Author Archives: Coin News Asia

Chinese Online Lottery Company 500.com Acquires Bitcoin Miner Maker for $100M

500 com Bee Computing

Chinese online lottery organization 500.com has absorbed Bee Computing, a Hong Kong-enrolled producer of bitcoin mining machines, for $100 million, as indicated by a documentation with the U.S. Protections and Exchange Commission.  500.com, which changed its name to BIT Mining Limited in March, has been discreetly moving its concentration from its striving on the web lottery business to bitcoin mining […]

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Bitcoin Is Still Hot Investment Because of Remittance Capabilities

Bitcoin Remittance

Regardless of whether bitcoin loses favor with the big name patrons assisting with boosting its worth, there are armies of lesser-realized stalwarts remaining close by. That is incompletely on the grounds that the uncontrollably famous digital currency isn’t only a hot investment for fence funders and corporate magnates—it’s become a financially savvy approach to move cash all through the creating […]

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Southeast Asia’s BCMG Genesis Bitcoin Fund-I (BGBF-I) Pledges Support to the Blockchain Commission

BCMG Genesis Bitcoin Fund-I

Southeast Asia’s first protection upheld Bitcoin reserve, BCMG Genesis Bitcoin Fund-I (BGBF-I), has vowed a monetary responsibility of 5% from its yearly presentation into the Blockchain Commission’s Blockchain for Impact Giving Fund, overseen by the PVBLIC Foundation and the Global Partnerships Forum.  The Memorandum of Understanding (MOU) was marked basically on March eleventh, 2021, during the ‘Worldwide Launch of BGBF-I: […]

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Bank of Japan Policy Shift Affect Bitcoin Price in Asian Trading

Bank of Japan

Brokers are becoming acclimated to bitcoin (BTC) purchasing that is concentrated during European hours, with North America lingering behind, and Asia welcoming more vendors. Furthermore, the previous Asia exchanging meeting was no exemption.  “Overnight, the Bank of Japan announced that they would reduce asset purchases in a move that signaled marginal tightening of policy. By the time European markets opened, […]

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Asia Covers 60% of the World’s Crypto Landscape

Asia Crypto Landscape

With regards to digital currencies, Asia represents a colossal number of crypto clients, organizations, miners, dealers, and the sky’s the limit from there. The cryptographic money and blockchain specialist from messari.io, Mira Christanto, clarifies that Asia has apast filled with despots, cash devaluation, [and] capital controls – all ready for disturbance. This has likely prompted Asia being the most dynamic […]

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First Insured Malaysian Bitcoin Fund Opens for Southeast Asian Markets

BGBF-I

South East Asia’s first insured  Bitcoin fund, BCMG Genesis Bitcoin Fund-I (BGBF-I), has formally dispatched to address the developing worldwide premium from institutional and corporate financial backers. This Bitcoin-only asset offers protection inclusion and endorsing for Public Offering Security Insurance (POSI), adding an additional security level to its customers’ speculations. The asset is managed in Labuan, Malaysia.  The asset will […]

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Philippines-based PDAX Accidentally Sells Bitcoin at $6,000 Each

PDAX

Philippine crypto trade PDAX as of late endured an expensive specialized disappointment – one that prompted bitcoin exchanging at 300,000 Philippine pesos (around $6,000) – a rebate of 88% to its present cost.  In the scuffle, a few clients figured out how to purchase at these incredibly low costs and immediately moved the bitcoin (BTC) away from their trade wallets […]

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Bitcoin Price Plunges But Asian Markets Continue to Acknowledge Crypto

Worried Businessman

Bitcoin unexpectedly plunged 17% to beneath $48,000 on Monday in the wake of recording a progression ever higher in the previous week. The main crypto arrived at a $1 trillion market cap on Friday prior to taking off to a record $58,042 on Sunday. Bitcoin immediately recuperated from the dive and was drifting on solid land $54,000 at the hour […]

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Elon Musk Supports Dogecoin Holders to Sell Their Coins

Elon Musk Dogecoin

Subsequent to vouching for Bitcoin, Tesla CEO Elon Musk has now said that if major Dogecoin digital currency holders sell their coins, he will give them his full help.  Dogecoin is a cryptographic money envisioned by programmers Billy Markus and Jackson Palmer, who chose to make an installment framework. Almost 113 billion coins have just been mined.  “If major Dogecoin […]

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Bitcoin Price Nearing the $50,000 Mark In Asia, Other Markets Not So Good

Bitcoin Markets

Markets fell in Asia on Friday on occasion of diminished exchange with financial backers anticipating improvements in US upgrade talks, while bitcoin hit another record as it crawled towards $50,000.  Oil costs additionally withdrew from their 13-month highs after financial backers were given a rude awakening on assumptions for request this year, in spite of assumptions the worldwide economy will […]

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