The gradual decline of the market continues. Will there be a correction with such bearish pressure?
After launching its over-the-counter trading platform for institutional clients, the Coinbase exchange quietly decided to add a service for withdrawing users' fiat funds to their PayPal accounts. This feature is provided to users free of charge.
Huawei recently announced the launch of Cloud Blockchain Service (BCS). The launch is another step by the company in the direction of the blockchain industry. In October this year, Huawei launched a commercial service for Chinese users.
According to research conducted by the Internet agency Digital Catapult, the UK's opaque regulation of the digital technology sector has become one of the biggest problems for the country's blockchain companies.
One of the largest computer hardware manufacturers in the world, Asus Corporation, now allows players to use the excess power of their video cards to make money by mining cryptocurrencies.
The world's second-largest semiconductor chip maker, Intel, has received a patent for a Bitcoin mining system using an "energy-efficient hardware accelerator." According to a patent titled “Optimized SHA256 Datapath,” the newly invented “high-throughput” Bitcoin mining process could reduce overall energy consumption by 15 percent.
The regulated Japanese exchange Bittrade will become part of the Huobi group. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade clients will need to open new accounts, complete KYC verification, and transfer their assets to the new platform.
We believe that the correction from the annual lows has ended. Prices have entered a new wave of decline
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