According to Statista, in 2020, over 55% of all Americans were investing in stocks. Dozens of trading platforms have emerged over the years, each offering a wide scope of functionalities and lucrative terms for new investors such as sign-up bonuses. Albeit the easy accessibility to everyone who wishes to get into it, trading is far from simple.
The Inner Mongolian province of China has become the first in the country to introduce enforcement measures against heavy Bitcoin mining in the region after the central government called for a crackdown on Bitcoin mining in the country last week. While the Chinese government’s crackdown on crypto trading and mining is nothing new, the industry
Cryptocurrency has revolutionized the future of monetary exchange. The recent upsurge in crypto adoption speaks volumes about its popularity as a trading tool in these current times. This kind of escalated adoption is quite well-grounded, Read more
In the wake of this week’s panic sell-offs, user interest for cryptocurrencies has surged to a new all-time high, but not in a good way, according to Google. According to Google Trends, an analytic tool allowing users to measure the frequency of various search queries, search topics such as “what happened to cryptocurrency today,” “should […]
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China is the epic center of Bitcoin mining despite the government’s ban on Bitcoin and crypto trading in the country. Chinese mining pools currently contribute more than 60% of the Bitcoin network’s hash power, but that could change for good as the central government is increasing crackdown on Chinese provinces known for housing some of
Jiang Zhuoer, the operator of one of the leading Chinese mining pools Lebit Mining in a recent statement said that his firm would no longer avail joint mining service to Chinese investors amid a growing crackdown on Bitcoin mining by the authorities. The operator also revealed that they are planning to move to North America.