Category: Bitcoinist

Bitcoinist: FCA Urges To Have More Support For Banning Crypto Companies In UK

The crypto exchange FTX collapse that occurred last week not only shattered the investors’ sentiment on cryptocurrencies but also alerted legal actors such as FCA (Financial Conduct Authority) against crypto companies. First, the market saw Terra collapse, and then the FTX saga disrupting the market in the same year shocked regulators worldwide. Hence, considering the

Bitcoinist: Bitcoin Miner Hash Price Declines To New All-time Low

Data shows that the Bitcoin miner hash price has now declined to $58.3k per Exahash per day, a new all-time low for the metric. Bitcoin Miner Hash Price Has Continued To Trend Down Recently As per data from the on-chain market intelligence firm Glassnode, miners have remained under extreme pressure in this drawdown. The “miner

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