Latest on Business, Tradings

Iron Finance’s Titan Token Crashes to $0 In a Sudden DeFi ‘Bank Run’
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Iron Finance’s Titan Token Crashes to $0 In a Sudden DeFi ‘Bank Run’

22 hours ago
VanEck’s Bitcoin ETF Application Further Delayed by the SEC
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VanEck’s Bitcoin ETF Application Further Delayed by the SEC

22 hours ago
Elon Musk’s Tesla Should Accept ADA, Says Cardano Founder Charles Hoskinson
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Elon Musk’s Tesla Should Accept ADA, Says Cardano Founder Charles Hoskinson

22 hours ago
John McAfee Admits His Cryptocurrency Fortune is Gone but He Regrets Nothing
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John McAfee Admits His Cryptocurrency Fortune is Gone but He Regrets Nothing

22 hours ago
World Bank Shuns El Salvador Bitcoin Adoption Plan
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World Bank Shuns El Salvador Bitcoin Adoption Plan

22 hours ago
China’s Changing Stance In the past month, China has ramped up its existing disdain for Bitcoin and the cryptocurrency market at large. Beijing recently called for a severe crackdown on Bitcoin trading and mining, which has triggered an exodus of miners into safer locations such as the United States (mainly Texas, which has an abundance of renewable energy).  Province leaders in Inner Mongolia, after failing to meet Beijing’s climate targets, have given Bitcoin miners two months to clear out. In the short term, a hashrate drop isn’t great for the market as a whole, which has already tumbled over 35% in recent weeks. However, setting up shop in more crypto-friendly jurisdictions with better access to sustainable resources could end up being the best long-term solution for miners.  As the availability of cryptocurrency mining and trading facilities in China starts to wane, it’s likely that larger traders will phase over to areas like Hong Kong, Singapore, or the United States, where greater trading flexibility can be found.
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China’s Changing Stance In the past month, China has ramped up its existing disdain for Bitcoin and the cryptocurrency market at large. Beijing recently called for a severe crackdown on Bitcoin trading and mining, which has triggered an exodus of miners into safer locations such as the United States (mainly Texas, which has an abundance of renewable energy). Province leaders in Inner Mongolia, after failing to meet Beijing’s climate targets, have given Bitcoin miners two months to clear out. In the short term, a hashrate drop isn’t great for the market as a whole, which has already tumbled over 35% in recent weeks. However, setting up shop in more crypto-friendly jurisdictions with better access to sustainable resources could end up being the best long-term solution for miners. As the availability of cryptocurrency mining and trading facilities in China starts to wane, it’s likely that larger traders will phase over to areas like Hong Kong, Singapore, or the United States, where greater trading flexibility can be found.

22 hours ago
Huobi Reportedly Slashes Maximum Leverage Following China Regulatory Crackdown
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Huobi Reportedly Slashes Maximum Leverage Following China Regulatory Crackdown

22 hours ago
Bitcoin Buying Spree: Whales Purchased 90,000 BTC in 25 Days
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Bitcoin Buying Spree: Whales Purchased 90,000 BTC in 25 Days

22 hours ago
Bitcoin Investors Less Fearful As Market Sentiment Normalizes After the Mid-May Crash
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Bitcoin Investors Less Fearful As Market Sentiment Normalizes After the Mid-May Crash

23 hours ago
MicroStrategy Could Buy More Bitcoin With $1 Billion Stock Offering
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MicroStrategy Could Buy More Bitcoin With $1 Billion Stock Offering

2 days ago
You Already Have More Than Enough Bitcoin: Peter Schiff Tells Michael Saylor
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You Already Have More Than Enough Bitcoin: Peter Schiff Tells Michael Saylor

2 days ago
Hedge Funds Plan to Allocate 7% of Portfolios in Cryptocurrencies by 2026: FT Survey
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Hedge Funds Plan to Allocate 7% of Portfolios in Cryptocurrencies by 2026: FT Survey

2 days ago
DeFi Yield Farming is Brilliant Says Legendary Investor Mark Cuban
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DeFi Yield Farming is Brilliant Says Legendary Investor Mark Cuban

2 days ago
Ethereum EIP1559 Testnet Block Set
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Ethereum EIP1559 Testnet Block Set

3 days ago