Bitfarms, a global company that mines bitcoin, says that the price of bitcoin is one of the most important things for the future of the industry. Bitfarm's Latam General Manager, Damián Polla, said that countries like Argentina, where Bitfarms is building a bitcoin mega-mining center, were a very good place for bitcoin mining companies to end up for a number of reasons.
Kim Dotcom, an entrepreneur and activist, wrote on Twitter on June 5, 2022, that this 'may be the most important thread' he ever writes about a major global collapse. In the thread, Dotcom talks about the economy of the United States and says, 'The U.S. is beyond bankrupt.' Dotcom also talked about the 'Great Reset' and how a 'New World Order' wants to 'shift into a new dystopian future where the elites are the masters of the slaves without the facade of democracy.'
The Stakeholders in Blockchain Technology Association in Nigeria (SIBAN), a Nigerian group that supports blockchain and cryptocurrencies, just said that Nigerian virtual assets service providers will have to follow a code of conduct. The Nigerian President's office came up with the code of conduct, which all Nigerian VASPs must follow.
BTC bulls are on a knife's edge this Sunday, with a tenth red weekly candle still on the line.
An industry investment banker told CoinCryptoUS that deals may need to be repriced.
The price of SOL is still being hampered by its Bitcoin correlation, macro risks, and Solana's downtimes.
According to the latest data from Finder, India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in wealthy countries like the United States and France is substantially lower than in much of the rest of the world.
According to the head of the State Duma Financial Market Committee, the measure 'On Digital Currency,' which aims to thoroughly regulate crypto transactions in Russia, would be a 'difficult' law. Despite the Bank of Russia's decision to abandon its objection to crypto payments, at least when they facilitate Russia's overseas trade amid sanctions, Anatoly Aksakov said in an interview that the legislation has yet to be finalized and would not be examined by lawmakers in the near future.
Bitcoin's price has dropped more than 22% against the US dollar in the previous 30 days, yet its hashrate has maintained above 200 exahash per second (EH/s) during that time. During the last month, 16 known mining pools mined the leading crypto asset, but the top five mining pools had 71.4 percent of the worldwide hashrate.
Mahin Gupta, who previously co-founded Zeb Pay, a well-known Indian crypto exchange, launched Liminal.