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Market News

Dogecoin Asset of the Year, Says Crypto Exchange CEO – Here’s Why

  • Post author:Auto News Feed
  • Post published:June 21, 2021
  • Post category:Market News

The 29-year-old billionaire CEO of crypto derivatives exchange FTX considers the meme cryptocurrency Dogecoin (DOGE) the asset of the year. In a new interview on The Jax Jones and Martin…

Continue ReadingDogecoin Asset of the Year, Says Crypto Exchange CEO – Here’s Why
Read more about the article Long on Bitcoin, Ethereum and PolkaDot: Inside China’s Most Successful Crypto Venture Firm

Long on Bitcoin, Ethereum and PolkaDot: Inside China’s Most Successful Crypto Venture Firm

  • Post author:Auto News Feed
  • Post published:June 20, 2021
  • Post category:Market News

One of the most successful Chinese crypto venture firms—perhaps the most successful—is Continue Capital. Intentionally, the name of the company, 肯定牛, is a homonym that sounds like the Chinese words…

Continue ReadingLong on Bitcoin, Ethereum and PolkaDot: Inside China’s Most Successful Crypto Venture Firm
Read more about the article Miami Tries to Lure China’s Bitcoin Miners—Will They Bite?

Miami Tries to Lure China’s Bitcoin Miners—Will They Bite?

  • Post author:Auto News Feed
  • Post published:June 20, 2021
  • Post category:Market News

Chinese Bitcoin miners account for 65% of the network’s hashrate. But as their government pulls the plug on much of their industry, Chinese mining farms may have to move abroad…

Continue ReadingMiami Tries to Lure China’s Bitcoin Miners—Will They Bite?
Read more about the article Sichuan Shutdown Order Cripples Chinese Bitcoin Mining Pools

Sichuan Shutdown Order Cripples Chinese Bitcoin Mining Pools

  • Post author:Auto News Feed
  • Post published:June 20, 2021
  • Post category:Market News

Hash rates of some of the biggest Bitcoin mining pools in China have dropped by up to 37% after Sichuan ordered energy companies to stop providing power to mining farms…

Continue ReadingSichuan Shutdown Order Cripples Chinese Bitcoin Mining Pools
Read more about the article BitClout: Crazy Like a Fox?

BitClout: Crazy Like a Fox?

  • Post author:Auto News Feed
  • Post published:June 20, 2021
  • Post category:Market News

BitClout is making a move. The controversial crypto-based social network earned a pair of prominent endorsements this week from Coinbase CEO Brian Armstrong and a partner at the influential VC…

Continue ReadingBitClout: Crazy Like a Fox?

Cryptocurrency Market Shrinks as China Continues Crackdown on Mining and Trading Activities

  • Post author:Auto News Feed
  • Post published:June 20, 2021
  • Post category:Market News

As China is continuing to crack down on Bitcoin and cryptocurrency mining and trading, more provinces in the country are implementing the decision. However, in an attempt to stop such…

Continue ReadingCryptocurrency Market Shrinks as China Continues Crackdown on Mining and Trading Activities

Uniswap Reaches Bearish Exhaustion as Sellers Threaten to Short

  • Post author:Auto News Feed
  • Post published:June 20, 2021
  • Post category:Market News

Uniswap's (UNI) price has fallen to $19.58 low and pulled back. The downtrend has reached bearish exhaustion as buyers emerge in the oversold region. The current downturn has been ongoing…

Continue ReadingUniswap Reaches Bearish Exhaustion as Sellers Threaten to Short
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