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Malaysia Loses $25 Million due to Electricity Theft from Bitcoin Miners
Posted on Thursday August 15, 2019

Coinspeaker Malaysia Loses $25 Million due to Electricity Theft from Bitcoin MinersTenaga Nasional Berhad, the Malaysian electricity company, has begun making specific moves to increase security measures, aimed at reducing the chance of power theft perpetrated by Bitcoin miners. The company, as at June, has reportedly lost RM 106 million ($25.3 million) to heavy Bitcoin […]

The post Malaysia Loses $25 Million due to Electricity Theft from Bitcoin Miners appeared first on 12bit trade.

Bitcoin Price & Technical Analysis: BTC Testing Important Support
Posted on Thursday August 15, 2019

Coinspeaker Bitcoin Price & Technical Analysis: BTC Testing Important SupportBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.On the weekly timeframe, the Bitcoin remains in the ascending channel; however, a decline to the support line may turn into a breakaway and a decline to the psychologically important level of $7,000. Thus the market may expand the range […]

The post Bitcoin Price & Technical Analysis: BTC Testing Important Support appeared first on 12bit trade.

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No Deal Brexit Will Increase Bitcoin Importance in the Global Economy
Posted on Friday August 16, 2019

Many analysts agree that the looming possibility of a no-deal Brexit, could propel Bitcoin’s price to unexpected heights. A rather bold prediction comes from the CEO of Commerce Block, Nicholas Gregory. He goes as far out as to state that an eventual no-deal Brexit could fundamentally change Bitcoin’s position in the entire global economy. The […]

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