Crypto Miners Look to Norway and Sweden for Energy Savings
Cryptocurrency miners are reportedly looking to move their operations to Norway and Sweden, with hydroelectricity and other renewables from more developed European countries allowing for cheaper electricity tariff’s beneficial to profits as electricity is the main overhead. Iceland has been a popular location due to the low temperatures which naturally dissipate the heat that is […]
Crypto Asset Manager Says Bear Market Coming to an End
Managing director of Crypto Asset Management, Timothy Enneking, said Monday that he believed the poor trading conditions in the cryptocurrency market were largely over. He cited several reasons behind his prediction. Firstly, he theorized that many investors benefitting from the massive gains in the market last year, notably Bitcoin, chose to consolidate their profits and […]
EU Urged to Embrace Blockchain Technologies
Vice president of the European Commission (EC) Andrus Ansip has called for Europe to become a world leader in blockchain technology. Ansip said this at the EC’s Digital Day 2018 convention in Brussels on 10 April. Ansip, who is also European Commissioner of the Single Digital Market, told the convention that Europe’s position as a […]
Winklevoss’s Gemini Integrates Block Trading for Crypto Whales
Trading platform Gemini, founded by the Winklevoss twins, announced Monday the introduction of block trading, with the goal of facilitating trades for those looking to exchange large sums of cryptocurrency. As more institutional traders enter the market, publicly-open trading exchanges are not equipped to facilitate their substantial currency transactions and are extremely sensitive to high-value trades that […]
UK Financial Conduct Authority to Deliver Crypto Regulation Analysis in 2019
The United Kingdom’s cryptocurrency regulation is slowly taking shape as its Financial Conduct Authority (FCA) has announced that they will be analyzing the risks and benefits of blockchain technology and cryptocurrencies. Regulation in the UK The FCA, Bank of England and the UK Treasury are working together on a discussion paper for cryptocurrencies which will […]
Bitcoin at over $100,000 Says Wall St Veteran Max Keiser
In a conversation with Bitcoinist, Max Keiser, American broadcaster, filmmaker and Wall Street Veteran, has said that he envisages that the crypto giant Bitcoin “will top USD 100,000”. Timothy Maxwell ‘Max’ Keiser currently hosts the Keiser Report on Russian state media channel RT. Until 2012, Keiser anchored the news analysis program On the Edge on […]
