[ad_2][ad_1] This week’s data from Arcane Research shows that there has been strong demand for Grayscale’s crypto trusts recently launched on the stock exchange. Following the trusts that achieved DTC eligibility last Monday, LTCN (litecoin) shares were sold for a 753% premium while BCHG (bitcoin cash) shares were sold for …
Read More »China’s Bitcoin mining industry had the biggest impact this year, the report said
[ad_2][ad_1] Tokeninsight researchers and analysts have released the “Report on the Cryptocurrency Mining Industry of Q2 2020” which shows that the sector has grown exponentially over the past six months. The results indicate that cryptocurrency mining has expanded a lot, but China’s bitcoin mines “had a big impact” in the …
Read More »Yearn Finance Token Increases 270% in 5 Days: Defi YFI Token Now Worth More Than a Single Bitcoin
[ad_2][ad_1] Decentralized finance (defi) continues to make a stir this week, as the Yearn Finance (YFI) project token jumped more than 270% in the past five days. The digital token is worth more per coin than the bitcoin price today, as the asset is currently trading for $ 15,934 per …
Read More »Market Wrap: Bitcoin drops to $ 11.6K as Ether gas continues to rise
[ad_2][ad_1] Bitcoin traders are hitting the sell button. On Ethereum, DeFi is raising commissions again. Bitcoin was trading as low as $ 11,613 on Tuesday. Traders continued to sell the world’s oldest cryptocurrency after hitting a 2020 high of $ 12,485 on Monday. For the moment, he may have a …
Read More »Sichuan officials continue to promote the relationship between Bitcoin mining and hydroelectricity
[ad_2][ad_1] Sichuan province is well known for being one of the largest concentrations of bitcoin miners on earth because electricity costs are extremely cheap in the region. The data shows that miners using hydropower in Sichuan pay between 0.065-0.075 yuan or $ 0.01 per kilowatt hour. According to regional reports, …
Read More »Start of trading for Bitcoin Cash Trust Grayscale and Litecoin Trust Grayscale Other OTC: ETCG
[ad_2][ad_1] New York, August 17, 2020 (GLOBE NEWSWIRE) – Grayscale Investments®, the world’s largest digital currency asset manager, announced today that Grayscale® Bitcoin Cash Trust and Grayscale® Litecoin Trust have received DTC eligibility. Eligible shares of Grayscale Bitcoin Cash Trust will be available for trading on OTC markets under the …
Read More »Bitcoin hashrate hits record 130 EH / s, as BTC price meets resistance at $ 12,000
[ad_2][ad_1] Bitcoin’s seven-day average hashrate reached a new all-time high of 130 exahash per second (EH / s), a feat that could positively affect the price of the asset, while adding the fundamental strength of the Bitcoin network. According to the latest data from Bitcoin.com charts, the previous peak of …
Read More »3 people arrested in Hong Kong for cheating Bitcoin ATMs
[ad_2][ad_1] Hong Kong authorities arrested three people in connection with robberies of six bitcoin ATMs after two cryptocurrency exchanges reported that funds were being illegally withdrawn from them. 6 Bitcoin ATMs targeted Hong Kong Police Force Cyber Security and Technology Crime Bureau arrested three people after two cryptocurrency exchanges complained …
Read More »Chinese Bitcoin miners develop strong relationships and crypto mining facilities in Iran
[ad_2][ad_1] In recent months, cryptocurrency advocates have focused their attention on Iran. Iranian President Hassan Rouhani started a new mining strategy last May and 14 government-authorized bitcoin mining farms in July. According to China’s Lubian mining operation, it claims to run one of these regulated bitcoin mining companies in the …
Read More »Market Wrap: Bitcoin bounces to $ 11.8K as Ether options traders go bearish
[ad_2][ad_1] Bitcoin is up on Friday as ether options traders are overwhelmingly bearish. “Crypto has had a good run for about three weeks in a row since late July,” said David Lifchitz, chief investment officer for quantitative trading firm ExoAlpha. “There is a current resistance level of $ 12,500 per …
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