A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down ... Cryptocurrency exchange giant Binance is planning to consolidate its Bitcoin mining hash rate within the Russian and central Asian region. According to Binance, Bitcoin’s trading dominance on the exchange fell from 40% to 27% in February, its sharpest month-over-month change ever. According to Binance’s research report, this decline might suggest a “greater appetite for altcoins from market participants. ” Ethereum also reported a falling price, like Bitcoin, but it also indicated a rise of 4% in its active addresses over ... According to the announcement, Binance has been placed in the list due to distribution of data related to the acquisition of digital currencies like Bitcoin (BTC). Gleb Kostarev, Binance’s head of operations for Russia and the CIS, told Cointelegraph that the exchange announced the news immediately after the exchange received a notification from Roskomnadzor. Binance will consolidate its Bitcoin mining, ConsenSys is accused of intellectual property theft and Wonder Woman's illustrator will sell art on Ethereum. Bitcoin was the first cryptocurrency, announced in 2008 (and launched in 2009). It provides users with the ability to send and receive digital money (bitcoins, with a lower-case b , or BTC ). What makes it so attractive is that it can’t be censored, funds can’t be spent more than once , and transactions can be made at any time, from anywhere. On Binance, bitcoin quarterly futures hit a high just shy of $100,000 – $99,964. While sudden moves like these aren’t new, it had been forgotten due to the slow, sideways moving price devoid of volatility. With over a billion dollars worth of positions liquidated in a minor $1,400 move by Bitcoin, volatility is back. While the move might be over for now, more might be on its way.
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