurrencies. American fintech firm Ripple has proposed a policy framework for regulating crypto in India amid local crypto uncertainty. In an effort to persuade Indian authorities to support fintech regulation and the growing crypto industry, Ripple issued a policy paper addressed […]

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Experts Say Bitcoin Difficulty Adjustment Might Prompt Miners to Switch Off Again

As the network gets readjusted, and Bitcoin mining difficulty increases, older generations of mining machines might be out again. Some Bitcoin (BTC) miners might become unprofitable again as a result of the latest difficulty adjustment.  Earlier this week, the network mining difficulty adjustment saw a +14.95% spike, its largest increase since January 2018. The regular […]

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