chinese

APENFT Announces Strategic Partnership With BAYCTron; Tron’s Justin Sun Follows Closely

Source Node: https://bitcoinist.com/apenft-announces-strategic-partnership-with-bayctron-trons-justin-sun-follows-closely/?utm_source=rss&utm_medium=rss&utm_campaign=apenft-announces-strategic-partnership-with-bayctron-trons-justin-sun-follows-closely
Time Stamp: September 26, 2021 9:13 AM - Modified On: September 26, 2021 - Published By:
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Republished By Plato

After its highly anticipated marketplace launch, Bored Ape Yacht Club Tron and APENFT Foundation joined forces through a strategic partnership meant to incentivize further the development of promising NFT works on the Tron ecosystem. This collaboration arrives as BAYCTron kicks off its Mutant Apes minting campaign. A series of 15,000 primate-inspired collectibles have been put up for sale following a stunningly fast minting of 10,000 unique artworks earlier this month. With its first collection, Bored Ape Yacht Club Tron supported by Palmar Labs placed itself among the fastest-selling collections on

China: Is the PBoC’s new ‘reminder’ on Bitcoin’s status really new

Source Node: https://ambcrypto.com/china-is-the-pbocs-new-reminder-on-bitcoins-status-really-new/
Time Stamp: August 27, 2021 9:30 PM - Modified On: August 27, 2021 - Published By:
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“We remind the people once again that virtual currencies such as Bitcoin are not legal tenders and have no actual value support.” The People’s Bank of China [PBoC] has once again raised an alarm about the use of cryptocurrencies in light of its recent crackdown. According to local reports, the central bank took a shot at Bitcoin, commenting that such virtual currencies cannot compete with existing legal tender. Yin Youping, Deputy Director of the Financial Consumer Rights Protection Bureau of the PBoC, argued that cryptos are not backed by any

Chinese province to cut off Bitcoin miners from hydropower stations

Source Node: https://cointelegraph.com/news/chinese-province-to-cut-off-bitcoin-miners-from-hydropower-stations
Time Stamp: August 23, 2021 7:44 AM - Modified On: August 23, 2021 - Published By:
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Republished By Plato

Regulators from Yingjiang County in Yunnan, China have issued strict warnings to hydroelectric plants against supplying power to enterprises involved in Bitcoin (BTC) mining. A recent report claimed that the Office of the People’s Government of Yingjiang County issued notice to hydropower plants to strengthen oversight on Bitcoin mining operations. According to the announcement, the power plants have been given until Tuesday, Aug. 24, to delist mining companies from their grid’s “illegal” supply. After the given deadline, the county reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments

Individual Investors Responsible for Crypto Resurgence, Says Analyst

Source Node: https://beincrypto.com/individual-investors-responsible-for-crypto-resurgence-says-analyst/
Time Stamp: August 16, 2021 12:05 PM - Modified On: August 16, 2021 - Published By:
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Republished By Plato

The resurgence of cryptocurrencies like Bitcoin, Ether and Dogecoin in the past few weeks is largely due to renewed interest from individual retail investors.Sponsored Sponsored Bitcoin reached above $48,500 on August 14, the highest it has been since May 16. This price point means a gain of 290% year-on-year, which came to 644% for Ether and 1,431% for newly minted third place Cardano. Meanwhile, meme-crypto Dogecoin is up 9,157 year-on-year, according to CoinGecko data. However, behind the recent moves is a resurgence in interest from individual retail investors. According to

US dollar downturn aids Bitcoin bulls before $50K BTC price showdown

Source Node: https://cointelegraph.com/news/us-dollar-downturn-aids-bitcoin-bulls-before-50k-btc-price-showdown
Time Stamp: August 11, 2021 12:00 PM - Modified On: August 11, 2021 - Published By:
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Bitcoin (BTC) challenged $46,800 on Aug. 11 as a weakening U.S. dollar added to bullish momentum.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Aiming for $50,000"?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $46,787 on Bitstamp Wednesday, a hair short of the previous day's peak.Fresh from voting day on the U.S. infrastructure bill, something which ultimately failed to move the market, Bitcoin showed no signs of bearishness as it returned to the door of major resistance beginning at $47,000.USD performance post bill on the day provided another potential catalyst

China Situation Not as Bad, Bitcoin to Reclaim $60K In 2021: Interview with OKEx

Source Node: https://cryptopotato.com/china-situation-not-as-bad-bitcoin-to-reclaim-60k-in-2021-interview-with-okex/
Time Stamp: July 12, 2021 11:36 AM - Modified On: July 12, 2021 - Published By:
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CryptoPotato had the opportunity to host a discussion with Lennix Lai – the Financial Markets Director at OKEx. Established in 2017, OKEx is one of the leading cryptocurrency exchanges in the world by means of trading volume and is also a big player in China. We took the opportunity to discuss, first hand, what’s currently going on in the market from both a retail and institutional perspective, as well as what’s actually happening in China. [embedded content] $60K Bitcoin In 2021 After Bitcoin lost around 50% from its all-time high

Efforce (WOZX): Apple Co-Founder Steve Wozniak’s Cryptocurrency

Source Node: https://www.coinbureau.com/review/efforce-wozx/
Time Stamp: December 12, 2020 10:52 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Every so often a cryptocurrency is released that makes you a do a double take. Efforce (WOZX) is certainly one of those cryptocurrencies. Efforce was founded by world famous Apple co-founder Steve Wozniak, and WOZX cryptocurrency token went from a price of 10 cents USD to over 3$USD in its first days on the market. In just the first 13 minutes of trading, WOZX had an unrealized market cap of 950 million USD.Although this price action made the headlines both inside and outside of the cryptocurrency space, it seems that

Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/bull-runs-mining-and-tor-attacks-bad-crypto-news-of-the-week
Time Stamp: August 15, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Last week, the Bitcoin news was all about lift-off. This week, it’s all about the leveling off. Bitcoin ends the week around $11,400, a fall of about 2.7 percent over the last seven days. That drop included a correction of $700 in one day so the question now is whether the bullish moment has gone or will Bitcoin push on to $15,000? Its first mission will be to break the resistance at $12,000. Bitcoin failed to do that twice in ten days but consolidated after each failure, which some experts believe