A June 2 report by Reuters revealed that a StanChart PLC unit is looking to establish a crypto brokerage and exchange platform in Britain and Europe. The new exchange will target institutional clients. Targeting Crypto Adoption The crypto platform will be created under a joint venture between BC Technology Group, which runs the Hong Kong-licensed crypto exchange OSL, and SC […]

Data from Bitinfocharts shows that the last month had very low Bitcoin fees around $7.27 from highs of $64 per transaction. Meanwhile, the government of Argentina has brought about generous electricity subsidies that are turning more citizens into Bitcoin miners amid economic uncertainty. Electricity Subsidies at Large While various nations have seen crypto mining spikes this year, ultra-low utility prices […]

Crypto entrepreneur Bobby Lee recently released a new book discussing Bitcoin, crypto, and predictions about the possible prospects of Bitcoin. The book dubbed ‘The Promise of Bitcoin’ outlines some of the greatest benefits of using crypto, including the rights of consumers and project owners.  History on Currency and Educational Information This book is created with in-depth educational information on the […]

India’s Central Bank (RBI) has ordered commercial banks to not in any way hamper crypto trading in a new circular. “It has come to our attention through media reports that certain banks/ regulated entities have cautioned their customers against dealing in virtual currencies by making a reference to the RBI circular DBR.No.BP.BC.104/08.13.102/2017-18 dated April 06, 2018,” the bank said before […]

Bitcoin users are familiar with the general critical sentiments tied around the asset, the majority of which is environmental sustainability. The debate surrounding Bitcoin’s energy usage has stirred up different theories from market players. Essentially, environmental disasters that could hinder business, like the case of blackouts in Iran have been the most recent case for concern. However, according to Qi […]

Tweets on Bitcoin Hint of Fear and Panic by Crypto Traders The team at Santiment feed also explored the current sentiment surrounding Bitcoin on Twitter and concluded that the ongoing FUD has caused crypto traders to enter into panic mode. They also cited that the Bitcoin funding rate on Bitmex had gone into record-breaking territory of -0.25% that indicates that […]

Iran has become the first country in the world to temporarily ban bitcoin mining after a drought led to dams producing 57% less energy than last year. This has caused considerable blackouts blamed on numerous factors, including crypto mining with Iran’s President Hassan Rouhani stating on TV: “The ban on the mining of cryptocurrencies is effective immediately until September 22… […]

700,000 solar panels (pictured) that can power 40,600 single family homes are to be rolled out in Butte, Montana, pending zoning permits. The project is by Madison River Equity LLC which is seeking a special use permit from the Butte-Silver Bow Zoning Board to install a 1,600-acre solar array, the Basin Creek Solar Project, on private ranchland in south Butte. […]