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CFTC Chairman Heath Tarbert Announces He Will Step Down Early Next Year
Heath Tarbert, the chairman of the U.S CFTC, has announced that he will leave the agency, thus setting the stage for Biden to choose another chairperson.
China's Bitmain shows Bitcoin Mining remains Profitable After Posting $300 Million in Revenues
Bitmain, one of the largest mining equipment makers globally, has reported revenues of $300 million thus far in 2020. While its business has faced turmoil in recent times, the core strategy continues to reap benefits.
Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar
Veteran technical trader Peter Brandt cashed out his stock and Bitcoin portfolio just before the market crash on 3rd September.
Aave Makes History as Core Developers Transfer Governance to Token Holders
DeFi project Aave, has transferred the protocol’s governance rights over to its token holders, allowing the community to control the future of the network.
Is Bitcoin Finally Decoupling from S&P 500? BTC Soars While Stocks Plunge
Bitcoin has been displaying bullish behavior lately, gaining about 2% in the past week and bringing the crypto closer to a psychological threshold of $12,000.
China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals
An interactive map published by the University of Cambridge’s Alternative Finance Center (CCAF) revealed Chinese miners accounted for 65 percent for the global hashing power used by Bitcoin. The CCAF tracked mining data for over a year from websites like BTC.com, ViaBTC, and Poolin, with the premier university claiming the map is the first-of-its-kind effort in visualizing hash power data by geography.
Morgan Stanley in Talks to Acquire Multi-Million Dollar Stake in Bithumb Crypto Exchange
Morgan Stanley is reportedly in talks with Bithumb South Korea-based crypto exchange to acquire a multi-million-dollar stake in the exchange.