Tag: china

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Could a Digital Dollar Help to Battle the Coronavirus?

As Congress nears a deal on the economic stimulus package, the latest proposal has taken a crypto turn and is offering the notion of...

Mining Enterprise Canaan Hit with Investor Lawsuit

Bitcoin mining giant and competitor to Bitmain Canaan Inc. (aka Canaan Creative) is being sued by investors who claim that the company has violated...

Greenidge Generation Extracts Lots of BTC in Upstate New York

A power plant in upstate New York known as Greenidge Generation says it’s mining up to $50,000 in new bitcoins each day. Greenidge Has the...

Layer1 Technologies, a BTC Mining Company, Officially Opens for Business

Layer1 Technologies – a bitcoin mining startup operating in West Texas – has opened its doors for business. Layer1: We Want to Compete with China The...

Is Libra Responsible for Bitcoin’s Latest Price Boost?

As we’ve all seen over the past month or two, bitcoin has completely revamped itself and is now trading for well above the $10,000...

Crypto Miners Appear to Be Leaving China

Is China losing its grip on bitcoin mining? According to an executive at Grayscale, many bitcoin mining operations have shifted their attention from China...

U.S. Vows to Spend Billions to Potentially Counter China and Its National Digital Currency

With China set to release its new digital version of the yuan, the country’s national fiat currency, the U.S. has sworn to boost its...

China Coronavirus Fears May Be Inspiring BTC Purchases

China is going crazy when it comes to bitcoin… bitcoin and gold. China BTC Action Is Booming for Sad Reasons Both assets make sense considering they...

Does the Lunar New Year Spell Doom for Bitcoin?

Analysts are warning bitcoin traders that volatility may strike this coming week. Is Bitcoin About to Drop Further? The weekend marks the Lunar New Year in...

Could Bitcoin Be Replaced By a Bank-Based Digital Currency?

There is great fear traveling through the crypto space… Fear that somewhere down the line, bank-issued cryptocurrencies will somehow replace bitcoin and its altcoin...

Will the New U.S.-China Trade Deal Initiate Further Bitcoin Spikes?

Bitcoin, at the time of writing, is still performing quite well and is trading for just over $8,700. The currency has experienced a slight...

China to BTC Miners: Slow Your Operations a Bit!

Darn it! China was doing so well, too. Following all the hype and hoopla about China finally saying “yes” to bitcoin mining, it seems...