Paul Russell

BTC Mining Corporation Signs An Agreement To Roll Out An Environment-Friendly Mining Operation In Ohio

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A five-year agreement has been signed by Energy Harbor Corp with Standard Power in an effort to introduce a Bitcoin (BTC) mining operation that is environmentally friendly in nature. This operation shall take place in Ohio. Everyone is aware of the fact that China’s recent actions and decision to stop BTC mining in the country … Read more

TikTok Has Banned Ads Related To Cryptocurrencies

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This week, TikTok has incorporated some new updates into its policy about the branded content, and it is placing a block on the crypto influencers. The implications of the policy include the developers whose content revolves around the broader financial spaces such as cryptocurrency. The policy update Although there are some exceptions, the latest prohibited … Read more

Is Bitcoin (BTC) Bullish Run Over?

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The continuous fluctuation in the Bitcoin market has forced many analysts to frequently change their viewpoint with the bullish to bearish trend and vice versa. In this type of situation, different market indicators, analyses, and metrics predict the different types of upcoming situations, which as a result, intensify the fear, doubt, and uncertainty among traders. … Read more

Australian Cryptocurrency Fund Apollo Capital Reports 119% YTD Returns Without DOGE And DeFi

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A $75 million Australian cryptocurrency managing hedge fund recently made headlines thanks to its post about the massive spike in returns experienced on a year-to-date (YTD) basis, with the increase being recorded at just about 120%. What is even more interesting, however, is the fact that this fund, which goes by the name of Apollo … Read more

DeFi Protocol Element Officially Deploys To The Ethereum Mainnet

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Element Finance revealed, in its announcement of 20th June, stating that it has been formally incorporated into the Mainnet of Ethereum, following the research as well as the development of one year. It has been targeted by the protocol to deliver huge yields of consistent rates to DeFi in an attempt to expand capital efficiency. … Read more

Christopher Wood Says Cryptocurrency Crackdown Imposed By China Will Clear The Way For Its Digital Yuan

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Chinese officials, according to financial analyst and Jefferies Global Head of Equity Strategy Christopher Wood, want no competition for their digital yuan. That is why they have recently imposed a ban on bitcoin and other cryptocurrencies. China is more concerned with its CBDC than with its carbon footprint. Christopher Wood, a well-known financial expert specializing … Read more

SEC Says XRP Holders Have Issued False Statements On Social Media Regarding The Leadership Of The Agency

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The continuing dispute between Ripple Labs and the United States Securities and Exchange Commission, or SEC, continues, with the SEC alleging that XRP token holders are making misleading assertions on social media sites and targeting its members. The SEC has made an appeal for a hearing with Sarah Netburn, the Judge in the Southern District … Read more

Portugal And Japan Have Approved New Digital Currency Exchanges

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Portugal and Japan have approved the establishment of new bitcoin exchanges in their respective countries. So far, Portugal has endorsed two exchanges, and Japan granted Coinbase permission to operate within the country. Coinbase is approved in Japan Coinbase can now begin operations in the Japanese territory, as the country’s leading financial regulatory agency has given … Read more

Bank Of Russia’s Governor Thinks The Most Dangerous Investment Is Cryptocurrency

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The Bank of Russia’s governor, Elvira Nabiullina, recently made it known that the financial institution’s stance on cryptocurrencies has not changed, and as such continues to adopt a hostile attitude towards the new digital asset class. This development comes around the time when there has been an increase in criticism regarding how the bank tends … Read more