Author Archives: Coin News Asia

Bitcoin Mining Has Surprising Environmental Implications

Bitcoin Mining Environment

Bitcoin has taken off to new, beforehand impossible highs in the most recent year or two, driving business sector assumption to indeed be taking a gander at the world’s most important digital money. With the worth of eye-watering US$40,000 this week for a solitary Bitcoin, the Bitcoin mining industry is set to get going once more.  Bitcoin mining alludes to […]

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Hong Kong Based BC Technology Group Raises $90M of Top-up Share Placement

BC Group

Morgan Stanley was designated as the sole putting specialist of about 45,000,000 setting shares owned by the firm, speaking to around 13% of BC Group’s given offer capital.  2020 was a bustling year for OSL, an establishment centered computerized resource stage situated in Hong Kong, giving prime financier, guardianship, trade and programming as-a-administration (SaaS). The organization achieved administrative endorsement to […]

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Singapore Steps Up Regulation on Virtual Payments

Singapore Virtual Payments

Any entity that encourages the transmission, trade or capacity of computerized installment tokens (DPT) will currently must be authorized, following improvements to the Payment Services Act, which was passed by Singapore’s parliament.  Such virtual installment suppliers will be liable to extended principles and guidelines set by the Monetary Authority of Singapore (MAS), said Minister for Transport Ong Ye Kung during […]

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Bitcoin Price Greets New Year with 800% Record Surge

Bitcoin Price Surge

Bitcoin, the main virtual money, saw its value pass $30,000 on Saturday unexpectedly. The originally decentralized digital currency passed $30,823.30 at 1313 GMT, subsequent to breaking $20,000 on Dec. 16.  Information from Coin360 and TradingView demonstrated BTC/USD secured $30,000 during exchanging on Friday. Subsequent to hitting new unsurpassed highs of $29,700 overnight, the pair gave no indications of shortcoming, retesting […]

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India Goes Ahead the Crypto Race as Asia’s Second-Largest Bitcoin Market

Crypto India

Something that 2020 will be associated with is the point at which the cryptographic money belief rose up out of its corner and became the overwhelming focus in conversations around innovation, strategy and account. Bitcoin costs have penetrated highs last observed in late 2017. Different governments across the world are putting resources into creating Central Bank Digital Currencies (CBDCs), which […]

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Bitcoin Price’s Rollercoaster Ride Currently in a $1K Drop

Bitcoin Price Down

Bitcoin has fallen abruptly in the previous few hours and is trying a critical degree of damage close to $18,000. At around 06:00 UTC on Dec. 8, the cost of the world’s first digital currency tumbled to around $18,031 from $18,770. It thusly followed somewhat to $18,200. The last time bitcoin encountered a comparative drop was on Dec. 1 after […]

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Singtel Wins One of Singapore’s First Digital Banking Licenses

Singtel

An endeavor between Singapore Telecommunications Ltd (Singtel) and ride-hailing pioneer Grab and Internet customer organization Sea Ltd are among four firms to win Singapore’s first advanced financial licenses, in the city-state’s greatest financial progression activity in twenty years.  The consortium got one of four effective candidates, and its license will permit it to take stores and offer financial administrations to […]

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Asia Markets Resume Rally as Optimism for Bitcoin Price Grows

Asian Markets

Markets energized on Tuesday as financial specialists continued their immunization fuelled purchasing binge, however dealers were held under wraps by the signs of flooding infection contaminations.  Values fell over the world Monday after November’s blockbuster rally — the Dow in New York making the most of its greatest month in right around 34 years — that came because of better-than-anticipated […]

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Chinese Authorities Seize Various Cryptocurrencies Worth $4.2 Billion from Plustoken

Plustoken

Chinese police have held onto more than $4.2 billion worth of crypto resources in its clampdown against the Plustoken Ponzi scheme. As indicated by a court administering, law requirement seized a sum of 194,775 bitcoin (BTC), 833,083 ether (ETH), 1.4 million litecoin (LTC), and 27.6 million EOS. They likewise took 74,167 DASH, 487 million wave (XRP), 6 billion DOGE, 79,581 […]

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