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A major Chinese manufacturer of mining equipment, Ebang Communication, did not update the application for an IPO on the Hong Kong Stock Exchange (HKEX). This is reported on the website of the exchange. A company from Hangzhou submitted an application to HKEX last June. According to the rules of the exchange, the applicant for an IPO must update the application every six months. Last time Ebang updated it in December […]

The investor and creator of the Mayer Multiple indicator Trace Mayer came to the conclusion that the first cryptocurrency is now very overbought, therefore a price correction is very likely in the near future. Overextended bull markets loved until correction. 2.09x @TIPMayerMultple, $ 5,085 $ BTC 200DMA rising ~ $ 35 / day. Historically higher only 14.79%. Thus, the very low probability of $ 40k in a few months. But […]

The first liquidation of a position with the use of leverage took place on the margin trading trading market Binance. We had our first Margin liquidation today. Guess what it was on a #BTC short. … CZ Binance (@ cz_binance) 24 June 2019 p. “Today we had the first liquidation of the marginal position. And […]

The developer of Zcash, the Electric Coin Company (ECC), intends to make radical changes to the architecture of this cryptocurrency user-oriented privacy, reports the Decrypt publication. The ambitious plans of the creators of the project provide that the network Zcash will be able to handle "thousands or even millions of transactions per second." To implement them, you may need to switch to a completely new blockchain with support for sharding technology. […]

Two new books on cryptocurrencies have recently appeared in the popular Amazon online store, the author of which is the anonymous Bitcoin inventor Satoshi Nakamoto. It is reported by Fab World Today. Both books – The Wave and Ripple Design Book and The Official Bitcoin Coloring Book – are planned for release on June 28th. “Satoshi Nakamoto is a famous Bitcoin inventor,” the profile says […]

Barry Silbert, part of the holding of the Digital Currency Group, Grayscale Investments launched Ethereum Trust. The company's blog says that the trust traded under the ETHE ticker "allows you to invest in Ethereum without owning a cryptocurrency." Grayscale's director of investment and research, Matt Beck, said that the new trust is an excellent tool for portfolio diversification: “Cryptocurrencies, such as Ethereum, represent […]