Sichuan Shutdown Order Cripples Chinese Bitcoin Mining Pools
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…
BitClout: Crazy Like a Fox?
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…
Cryptocurrency Market Shrinks as China Continues Crackdown on Mining and Trading Activities
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…
Uniswap Reaches Bearish Exhaustion as Sellers Threaten to Short
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…
Polkadot Revisits Previous Low at $20, Faces Rejection at $26
Polkadot (DOT) has fallen to $22 low from the previous high of $29. Since the crypto began falling, DOT price was making a series of lower highs and lower lows.
Spanish Deputies File Proposal to Accelerate the Creation of a Digital Euro
A group of Spanish deputies filed a proposal that seeks to accelerate the implementation of a digital euro. The proposal, presented on June 8, asks for the creation of a…
Ledger Customers Are Being Mailed Fake Wallets to Steal Their Private Seeds
Ledger customers are receiving fake wallets by mail to steal their cryptocurrency. A user in Reddit reported receiving a suspicious package that claimed to be mailed by Ledger. The package…
