Monthly Archives: May 2021


China has banned financial institutions and payments companies from offering Bitcoin services to clients, including registration, trading, clearing and settlement, Reuters reported. The ban, which also applies to other cryptocurrencies, was announced in a joint statement from the National Internet Association of China, the China Banking Association and the Payment and Clearing Association of China […]

US miner Blockcap plans to have 40,000 ASICs operational by Q4

Blockcap, one of the largest Bitcoin mining firms in North America, has added more than 12,000 additional Bitmain Antminer S19s to its inventory. The firm — which currently mines approximately 6 Bitcoin (BTC) each day — is now expecting to deploy more than 40,000 Bitcoin miners by the fourth quarter and projects an operational hash […]

Billionaire’s Bitcoin Dream Shapes His Business Empire in Norway

Bitcoin is building a loyalist following in Norway’s industrial heartland, as one of the country’s richest people embraces the ever-controversial cryptocurrency. Kjell Inge Rokke, who started out as a fisherman to build a roughly $5 billion fortune in Norway’s offshore industry, has already revealed his belief that Bitcoin will be “on the right side of […]

Ethereum cryptocurrency passes $4,000 for the first time

On May 5, 2020, one Ether token was worth $186. One year later, on Sunday night, the cryptocurrency hit $4,000 for the first time, a rise of over 2,100%. Though Dogecoin is sucking up most of the world’s cryptocurrency attention, it’s been a huge May for Ethereum already, as Sunday’s milestone comes just a week […]

Bitcoin gets Wall Street’s attention

Bitcoin gets Wall Street’s attention. But its power lies in aiding oppressed peoples. By holding abundance in Bitcoin, Native American people group can develop sovereign monetary frameworks and push toward wiping out dependence on the government. Wall Street is presently in the Bitcoin game. On Tuesday, one of the world’s most significant exchanging bodies reported […]

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