How about paying for your Taco Bell order with Dogecoin? Or some of Whole Food’s avocado ice cream with Bitcoin. That’s the goal of a new partnership between crypto payment processor BitPay Inc. and Verifone Inc., one of the world’s largest providers of those little machines you use to pay via a credit card or…
In recent years, trading has gained widespread popularity. More and more people are considering it as a suitable option for additional income or even the main source of profit. However, entering this field can be difficult. Here are crucial tips that can help you not only start your journey in trading but also stay in…
Beijing’s new blanket ban on all cryptocurrency trading and mining – the broadest yet by a major economy – has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese clients. Shares in a range of Chinese crypto-related firms plunged on the ban which closes off loopholes left in previous regulatory…
The cryptocurrency market made a swift comeback from the turbulence last week triggered by China’s latest crackdown volley, with the likes of Bitcoin and Ether recouping most of their losses on Monday. Bitcoin rallied to about $44,000 as of 1:35 p.m. in Hong Kong, near the level when the People’s Bank of China on Friday…
China’s fiercest shot yet across the bows of the cryptocurrency world appears to have left investors mostly unruffled. Though Bitcoin and some of its peers tumbled Friday after the People’s Bank of China issued a statement banning crypto transactions and vowing to root out the mining of digital assets, they have largely rebounded since. Bitcoin…
In today’s turbulent economic conditions, investments are essential for safeguarding your future. The right types of investments can be a great source of passive income. Also, they help grow and diversify your income, as well as maximize your retirement savings. But there are various factors that can take a toll on the overall value of…
By Samuel Shen and Andrew Galbraith SHANGHAI (Reuters) – Cryptocurrency exchanges and providers of crypto services are scrambling to sever business ties with mainland Chinese clients, after Beijing last Friday issued a blanket ban on all crypto trading and mining. In a culmination of years of efforts to rein in the sector, 10 powerful Chinese…
Amid a heated debate over Bitcoin’s environmental toll, two companies say they have an answer on mitigating some of the negative effects: Nuclear energy. Power startup Oklo Inc. said it’s partnering with Bitcoin mining and hosting firm Compass Mining to introduce advanced fission to the energy-intensive process of minting new coins. It’s an effort, the…
BEIJING (Reuters) – Chinese cryptocurrency exchange Huobi Global said on Sunday it had stopped taking new mainland customers from Friday and would end contracts with mainland clients by the end of the year to comply with local regulations. China’s regulators intensified a crackdown https://www.reuters.com/world/china/china-central-bank-vows-crackdown-cryptocurrency-trading-2021-09-24 on Friday, banning cryptocurrency transactions and mining, clarifying that overseas exchanges…
Huobi, China’s largest Bitcoin exchange, has halted new registrations for domestic users, taking one of the first actions to comply with Beijing’s latest crypto ban. The exchange operator has stopped letting traders use mainland China mobile numbers to register new accounts, after the People’s Bank of China said Friday all crypto-related transactions will be considered…
