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New Plant to Assemble Mining Rigs in Belarus

Mining Plans to build a new manufacturing facility for mining equipment have been announced in Belarus. It will be situated in the Chinese-Belarusian Industrial Park, currently under construction in the “Velikiy Kamen” special economic zone. The plant will be assembling mining rigs with cooling systems utilizing excess heat. Also read: Two Russia

Pump and Dump in Crypto: Cases, Measures, Warnings

The pump and dump, an age-old scheme to quickly raise the value of a worthless asset and then selling it to reap the profits from the price increase. Not only is the pump and dump illegally under the securities laws, but it is also extremely popular in the world of Blockchain technology, cryptocurrency, and digital assets.How does it workIn a pump and dump scheme, the price of a worthless asset-us

Altcoin Analysis: NEO, EOS, LTC, DASH and Lumens (XLM)

We are seeing a change of fortune as far as price action and altcoins is concerned. LTC, Lumens and DASH are on the fore front printing clear bull patterns that awaits confirmations today.Besides these three, we remain neutral on EOS unless we see a close above $9.5 while NEO is also encouraging as scalpers can enter this trade and aim at $130 in the short term.Let’s have a look at these charts:

Asian Altcoin Trading Roundup: Nano is Leading the Way

There has been an unexpected turnaround this morning and the markets have rebounded a little. Weekends are usually times when selloffs occur, led by Asia, but today everything is in the green once again. Bitcoin is leading the pack with a 7.5% recovery on yesterday’s prices to $10.500, altcoins have followed it back up, many by double digits. One as usual stands out from the rest and it is one w

An Ethereum Classic Fork Snapshot Is Coming Next Week

Altcoins Next week the ethereum classic (ETC) community is expecting to receive coins from a ‘snapshot’ fork called ‘callisto’ (CLO). The clone will be an exact copy of the ETC chain up until block 5,500,000 and ETC holders will receive a 1:1 ratio of CLO coins.Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Medi

Crypto Markets Continue Experiencing Slump, BTC Dips Below $10,000

Crypto markets have continued their slump, with Bitcoin (BTC) briefly dipping below $10,000 today, Feb. 22, and altcoinEthereum (ETH) edging closer to $800, according to data from CoinMarketCap.Total market cap is down as well, around $430 bln by press time, down from last week when it broke $500 bln.Bitcoin is currently trading a little over $10,000, down almost 7 percent over a 24-hour period by

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Venezuela’s On-and-Off Love Affair With Cryptocurrency Mining: It’s Complicated

If you want to see first hand how cryptocurrency functions in a market outside of speculative investing, right now, Venezuela is an interesting place to look.“Venezuela could become a case study repeated all over the world under certain conditions,” said Jeffrey A. Tucker, editorial director of the American Institute for Economic Research (AIER), in correspondence with Bitcoin Magazine. “Cry

Stablecoin Done Right for Traders Miners and Merchants

The crypto world needs a stablecoin it can trust. In case you are new to this game, let’s explain that a little further. No, we’re not talking about making Bitcoin, Ethereum et al less volatile. That’s something that will likely come with age. Instead, we are talking about solving a problem that confronts all crypto traders – where to hide when the going gets tough?The market is falling pr

Bitcoin Market Dominance Rises, Transaction Fees Fall

The ratio of Bitcoin’s market dominance compared to all other digital currencies has generally getting smaller since early 2017. This period can be considered the ‘big bang’ for cryptocurrencies, when they literally all exploded onto the scene and inflated into the virtual universe. Over the past week however Bitcoin’s dominance has picked up and its transaction fees have fallen.Over the f

Asian Altcoin Trading Roundup: Top Cryptocurrency is Nano

The markets have continued correcting during the Asian trading session this morning. Bitcoin continues with its slow sell off but the some of the altcoins seem to be accelerating downwards at a faster rate. BTC seems to have found support at $10,500 and has headed upwards slightly however it is still down around 2% on the day. Most altcoins are also down except one which is pretty rampant right no

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