Throughout this week, false reports regarding the legality of bitcoin and cryptocurrency mining have emerged. Local sources have revealed that bitcoin mining is not banned as of yet.
A bitcoin mining company in Singapore is seeing a rising number of customers purchasing mining rigs as the cryptocurrency gains in value.
HydroMiner is the new benchmark for Austrian ICOs
It’s been a crazy week for cryptocurrency enthusiasts as the digital asset ecosystem is still reeling over the canceled Segwit2x fork that was expected to take place on the Bitcoin network next week. Over the course of the past few weeks leading up to the planned 2MB Segwit2x hard fork, Bitcoin Cash (BCH) markets have doubled in value after hovering around $300 per BCH for weeks. Now the market has stabilized around the $625 region as the BCH network participants prepare for their own fork that’s just four days away.
Bitcoin ABC has proposed a hard fork of the Bitcoin Cash protocol to correct problems associated with the cryptocurrency’s Emergency Difficulty Adjustment (EDA) algorithm.
GBMiners, India’s largest bitcoin mining pool operator, has clarified that the company has not pulled out from the SegWit2x (NYA) agreement.
Earlier today, on October 22, the bitcoin price declined from $6,150 to $5,880, recording a minor correction after achieving a new all-time high at $6,199.
Bittrex, the world’s third largest cryptocurrency exchange by trading volume behind Bitfinex and Bithumb, officially announced that it will not list Bitcoin Gold (BCG) trading upon its hard fork in November.
FundStrat Global Advisor co-founder Tom Lee turned heads when he first predicted that the bitcoin price could reach $25,000 by 2022, but he has maintained this bullish stance even amid the severe downturn that immediately followed China’s ban on initial coin offerings and bitcoin exchanges.
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