Economy

The developers of the Waves blockchain platform announced the need to take another step towards sustainable growth and financial stability, the essence of which is to update the existing economic model. In a broader sense, representatives of Waves argue, the cryptocurrency sphere should become a full-fledged economy, and not existing with donations. According to them, today there is a trend of deficit of WAVES tokens, since their number […]

The authorities of Inner Mongolia decided to limit cryptocurrency mining in the territory of this autonomous region of the PRC. This is reported by managing partner of Primitive Ventures Dovi Wang, citing local media. JUST IN h / t @ChainNewscom Regulatory bodies from Inner Mongolia will dedicate resources in restricting cryptocurrency mining within the province Xinjiang and Inner Mongolia are where most coal […]

Tom Lee, co-founder of Fundstrat analytical agency, said investors buy bitcoin when they are confident in a stable economy and geopolitical situation. In an interview with CNBC, the optimistic bitcoin said that the growth of the first cryptocurrency coincided with the best profitability of the S&P 500. According to Lee, bitcoin thrives when the index grows by more than 15% per year. Bitcoin has fallen 12% […]