Crypto Mining: A Major Contributor Towards Global Warming
Crypto Mining

Crypto Mining: A Major Contributor Towards Global Warming

The cryptocurrencies market has observed quite a rollercoaster ride in the past decade. There have been times when Bitcoin was able to achieve a value of $20,000 in December 2017, while 2018 saw the downturn as the price dropped to sub $4,000 mark. Bitcoin mining and cryptocurrency mining overall has …

Bitcoin Exchange HitBTC suspends Customers’ Accounts | Coindelite News
Crypto News

Bitcoin Exchange HitBTC suspends Customers’ Accounts

According to several sources, the cryptocurrency exchange HitBTC has frozen its customers’ accounts ahead of an annual proof of keys event. The firm replied to an open complaint on Reddit after the user accused them of suspending his withdrawal requests. Redditor PEDXS alleged that he had duly passed the Know-Your-Customer …

Abkhazia Govt Cuts of Crypto Mining Power
Crypto Mining

Abkhazia Govt Cuts of Crypto Mining Power

The Republic of Abkhazia is looking to cut down on electricity consumption amidst concerns. Chernomorenergo RUE, the state electric utility company announced that it is cutting power for multiple cryptocurrency mining farms. This announcement was made on December 31st via Facebook. According to the announcement, Chernomorenergo has cut down the …

Almost 1000 Altcoins Died As Bitcoin Struggled In 2018
Bitcoin News

Almost 1000 Altcoins Died As Bitcoin Struggled In 2018

A retrospective account of cryptocurrency in 2018 has indicated that Bitcoin (BTC) recovered from a “dead” position in the media about 90 times, as shown by the industry news and information portal 99bitcoins. The site’s Bitcoin Obituaries section which tracks media claims that Bitcoin was unsuccessful, with almost 100 such …

Winemaker Plans to Purchase Crypto Exchange
Cryptocurrency News

Winemaker Plans to Purchase Crypto Exchange

A major winemaker in Hong Kong is planning to buy a Japanese cryptocurrency exchange. The winemaker is already listed on the Hong Kong Stock Exchange and will be acquiring a majority stake in a Japanese cryptocurrency platform. This deal aims to “achieve a better return” for shareholders of the company. …

Bitcoin's Price To Fall Lower Than $3,000
Bitcoin News

Bitcoin’s Price To Fall Lower Than $3,000

According to Digital Assets Founder, Anthony Pompliano, Bitcoin has “lower to go” despite its surge to above $4,000 last week. Pompliano, who is an active markets commentator on social media, has become the latest personality to claim that Bitcoin’s value will only go down once the price slips down to …

Wall Street Begins To Move Away From Crypto
Crypto News

Wall Street Begins To Move Away From Crypto

Wall Street is slowly backing out of the crypto market, as per Bloomberg reports. The market has earned a bad reputation due to repeated reports of fraud and imminent regulatory crackdowns. However, this was not always the case, as there was a time when Wall Street had begun to embrace …

Circle CEO Predicts That Bitcoin Price Will Boom | Coindelite News
Bitcoin Prediction

Circle CEO Predicts That Bitcoin Price Will Boom

After the growth in December 2017, Bitcoin’s price started falling continuously and reached the lowest level before a couple of days. Some of the famous investors around the world predicted that Bitcoin’s price would again raise, but nothing seems happening. Jeremy Allaire, CEO of the Boston-based startup’s CEO said that …

Bitcoin's Fair Value to Reach $150K per coin: Tom Lee
Bitcoin News

Bitcoin’s Fair Value to Reach $150K Per Coin: Tom Lee

Cryptocurrency bull and Fundstrat’s co-founder Thomas Lee claimed that the “fair value of Bitcoin (BTC) is significantly higher than the current price,” according to a report by Bloomberg on December 13. In a recently delivered note, he reportedly said that Bitcoin’s fair value is between $13,800 and $14,800, given the …

Circle Adds Bitcoin SV to its Invest List
Bitcoin Exchange

Circle Adds Bitcoin SV to its Invest List

The Crypto investment application powered by Circle now allows users to buy Bitcoin SV (BSV), as per the tweet from the company. BSV is available on the latest version of the application. BSV is now available on Circle Invest and BCH trading has been re-enabled! — Circle Invest (@circleinvest) December …