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Cryptocurrency Miners Vote with Their Feet
To say the last few months have been tumultuous for the cryptocurrency industry may be an understatement. But it’s interesting to consider how the cryptocurrency mining industry has proven resilient—at least in the face of legal and regulatory pressure. For instance, in June 2021, the Chinese government banned cryptocurrency mining, citing concerns over its effects on the environment. In response, entire companies simply closed up shop and moved to the United States and several other countries. Since then, the United States has attracted billions of dollars in foreign direct investment to build out cryptocurrency ... (full story)
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From @elonmusk|Jan 25, 2023tweet at 12:59pm: @dogeofficialceo Thank you, Sir Doge! tweet at 11:35am: I for one think @elonmusk is hilarious https://t.co/hsCLhO5ULZ
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From decrypt.co|Jan 25, 2023Circle’s plans to go public last year via a $9 billion SPAC merger failed due to inaction by the United States Securities and Exchange Commission, the crypto firm alleges. The ...
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From cryptopotato.com|Jan 25, 2023Bitcoin’s recent uptrend has paused temporarily upon arriving at the major swing level of roughly $22.8K. Although there are some bullish signs based on the on-chain analysis, ...
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From cnbc.com|Jan 25, 2023Cryptocurrency exchange Luno is the latest company in the industry to make layoffs, setting out to cut 35% of its global workforce. The London-based firm’s CEO, Marcus Swanepoel, ...
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From decrypt.co|Jan 25, 2023Bitcoin evangelist Roger Ver said in a Reddit post yesterday that he has “sufficient funds” to pay now-bankrupt crypto broker Genesis the $21 million he owes, but argued that he ...
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From axios.com|Jan 25, 2023Binance, the world's largest crypto exchange, kept coins in a wallet with others that didn't belong there, raising the specter of company and customer assets commingling. The big ...
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- Posted: Jan 25, 2023 1:23pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 79
