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Tag Archives: bitcoin

Bitcoin hits $60k record high as cryptocurrency’s rally continues

The cryptocurrency climbed more than five percent on Saturday, reaching $60,200 on Binance, the largest cryptocurrency exchange in terms of trading volume.  The price surge comes as the US begins distributing checks as part of a massive $1.9 trillion stimulus package. Analysts and investors have speculated that many Americans may …

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Bitcoin surges toward $50,000 amid China’s latest crypto crackdown

The Chinese northern region of Inner Mongolia, the global crypto mining hotspot, is banning cryptocurrency mining. Regional authorities are expected to bar all new projects and to shut down existing activities. According to the draft plan, revealed by the Inner Mongolia Development and Reform Commission, the mining operations will be …

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