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bitcoin: Bitcoin drops amid Weibo crypto suspensions, Goldman CIO survey - Vimarsana News

bitcoin: Bitcoin drops amid Weibo crypto suspensions, Goldman CIO survey

Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process. Bitcoin and many others in the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 12:20 p.m. in London on Sunday, according to pricing data from CoinGecko, though No. 2 Ether was slightly higher. Chinese social-media service Weibo suspended some crypto-related accounts -- when trying to view them, a message comes u...

Bitcoin continues to slip as China's Weibo suspends some cryptocurrency influencers' accounts - Vimarsana News

Bitcoin continues to slip as China's Weibo suspends some cryptocurrency influencers' accounts

El Salvador's plans to the make Bitcoin legal tender in the Latin American country did not help the price of the world's biggest digital currency

Square to invest $5 mln in Blockstream's solar-powered bitcoin mining facility - Vimarsana News

Square to invest $5 mln in Blockstream's solar-powered bitcoin mining facility

1 minute read Blockchain technology company Blockstream Mining said on Saturday that Square Inc (SQ.N) will invest $5 million to build an open-source, solar-powered bitcoin mining facility at one of Blockstream's U.S. sites. Blockstream, in an announcement on its blog, said the "facility will be a proof-of-concept for a 100% renewable energy Bitcoin mine at scale." Square, in a tweet, said it was teaming up with Blockstream as part of its Bitcoin Clean Energy Initiative.

bitcoin: Bitcoin falls on fear of Weibo suspending some crypto accounts - Vimarsana News

bitcoin: Bitcoin falls on fear of Weibo suspending some crypto accounts

The worlds largest digital coin slipped to trade around $35,220 as of 6:31 p.m. in New York, down 5.3 per cent in the past 24 hours. The move extends its downtrend for a second day after a cryptic tweet from Elon Musk that hinted at a potential split with the cryptocurrency.

Square to Invest in Solar-Powered Bitcoin Mining Facility - Vimarsana News

Square to Invest in Solar-Powered Bitcoin Mining Facility

(Bloomberg) — Square Inc. will invest $5 million to build a solar-powered Bitcoin mining facility at a Blockstream Mining site in the U.S. through a…