Bitcoin Hits $37k Level After El Salvador’s Endorsement

The first and the most valuable amongst cryptocurrencies, Bitcoin, is a virtual/digital currency that uses cryptographic technology to regulate and issuance of currency units. Developed by Satoshi Nakamoto, who first felt the need for an e-payment system based not on trust but cryptographic proof, one can buy, sell or trade BTC directly without an intermediary […]

China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down

Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate. Similarly, the Qinghai Industry and Information Technology Department’s document explains bitcoin mining operations cannot operate in the area. Qinghai Province […]