Tag Archives for " China "

Berkshire Hathaway: Bitcoin Is Disgusting, Detestable, Noxious Poison

Featured Daily Journal’s annual shareholder meeting usually involves Berkshire Hathaway’s vice chairman, Charlie Munger, giving his overview of things economic. This Valentine’s Day, the 94-year-old right-hand man of Warren Buffett took the opportunity to savage the world’s most popular cryptocurrency, bitcoin. Also read: Citibank India Bans Bitcoin  Berkshire Hathaway Wants Cops Unleashed on Bitcoin If it’s […]

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Five Siberian Power Plants Attracting Crypto Miners With Surplus Electricity

Mining Cryptocurrency miners will soon be able to benefit from surplus electricity and the cold climate at five power plants located in Siberia. Russian energy company En+, which owns those power plants, is already in talks with investors to build crypto mining farms near them. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]

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This Week in Bitcoin: Who Do You Believe?

News The bitcoin space is a constant battle of truth versus untruth, rumor versus fact and optimism versus pessimism. With market manipulators up to their usual tricks and salty altcoiners crying FUD, it can be hard to tell what’s real and what’s fake. This week truly had it all: keks, lies, and videotape beamed live […]

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Japan’s DMM Launches Large-Scale Domestic Cryptocurrency Mining Farm and Showroom

Mining Japanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, allowing the public to tour its mining farm, as well as a mining pool. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies DMM’s Mining Farm in […]

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Hong Kong Cracks Down on Securities Tokens – 7 Crypto Exchanges Targeted

Regulation The Hong Kong Securities and Futures Commission has sent letters to seven cryptocurrency exchanges regarding their listings of securities tokens without a license. Most of the exchanges took immediate rectification measures, including removing problematic cryptocurrencies from their platforms. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Hong Kong Takes Action The […]

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Markets Update: Cryptocurrencies Start Forming a Well Defined Uptrend

Market Updates Cryptocurrency markets are starting to slowly inch back upwards after many digital assets lost roughly 40-70 percent of the values they held two months ago. Bitcoin core markets (BTC/USD) reached a low of $5,920 this past Monday, but as the weekend approaches the price has regained strength hovering around $8,250-8,450. Moreover, the price […]

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No Strong Case to Ban Crypto Trading, Singapore Says

Economy & Regulation The Monetary Authority of Singapore has been studying cryptocurrency developments and there is no strong case to ban crypto trading, a high-ranking government official told lawmakers. The adoption of regulations in other countries in the region has increased pressure on authorities in the city-state to clarify their stance on bitcoin, as more […]

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Asian markets shoot higher following Wall Street’s rebound

Asian stocks rebounded Wednesday after equities in the U.S. roared back in a late-day rally, as investors returned to buying into weakness. “The only surprise about the current market volatility is that it hasn’t happened sooner,” said Richard Titherington, chief investment officer for emerging-market stocks in Asia at J.P. Morgan Asset & Wealth Management. Stocks […]

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