Generative Data Intelligence

Tag: chinese

Is Bitcoin Mining Bad for the Environment?

Consumers and regulators should be aware of the potential carbon footprint of bitcoin mining.

Bipartisan Agreement in Congress on AI Points to Way Forward with China 

By John P. Desmond, AI Trends Editor  The final report from the National Security Commission on Artificial Intelligence, released last week, points to a surprisingly bipartisan...

Taiwan Accuses Bitcoin Mining Giant Bitmain of Poaching Its Engineers

Bitcoin mining company Bitmain Technologies is under investigation in Taiwan for allegedly running illegal R&D centers on the island.

Bitcoin to soon replace gold says Bloomberg Intelligence

The rate at which Bitcoin’s demand is rising is phenomenal. After falling from $58,000 to about $43,000, it lost the $1 trillion market...

Taiwan to investigate Bitmain over concerns about the company’s human resources practices.

The block reward mining hardware manufacturer giant Bitmain is facing an investigation by law enforcement agencies in Taiwan over concerns about the company’s human resources practices in the country. The Taiwan New Taipei District Prosecutors Office is reported to have carried out inspections at seven office locations in Taiwan of companies linked to Bitmain. Investigations […]

Read full post Taiwan to investigate Bitmain over concerns about the company’s human resources practices. on Chaintimes.com.

Tech focused VC Investments in Europe Remain Strong, SPACs are Hottest Trend, while Chinese Online Lending Crackdown Continues: Report

Finch Capital, a venture capital firm, recently finalized a €150 million fund to invest in Series A and B deals across Europe. The...

Bitcoin continues to trade above $55,000 as JPMorgan hints at exploring BTC.

Bitcoin has witnessed a massive winning rally this year as it piqued the interest of big institutions. The price of bitcoin had reached as high as $58,000 earlier. At the time of writing, BTC is changing hands at just above the $55,000 mark after briefly retracting to $52,000 overnight. The long-time crypto skeptic and America’s […]

Read full post Bitcoin continues to trade above $55,000 as JPMorgan hints at exploring BTC. on Chaintimes.com.

Bitcoin Undergoes Selloff After Breaching $55,000; Breakdown Ahead?

Bitcoin prices dragged lower in the early Wednesday session by daytraders who decided to secure profits following its rally earlier this week.

Bitcoin May Retrace Shortly Before New All-Time Highs

Key Takeaways Bitcoin's price has risen by more than 5.50% in the past 12 hours, slicing through a crucial hurdle. If buying pressure...

Anti-Money Laundering: Bithumb Blacklists Users from Iran and North Korea

Following a nationwide crackdown on crypto-related crime in South Korea, Bithumb was caught in the eye of a legal storm in 2020. Now the leading [...]

Shenzhen-listed ICT firm to spend up to $155 million on MicroBT bitcoin mining hardware

ZJBC, listed in Shenzhen with $900 million in market cap, has said it now plans to scale up its bitcoin mining investment.

The post Shenzhen-listed ICT firm to spend up to $155 million on MicroBT bitcoin mining hardware appeared first on The Block.

Bloomberg Statistics: Institutions Prefer Bitcoin to Gold ETFs

Chinese Media Bitcoin Bull Run Could be Bearish for Gold and Precious Metals
Chinese Media Bitcoin Bull Run Could be Bearish for Gold and Precious MetalsThere is a sharp uptick in the number of investors opting for Bitcoin over gold, data from Bloomberg Intelligence reveals. Bitcoin replacing the Old Guard A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. The
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