Author Archives: Coin News Asia

Bitcoin Price Rises Past $11,000 Mark Amid China Crypto Reluctance

Bitcoin Price China

Bitcoin (BTC) has passed $11,000 (£9,047.50) for the first time since mid-July on Monday. The digital currency has come to $11,860 (£9,754.85) in what is in excess of a three-week high. CoinMarketCap puts the estimation of BTC as now representing around 70 percent of the worldwide digital currency showcase. This comes as risk resources over Europe, North America and Asia […]

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Taiwan Issues First Banking Licenses to Consortiums

Taiwan Banking

Things are looking up for Taiwan. Cypherpunks Taiwan has effectively raised another Bitcoin satellite beneficiary. The island country is evidently just the second nation in Asia to do as such after Japan pipped it to the post a year ago. Meanwhile, monetary experts in Taiwan declared that they had issued the initial three virtual financial licenses to consortiums driven by […]

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Bank of China to Raise Bitcoin Awareness

China Bitcoin Awareness

China’s antagonized view of Bitcoin is being reversed, albeit circumspectly. One of the nation’s driving monetary foundations, the Bank of China (BoC), has made positive remarks on Bitcoin. The bank discharged an infographic enumerating the worth, use, and how digital currency, like Bitcoin for instance, works. The crypto network rushed to point to the developing help from improbable places. For […]

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Iran Announces National Cryptocurrency Backed by Gold

Iran Paymon Gold

Cryptocurrency in 2019 is, without a doubt, turning into a political hot potato. This is on the grounds that legislatures have understood that they can’t bear to disregard digital currency. The declaration of the Libra venture by Facebook, specifically, has brought extraordinary administrative consideration. The Tehran News office has announced that Iran expects to dispatch a gold-upheld cryptographic money. This […]

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Bitcoin Price Dips Below $10,000 as APAC Companies Remain Doubtful

Bitcoin Price Fall

The cost of bitcoin fell beneath $10,000, starting a fierce auction over the crypto showcase.  Following the underlying plunge, the bitcoin price tumbled down to $9,180, before recapturing a portion of its worth, ascending to $9,700. Therefore, its market top has tumbled down to $170 billion. Additionally, a lot of the all-out crypto market top has continued developing, up to […]

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China Police Arrest Bitcoin Miners for Stealing Electricity Worth $3m

China Bitcoin Mining Electricity

Police in eastern China have busted a ring of illegal bitcoin miners who stole almost $3 million worth of power to create the advanced money, provoking a neighborhood influence organization to warn agents, specialists said Friday. A decentralized virtual money, bitcoin can be delivered or “mined” by banks of PCs solving complex algorithm. The mining procedure can be over the […]

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Binance Cryptocurrency Exchange to Launch Futures Trading

Binance Futures Trading

Binance, the world’s biggest cryptocurrency exchange by exchanging volume, is soon to dispatch futures trading. The administrator of Binance’s forthcoming U.S. crypto trade, BAM Trading Services, has procured a previous Ripple official as its CEO. BAM reported it had named Catherine Coley as CEO, will’s identity in charge of taking off Binance U.S., just as extending the trade’s commercial center […]

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Iran Seizes 1,000 Bitcoin Mining Computers Due to Energy Consumption Spike

Bitcoin Mining Iran

In the wake of distinguishing a surprising spike in energy utilization, Iranian specialists seized about a thousand PCs being utilized to mine digital currency from two deserted manufacturing plants, following a spike in power utilization, as indicated by the nation’s state media.  According to the report, June has seen an expansion of intensity request by 7%, and Iranian Energy Ministry […]

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