Crypto News

Powercrypto Choses Hong Kong to Launch Crypto Mining Fleets for BTC & ETH Amid China Crackdown
Chinese authorities are now going hammer and tongs to decimate the crypto mining industry in the country. As a result, some big players are now looking to make Hong Kong their base of operations.

China to Add Cryptocurrency Mining to 'Negative List for Market Access' Making the Industry Off-Limits to Investors
China has proposed adding cryptocurrency mining to the country’s latest “Negative List for Market Access.” This will make cryptocurrency mining an industry that is off-limits to investors, another move by the Chinese government to clamp down on crypto-related activities.

DeFi picks up the pace as alternate blockchains and NFTs boom
On the back of the incredible crypto market recovery and the boom in NFT markets, the DeFi market has grown 18% in October.

Crypto Exchange Binance Terminates Some Services in South Africa After Warning by Regulator
Binance has announced that it is terminating some services in South Africa to comply with regulations. This move followed a warning issued by the South African financial regulator that Binance Group was not authorized to give any financial advice or render any intermediary services in the country.

As Bitcoin inches towards $60K, Q4 may see ‘parabolic moves in all of crypto’
Earlier this week, Bitcoin broke through the psychologically important mark of $50,000 for the first time in a month, causing many investors to turn their eyes to the top cryptocurrency again. The resurgence of interest in bitcoin recently has resulted in higher trading volumes, combined with mega whale moves.

Google to Help Digital Asset Platform Bakkt Introduce Crypto to Millions of Consumers
Digital asset platform Bakkt has announced a partnership with Google “to introduce digital assets to millions of consumers.” With the partnership, Bakkt says consumers will benefit from the “expanded reach and access” to cryptocurrencies.

Cardano and Five Altcoins Set To Outperform Bitcoin As New Phase of Market Cycle Begins, Predicts Crypto Strategist
A popular crypto strategist and trader says six mid-to-large cap altcoins will likely shine brighter than Bitcoin (BTC) in the coming months.
The pseudonymous crypto analyst known in the industry as Capo tells his 173,000 Twitter followers that he expects big moves from the smart contract platform Cardano (ADA).