Lawrence Summers, the former US Treasury Secretary and the former Chief Economist of the World Bank recently appeared on Bloomberg where he said that cryptocurrencies are here to stay and Bitcoin may become “fundamental to commerce on the Internet.” Summers said that just like Gold Bitcoin could become a choice as an inflation hedge and

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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

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The cryptocurrency market is experiencing incredible growth in the past year and a half, rivaled only by the ICO craze of 2017.

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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.

The post China’s Largest Miner Plans to Move to North America Amid China’s Crackdown on Bitcoin Mining appeared first on Coingape.

The post Dogecoin Price Continues To Dip! Is The $1 Target Still Feasible? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Dogecoin price since the recent dip below $0.25, recovered the losses at a greater pace, yet trading within a very narrow range. No doubt, Tesla CEO Elon Musk’s yet another attempt to uplift the price was quite successful, yet the price appears to be slowly moving south. Amid the bearish divergence of DOGE price, the …

Teucrium files an application to SEC for a Bitcoin Futures ETF in order to assist investors in opening positions based on the asset's potential value.