BTCManager Logo with clear background. Orange and white font.

BITCOIN PRICE: 11,017.69     HIGH: 13,699.99     LOW: 10,162.00

=
BTCManager.com
advertisement
advertisement
advertisement
#TRENDING STORIES
Next Event

Blockchain Cruise Asia • January 15-19, 2018

CoinsBank took its maiden voyage when it held the first ever CoinsBank Blockchain Cruise aboard the Anthem of the Seas,…

Click for more details
advertisement

Tag: China

Chinese Internet Giant Baidu Launches Blockchain-as-a-Service Platform

Category: Blockchain, Business, Commentary, News, Tech

Chinese Internet Giant Baidu Launches Blockchain-as-a-Service Platform

Chinese internet behemoth Baidu has recently launched its blockchain-as-a-service (BaaS) product, calling it the “most easy to understand” blockchain service in the business. History of Innovation: China and Blockchain As per Baidu, this platform was based on the organization’s internal developments, and it can make and follow exchanges identified with cryptocurrency standards, digital bills, bank credit administration, insurance administration, and…

READ MORE

Chinese Bitcoin Miners Largely Unaffected by Volatility and Regulation

Category: Bitcoin, Commentary, Mining, News, Regulation

Chinese Bitcoin Miners Largely Unaffected by Volatility and Regulation

China has proven to be one of the most profitable locations for Bitcoin mining, even with the increased cost of electricity and reduced rate of mining. This would mean that if the dominant cryptocurrency were to fall by half its value, miners in China would still turn a profit. Balancing Electricity Costs The price of bitcoin is currently trading near…

READ MORE

From A Small Catering Business To Blockchain Empire – Simon Yu Has Quite A Story To Share With Budding Entrepreneurs

Category: Altcoins, Blockchain, Business, Commentary, News

From A Small Catering Business To Blockchain Empire – Simon Yu Has Quite A Story To Share With Budding Entrepreneurs

For StormX co-founder Simon Yu, the road to success couldn’t have been thornier. Things got notably worse after his family was left with no choice but to declare bankruptcy. Yu was in college back then and with no source of substantial income. Food Trucks to Crytpo Desperate to break free of the financial mess, Yu took a $100 loan to…

READ MORE

China to Monitor Bitcoin Miners Power Usage

Category: Bitcoin, Mining, News, Regulation

China to Monitor Bitcoin Miners Power Usage

In a closed-door meeting with an internet financial risk remediation group, the People’s Bank of China (PBOC), stated that it could instruct local governments to monitor power consumption of Bitcoin miners. Monitoring Power Usage, Not a Ban While the PBOC is not authorized to take the matter into their own hands, the Central Bank can ask local governments to regulate…

READ MORE

Why Asia-Pacific Countries Are Preparing To Tighten The Noose On Cryptocurrencies

Category: Altcoins, Bitcoin, Commentary, News, Regulation

Why Asia-Pacific Countries Are Preparing To Tighten The Noose On Cryptocurrencies

Over the past few weeks, many have heard  prominent analysts and corporate bosses predicting a rather gloomy future for cryptocurrencies. Most of them have openly expressed their reservations against the so-called bitcoin “bubble” which caused unprecedented growth in the virtual currency’s dollar-valuation in 2017. Spillover into Traditional Markets Despite all the looming skepticism, the popularity of bitcoin and other crypto…

READ MORE

advertisement

Programmer Arrested in China Over Multi-Million Dollar Bitcoin Theft

Category: Bitcoin, News

Programmer Arrested in China Over Multi-Million Dollar Bitcoin Theft

A news report by the Chinese television channel, CCTV13, outlined a case of bitcoin-related fraud in the Zhongyuan Oil Field Public Security Bureau of Henan Province. The police report was first filed by a Henan resident, Wu, on July 27, 2017, in which he claimed that 188.31 bitcoins, or just over half a billion US dollars at the time, were…

READ MORE

Asian Countries That Have Contributed To The Growth Of Bitcoin So Far

Category: Bitcoin, Business, News, Regulation

Asian Countries That Have Contributed To The Growth Of Bitcoin So Far

It is no longer news that bitcoin is the world’s most valuable and most expensive cryptocurrency, neither is it news that the Bitcoin market capitalization is over $270 billion. Moreover, its market cap has established itself far above some blue-chip firms like Visa, Mastercard, Walt Disney, IBM, McDonald’s and many more. Asian Influence on the Bitcoin Market Bitcoin has achieved…

READ MORE

Chinese Businessman Buys 27 percent Stake in US-owned Cryptocurrency Exchange

Category: Blockchain, Business, Commentary, News

Chinese Businessman Buys 27 percent Stake in US-owned Cryptocurrency Exchange

The mere mention of the term ‘blockchain’ has a magical effect on the stock prices of companies who have integrated the technology into their operations. For example, Longfin Corp shares went from trading at just above $5 per share to over $142 after it announced it had acquired blockchain firm Ziddu.com. Bruno Wu Joins Cryptomania To The Moon Similarly, the…

READ MORE

Cigars to Bitcoin: Company Makes Massive Shift into Bitcoin Mining

Category: Altcoins, Bitcoin, Business, Ethereum, Mining, News, Tech

Cigars to Bitcoin: Company Makes Massive Shift into Bitcoin Mining

A tobacco company is making waves in the tech industry following their December 14 announcement that they will be getting out of the high-end cigar business entirely, and making a hard shift into mining “bitcoin and other cryptocurrencies.” Cigars to Bitcoin In what seems like a completely unexpected turn of events, the company previously known as Rich Cigars will be…

READ MORE

Critics Condemn Bitcoin’s Electricity Consumption, But it’s a Nonissue

Category: Bitcoin, Commentary, Mining, Regulation, Tech

Critics Condemn Bitcoin’s Electricity Consumption, But it’s a Nonissue

Bitcoin’s electricity consumption has become the target of criticism recently, and some reports by the mainstream media have claimed that the cryptocurrency may contribute to climate change in the long-term because of its excessive use of energy. Years of Attacks Since its launch in 2009, various critics and the members of popular media have attempted to condemn bitcoin to deliberately…

READ MORE

Join our Telegram Channel!