Miners relocating out of Bitcoin mining regions in China have flooded the market with second-hand mining machines to the detriment of Bitmain’s new devices. Most miners are now looking to move to Texas or Kazakhstan Bitmain Technologies Ltd, a global leader in the manufacture of mining rigs, has reportedly halted sales on its Bitcoin mining machines. The Chinese-based company … [Read more...] about Bitmain Halts Sales Of Bitcoin Mining Rigs Amid China’s Crackdown
Halts
Turkish crypto exchange halts trading amid reports of police raid
Major Turkish cryptocurrency exchange Thodex has abruptly halted trading and withdrawals amid reports of police raids, Cointelegraph Turkey reported on Thursday.Thodex posted an official announcement on Twitter on Thursday, informing users that it has halted transactions for a period of four to five days. According to a statement, the platform stopped trading and withdrawals … [Read more...] about Turkish crypto exchange halts trading amid reports of police raid
Bitcoin rebounds to $56K as Dogecoin price halts at 420% weekly gains
Bitcoin (BTC) saw a staunch comeback on Tuesday thanks to fresh bullish news from PayPal combined with solid on-chain indicators. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView#Doge420 aims to sprout $4.20 DogecoinCointelegraph Markets Pro and TradingView showed BTC/USD bouncing to $56,000 during Tuesday trading, hours after hitting local lows of $53,300.With … [Read more...] about Bitcoin rebounds to $56K as Dogecoin price halts at 420% weekly gains
EMX Exchange Halts Trading of USOIL-Perp After Crude Oil Crash
In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory. Such an event had not been anticipated by the team at the EMX exchange. The team halted trading of its USOIL-Perp contract. Trading of the perpetual contract is yet to be reopened as the team decides on a way forward. Yesterday’s price movement of US … [Read more...] about EMX Exchange Halts Trading of USOIL-Perp After Crude Oil Crash