cryptocurrencies


China to boot bitcoin miners out of Inner Mongolia

China to boot bitcoin miners out of Inner Mongolia

(ATF) Virtual currency mining may completely move away from Inner Mongolia, as China clamps down on bitcoin miners taking advantage of cheap electricity prices, and other factors.Senior officials announced that in order to achieve the 14th Five-Year Plan, energy consumption targets and tasks of the Inner Mongolia Autonomous Region, the …

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Chinese beauty app Meitu joins Tesla in cryptocurrency investing

Chinese beauty app Meitu joins Tesla in cryptocurrency investing

(ATF) Following Tesla's bitcoin investment announcement in early February, that didn't just make headlines but also bumped up its bottom-line, Chinese photo-editing app Meitu Inc has said it too has jumped on the bandwagon.Meitu is the latest company to say it will hold cryptocurrencies as part of its treasury operations, …

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Coinbase listing filing pulls back the veil on bitcoin trading

Coinbase listing details pull back the veil on bitcoin trading

(ATF) Coinbase, the biggest US cryptocurrency exchange, filed to go public via a listing on Nasdaq on Thursday February 25. The exchange made a profit last year and might be able to list at a value close to $100 billion - especially if the recent surge in the value of …

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Bitcoin passes $50,000 as Musk plays with altcoin

Bitcoin passes $50,000 as Musk plays with alt coin

(ATF) Elon Musk is playing his new favourite game again. As bitcoin, the cryptocurrency in which his car company has invested heavily, hit a record the South African billionaire was encouraging followers to dump another of his touted virtual assets, dogecoin.Bitcoin climbed past $50,000 for the first time, extending a …

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OCC ruling signals more innovation for stablecoins, CBDCs

OCC ruling signals further innovation for stablecoins, CBDCs

(ATF) The Office of the Comptroller of the Currency released a letter on January 7 announcing that US banks are now allowed to participate in public decentralized networks and use stablecoins to conduct payment settlements. The letter also added that banks under the jurisdiction of the OCC – which is …

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Musk nod sends altcoin Doge soaring

Musk nod sends altcoin Doge soaring

(ATF) Dogecoin has surged after Tesla CEO Elon Musk said he backed the cryptocurrency.The virtual asset soared 50% after the outspoken billionaire tweeted the word “Doge”. "Dogecoin is the people's crypto" he wrote in a follow-up. "No highs, no lows, only Doge,” came next.That was enough to send the coin …

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S&P; Dow Jones Indices to launch crypto indexes in 2021

S&P Dow Jones Indices to launch crypto indexes in 2021

S&P Dow Jones Indices, a division of financial data provider S&P Global, said on Thursday it will launch cryptocurrency indices in 2021, making it the latest major finance company to enter the nascent asset class. The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on …

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