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Cryptocurrency’s Environmental Concern

Argo Blockchain CEO Peter Wall addresses bitcoin's growing energy problem in light of recent developments around El Salvador exploring volcano-powered bitcoin mining and China's continued crackdowns on bitcoin mining operations. Plus, his comments on Argo's recent stock performance and outlook.

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Bitcoin Price Rises Above $37K. What's Next?

The price of bitcoin has risen above $37,000 amid bullish news from El Salvador adopting bitcoin as legal tender and bearish news from China cracking down on more mining operations. Lindsay Joo of BitBull Capital shares her analysis of the possible factors impacting BTC's price and where we go from here. Plus, altcoins of interest to Joo and the inflation impact on crypto markets.

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Bitcoin Hot in Singapore; China Widens Crypto Mining Bans

Bitcoin as legal tender a hot topic in Singapore. China bans crypto mining in Changji city and Qinghai province, and over 1,000 arrested in China on crypto-related money laundering charges. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Markets

Ang Developer ng Blockchain-Based Service Network ng China ay Nakakuha ng $30M sa Series A Funding

Ang pondo ay mapupunta sa pagpapalakas ng koponan ng BSN pati na rin sa pagpapalawak ng pandaigdigang merkado ng kumpanya para sa platform nito.

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Americans Earned Over $4B in Bitcoin in 2020, More Than Triple the Investors in Other Countries

A new study that shows which countries have realized the most bitcoin gains reveals American investors earned over $4 billion in bitcoin in 2020, more than triple that in any other country. CoinDesk’s Director of Data and Indexes Galen Moore digs into the data.

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Bitcoin Hashrate Declining Amid China Crackdown

The bitcoin hashrate tumbles amid more crypto mining operations in China shutting down. The country’s Qinghai province is the latest to announce a new crypto ban, following Xinjiang and inner Mongolia. Darin Feinstein of Blockcap, one of North America’s largest miners, weighs in.

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Bitcoin Hashrate Plunging Amid China Crackdown

The bitcoin hashrate, which stands for the global computing power used to process transactions on the Bitcoin proof-of-work blockchain, is plunging to its lowest level since last November as several provinces in China are shutting down crypto miners. Christine Lee breaks down the data in today’s Chart of the Day.

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Markets

Ang paparating na 'Death Cross' ay Maaaring Mag-signal ng Bitcoin Bear Market

Ang death cross ay nangyayari kapag ang 50-araw na moving average ay tumawid sa ibaba ng 200-day moving average.

Bitcoin might be headed for a "death cross," potentially a worrying pattern on price charts.

Markets

Inaresto ng Chinese Police ang 1.1K na Tao sa Mga Singilin sa Crypto-Related Money Laundering

Ito ang ikalimang round ng isang nationwide crackdown sa money-laundering na aktibidad na may kaugnayan sa telecom fraud sa China, na tinatawag na "Operation Card Breaking."

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Videos

El Salvador Becomes First Country to Officially Adopt Bitcoin as Legal Tender

CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains the significance and potential ripple effect of El Salvador officially adopting bitcoin as legal tender. Plus, a look at the U.S. Senate approving a $250 billion bipartisan technology and manufacturing bill to counter China on technological advancement.

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