Please share if you find this article interesting. Large Mining Farm Discovered in Abandoned Russian Factory - Bitcoin News Mining A large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment. Also read: Bitmain Opens Repair Center in Russia One of Russia’s Biggest Investigating unusual consumption of electricity, police in the Russian city of Orenburg came across one of the largest facilities for cryptocurrency mining in the country. The unknown miners have illegally set up their farm in a closed-down plant, plugging the cables into the nearby trans
Please share if you find this article interesting. Bitcoin Cash Price Technical Analysis – BCH/USD Holding Key Support Key Points Bitcoin cash price is trading above the $1,020 support and is currently in a positive zone against the US Dollar. There is a crucial bullish trend line forming with support near the $1,020 on the hourly chart of BCH/USD (data feed from Kraken). The pair is currently placed just above the 100 hourly simple moving average and $1,050. Bitcoin cash price is trading nicely in a positive zone above $1,020 against the US Dollar. BCH/USD could rise in the near term towards $1,080 and $1,100. Bitcoin Cash Price Trend There was a minor upside break yesterday above $1,040 in bitcoin cash price against the US Dollar. The price traded above the $1,050 and $1,065 re
Please share if you find this article interesting. Bitcoin Price Technical Analysis for 03/13/2018 – Next Downside Targets Bitcoin Price Key Highlights Bitcoin price seems to be having trouble making its way above the broken neckline of the double top. This signals that bears are still very strong and could push price back down to the swing low or extension levels. Technical indicators are also reflecting a slowdown in bullish pressure. Bitcoin price could have more losses in the cards as it failed to bust through an area of interest. Technical Indicators Signals The 100 SMA is above the longer-term 200 SMA to signal that the path of least resistance is to the upside. However, the gap between the moving averages is narrowing to signal fading bullish momentum and a potential downw
Please share if you find this article interesting. Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32% - Bitcoin News Mining Traditional stock investors have just gotten another avenue for indirect exposure to the bitcoin market. A Nasdaq exchange listed former patent management company, Marathon, has changed its focus to ASIC mining and today started producing bitcoin. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Marathon Mining Marathon Patent Group bitcoin mining facility in Quebec Marathon Patent Group, Inc. (Nasdaq:MARA), today announced that it has commenced bitcoin mining at a new facility in Quebec, Canada. Investors seems to greatly approve of this development as the stock is up 32% as of the time of writing a c...
Please share if you find this article interesting. Innovation Marketplaces, Explained What is an innovation marketplace? It’s an e-commerce platform for indie manufacturers. As much as e-commerce has been transformative for consumers, many manufacturers and inventors have been left out of the technological retail revolution. It could be particularly challenging for indie manufacturers and inventors. They often find it difficult to make the leap from the design phase as a garage startup to manufacturing and making their way to the market. This is where innovation platforms come into play. They allow inventors to bypass traditional product lifecycle hurdles, having to compete with established manufacturers and retailers. Innovation marketplaces allow them to sell directly to the
Please share if you find this article interesting. South African Google Searches for Bitcoin Spike Amid Economic Uncertainty Economics Economic uncertainty appears to have spurred a significant spike in the number of South African citizens engaging with bitcoin and cryptocurrency. As of this writing, South African Google searches for bitcoin currently comprising the highest in proportion to country among the top 66 countries by search traffic. Also Read: Physical Bitcoin Mining Hardware Store Bitmart Opens in South Africa South African Searches Relating to Bitcoin Surge The popularity of bitcoin appears to be continuing to grow in South Africa despite the recent declining performance of the leading cryptocurrency. As of this writing, South African Google searches are the hig
Please share if you find this article interesting. 80% of Companies Are Interested in Bitcoin Transactions, Survey Finds - Bitcoin News Economics Another survey has revealed that the business world is eager to start using bitcoin to save on transactions costs and reduce dependence on entrenched systems. However, many companies are still concerned that holding bitcoin will make them a target for hackers. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Survey Says Yes to Bitcoin The Neustar International Security Council, a global forum of cyber security experts launched by Neustar, Inc. (NYSE:NSR), has revealed great willingness to open up to bitcoin in the business sector. A survey found that 80% of companies have an interest in using crypto...
Please share if you find this article interesting. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 12 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. By early February, Bitcoin had plunged about 68 percent from its lifetime highs in mid-December. This fall affected Bitcoin’s popularity, as measured by the number of people searching for it on Google. In the first half of March, Google Trends shows that Bitcoin searches have fallen to their lowest levels since October of last year. It isn
Please share if you find this article interesting. Cryptocurrency Exchanges Are Making Millions from Just Listing Coins - Bitcoin News Markets and Prices Running a major cryptocurrency exchange is a lucrative business. Coinbase is reported to have made over $1 billion last year, and Binance is on course to pull in $850 million annually. While the bulk of these profits come from trading fees, they’re not the only revenue stream: exchanges are also pocketing millions from the fees ICOs and altcoin developers must pay to have their token listed. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Exchanges Are Making a Pretty Penny Most cryptocurrency exchanges don’t publicly advertise their listing fees, though these are known to run into the hundreds of thousan
Please share if you find this article interesting. Former Thai Finance Minister Supports Proposals for an SEC-Regulated Cryptocurrency Sector Regulation The Chairman of the Thai Fintech Association (TFA) and Thailand’s Former Finance Minister, Korn Chatikavanij, has offered his support for recent proposals that Thailand’s Securities and Exchange Commission (SEC) should be tasked with developing and enforcing cryptocurrency regulations. Also Read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Thai Fintech Association Chairman Supports SEC Regulation of Crypto Assets Thailand’s former finance minister has joined the growing chorus of supporters of proposals that the SEC should comprise the regulator for all forms of digital assets. Mr. Korn stated that of Thailand’s