Bitcoin News
Bitcoin mining rig maker Canaan reports huge jump in overseas sales
Chinese Bitcoin mining hardware maker Canaan says overseas sales accounted for almost four-fifths of its revenue during the first quarter of 2021.
Lachlan Keller
Lens
BTC – Bitcoin
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Regulation
‘Green’ crypto mining should be spared crackdown, Canaan chief says
Green crypto mining operations should be spared China’s recent crackdown on the sector, according to the CEO of Canaan Inc.
Lachlan Keller
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Regulation
Is India’s central bank greenlighting crypto? Bitcoin fees fall to new lows. Cardano rolls out Alonzo upgrade for DeFi.
Other top blockchain and crypto news: Thailand’s SEC tries to rein in DeFi via regulation. Will China’s future DCEP digital yuan offer smart contracts?
Forkast.News
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Altcoins
Dogecoin to list on Coinbase Pro
Dogecoin has gained an additional measure of credibility, with crypto exchange Coinbase announcing that it will add DOGE to its professional trading platform.
Lachlan Keller
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Bitcoin News
What’s up with Taproot, the biggest proposed change to Bitcoin since 2017?
Bitcoin's proposed Taproot update for smart contracts and privacy has wide verbal support from miners, but will they put their crypto where their mouth is?
Monika Ghosh
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Crypto Trading and Strategies
Robinhood’s Chinese rivals to launch crypto services abroad
China-based trading apps Futu and Tiger Brokers have announced plans to move into crypto to compete outside China with apps such as Robinhood and eToro.
Lachlan Keller
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Bitcoin News
Bitcoin suffers second-biggest monthly price drop in May
Bitcoin dropped by 37.5% in May after hitting a low of US$34,195 yesterday, the second-largest drop on record after it fell 40% in September 2011.
Lachlan Keller
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Investment Insights
Gold vs. Bitcoin: Which one is better as a safe-haven asset?
Gold prices are rising again and at a three-month high. How does gold — a store of value for over 2,500 years — compare to Bitcoin as a refuge from market turmoil?
Shaun Djie
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Regulation
Bitcoin mining difficulty drops 16% amid Chinese regulatory headwinds
The latest Bitcoin mining difficulty adjustment, made at 1 a.m. UTC on May 30, saw the difficulty of Bitcoin mining drop 15.97%.
Kelly Le
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Compliance Challenges
Crypto sector faces tougher enforcement over sanctions-busting, report says
Sanctions enforcement affecting the cryptocurrency industry has intensified rapidly in the past two years, according to a new report by crypto compliance consultancy Elliptic.
Forkast.News
