Tags : Emerge

Bitcoin

Could Paraguay emerge as a Bitcoin mining hub after China

Bitcoin miners were dealt a blow in May as the Financial Stability and Development Committee of the State Council of China announced further controls on financial risk. The announcement was the latest in China’s long-running friction with the cryptocurrency industry. But this time, given the Chinese Communist Party’s promotion of its digital yuan, it looks […]Read More

Bitcoin

Call for A $46,000 Bitcoin Emerge on Double Top Breakdown

Bitcoin bulls should prepare for a shock as a confluence of technical indicators readies to send the cryptocurrency price to $46,000. According to independent market analyst Jonny Moe, the BTC/USD exchange rate risks declining to the said level as it declines below the price floors of two classic technical patterns: Double Top and Descending Triangle. […]Read More

Bitcoin

Calls for Bitcoin Plunge Emerge Over Mysterious $1.5bn BTC Transfer

A high-volumed transfer to a Bitcoin exchange wallet made on February 21 has raised calls for a broader price correction among risk-averse traders. An entity (or a group of entities) credited about 28,000 BTC worth over $1.5 billion to an address that reportedly belongs to OKEx’s over-the-counter services. A Twitterati noted that the OTC address […]Read More