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Hong Kong could be key for China’s crypto comeback: Arthur Hayes
Arthur Hayes, the former CEO of crypto derivatives giant BitMEX, believes the next crypto bull run will start when China moves back into the market, and Hong Kong has a vital part to play in this process. In his Oct. 26 blog post titled "Comeback", Hayes outlined why he thinks th...
Top 3 reasons why Bitcoin hash rate continues to attain new all-time highs
Falling mining rig prices Hash rate relates to the computing power required by Bitcoin miners to mine a block. As a result, a higher hash rate demands stronger mining rigs that could help miners mine a block and earn mining rewards. As global markets recovered from chip...
Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says
The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long-term one, according to forex trader and crypto analyst Alessio Rastani. During the October-December 2022 period, the...
El Salvador's Finance Minister Says Bitcoin Adoption is 'Gaining Ground'
El Salvador's adoption of bitcoin (BTC) as legal tender is working despite the over 50% losses the government has incurred on its purchases, the country's finance minister said. Alejandro Zelaya said in an interview with Bloomberg on Wednesday that bitcoin adoption has been be...
Bitcoin's longest 'extreme fear' streak finally breaks
Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make their way back to the market. The Crypto Fear and Greed Index increased from “extreme...