As first covered in Bitcoin Magazine on April 6, Buncombe County, North Carolina proposed a one-year moratorium on bitcoin mining and held a public hearing on May 2.The text of the proposal stated that the moratorium,…
While China’s Bitcoin Miners Flock to Central Asia…
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like…
El Salvador Offers No Capital Gains Tax, Permanent…
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter…
Bitcoin.com Games Player Gets Lucky Big Time, Wins…
Player cashes out approximately $180,000 after winning it on Sun of Fortune: Hold the Jackpot! Multiple Wins Result in a Total Bank of Over 5 BTC The weather was perfect, with just enough sunshine to…
US Senators Call for Increased Measures to Regulate…
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order to combat ransomware attacks. “We haven’t figured out in the country or in the world…
Bear Market Bottom Fractal Says Bitcoin Could Soon…
No clear signal for Bitcoin’s price, except for uncertainty. Investors are puzzled as the first cryptocurrency by market cap follows crab-like price action. At the time of writing, BTC trades at $35,935 with sideways movement…
Bitcoin Bulls And Bears Alike Beware Of Potential…
Bitcoin price has been stuck trading within a small symmetrical triangle. These continuation patterns tend to suggest another equal sized move down is coming. However, a sweep of lows would “perfect” a buy setup that…
DeFi Project Arabic Cash Offers a Shelter During…
United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country’s plans to double its gross domestic product. This means that new crypto projects will appear…
Infosys Chairman Advocates Regulation of Crypto Assets as…
The chairman of major Indian company Infosys says that crypto should be regulated as an asset, like a commodity. He believes that crypto investors will significantly contribute to India’s economy. Infosys Chairman Wants Crypto Regulated…