Renowned economist Steve Hanke criticized the legalization of Bitcoin in El Salvador and questioned bitcoin's performance in everyday trading.

Steve Haneke, a professor of applied economics at John Hopkins University, warned that recent news about the legalization of Bitcoin in El Salvador as an official asset would destroy the country's economy, the Kevin Telegraph reported.

Steve Haneke served for a year as chief economist, in president Ronald Reagan's administration. He had previously described Bitcoin as a speculative asset "with a fundamental zero value."

Blockcap is a North American bitcoin mining company that plans to increase its processing power by another 1,900 peta hash due to the rising price of Bitcoin.

According to The Block, the company said in a statement that it had purchased another 10,000 S19 antiminer extraction devices from Bitmain to double its processing power.

Former directors of Core Scientific In the United States founded The BlockCap in 2020. So far, 10,000 S19 miners have been launched and are in work at Scientific Blind Cleaning Farm, the company said.

The total processing power of existing miners is 950 peta hash per second, and with the current extraction difficulty they can generate about 5.5 Bitcoins in 24 hours.

https://arzdigital.com/blockcap-us-10000-bitcoin-miners/

The suspect, identified by his surname Zhang, is in his second decade of life and is from China's Anhui Province. In late 2017, in online posts, the person had offered to sell bitcoin pool machines at three times lower market prices.

It should be noted that in late 2017 there was a strong demand for these devices because the quantity of each bitcoin had crossed the $10,000 border.

According to CCTV, Mr. Zhang had announced the price of each device to customers at 10,000 yuan ($1,500) and on conditions that they be delivered two months after payment. While the price of each of these devices on the market was about 30,000 yuan ($4,500), the lower price of these devices has tempted customers to buy.

Although much of bitcoin's network hash is still based in China, fresh data show that the share is falling. America, on the other hand, is slowly furthering its stake in bitcoin mining.

Chun Wang, co-founder of F2Pool, one of the world's largest bitcoin mining pools, has published statistics claiming that the share of Chinese miners in the pool reached less than 50 percent in April 2021, reports The Kevin Telegraph. He went on to say that this is the first time in the 8-year life of the F2Pool pool that the share of Chinese miners has reached below 50%.

Walmart's department store chain, one of the largest chain stores in the world, is looking to hire a cryptocurrency specialist. After the news, the price of Bitcoin reached above $48,000.

In its hiring ad, Walmart said it wants to hire someone for the job position of director of blockchain products and cryptocurrencies, according to YouTube. This led to the growth in the price of Bitcoin and its passage of $48,000. Each unit of Bitcoin is currently trading in the range of $47,600.

Walmart said in its ad that it is looking for an "interested" and "enthusiastic" person in the field of cryptocurrencies to develop the company's strategies in relation to cryptocurrencies.

Establishing partnerships in cryptocurrencies and investing in this area will be among the duties of Walmart's new director of cryptocurrencies.

Walmart has been testing the use of blockchain in its business for years. In 2018, the company had used blockchain to intercept food in a pilot program in collaboration with IBM.

https://arzdigital.com/walmart-job-ad-makes-bitcoin-revisit-48000/

The trend of warning of the negative environmental consequences of the use of cryptocurrencies, especially Bitcoin, entered a new phase by rejecting Tesla's acceptance of these currencies. However, supporters of the extraction of virtual currency from Scandinavian countries point to this as a successful example.
Nordic countries including Iceland, Norway, Finland and Sweden have a long and successful history of clean energy production. A few years ago, for example, studies began on plans to move the surplus of electricity generated in Iceland to the UK. The use of numerous wind turbines and offshore flows, on the one hand, and the low population of these countries for the consumption of huge energy produced, since about two decades ago, opened the feet of computer companies, especially the giants of data processing and blockchain, and subsequently virtual currency miners to this region.

China's Ministry of Public Security said the men laundered money through telephone and internet fraud and used cryptocurrencies in the way.

The arrest comes as Chinese authorities have expanded their crackdown on cryptocurrency trading in recent months. The country last month banned three financial services and payments industry entities related to cryptocurrencies, and china's State Cabinet Council promised to tackle mining and trade between Kevin.

As of Wednesday afternoon, more than 170 criminal groups involved in money laundering processes had been involved in money laundering processes, China's Ministry of Public Security said in a statement regarding the arrests.

to the staunchest critic of Bitcoin, Peter Schiff, who has made wildly wrong predictions about the digital currency in the past 10 years, tweeted in his latest tweet that people who don't sell their bitcoins now are "really stupid." Schiff also acknowledged that buying Bitcoin at lower prices is unfortunate, and that not regretting this situation is a sign of stupidity. Schiff has had a negative attitude toward Bitcoin since 2011 and has always tried to downplay its progress.
https://[Suspicious link removed]day/peter-schiff-says-those-who-are-not-selling-bitcoin-now-are-real-idiots

the recent developments in Afghanistan, many international charities have urged many international charities to take steps to meet the needs of the people of Afghanistan by attracting cryptocurrency grants. A New York-based nonprofit called Hearts & Homes for Refugees has put the adoption of Bitcoin, Ethereum and several other cryptocurrencies on the agenda to help 20,000 Afghans immigrate to the United States. CARE also wants to meet the monthly requirements of an Afghan family with the proceeds from the sale of non-reproductive tokens. An Afghan-based educational institution that aims to teach Afghan girls about coding and robotics issues announced that it is accepting cryptocurrency funding for the funding it needs.

The price of Cardano recorded a new historic peak yesterday, reaching $2.58. If buyers can keep the price above $2.47 support and the buying pressure maintains its growing trend, it is likely that the price will rise further and reach $3.

David Marcus, one of Facebook's executives, has announced the latest developments involving StibelCoin and the company's digital wallet. Marcus said Novi's wallet has been approved in almost every U.S. state. He also added that the wallet is not being launched in areas that have not issued approvals. Marcus continued, "Novi's wallet provides the conditions for peer-to-peer non-commission payments both abroad and inside the United States. Facebook has not yet announced a date for the release of Kevin Dim's stibel and Novi's digital wallet.

https://cryptobriefing.com/facebook-says-most-u-s-states-have-approved-novi/

Gary Gensler, chairman of the U.S. Securities and Exchange Commission, says the agency can make provisions for Diffa projects, especially those that reward its users with valuable tokens. The term Defi is somewhat incorrect because these platforms "facilitate a process that is partly decentralized and another part of its aspects heavily concentrated," he continued.
Gensler also added that some of Defi's projects resemble peer-to-peer lending platforms that have been legislatured by the U.S. Stock Exchange. The U.S. official had previously called for legislation on the Defi field. He had said that Defi's space might be involved in the sale of unauthorized securities.

according to data from Coin Market Cap and DeFi Pulse platform, ethereum market dominance has increased by more than 7% in the last 5 months. Meanwhile, Diffa's market value, with $80 billion in locked capital, still stands at $120 billion. Currently, domains ethereum stands at 18.5 percent. Decentralized financial system or diffa, non-reproductive tokens and EIP-1559 updates are among the factors affecting the increase of incoming capital to the Ethereum network.

 Dmitry Butrin posted a message on Twitter supporting his child Vitalik's joining the DodgeCoin Foundation, saying the move might lead to better Mim coin. He posted the message that Vitalik's joining had faced criticism. "Vitalik likes to have fun," Dmitry noted. Is there something wrong with this? She also stressed that her child will work to overcome them instead of denying them challenges and problems.

 Gary Gensler, chairman of the U.S. Securities and Exchange Commission, says the agency can enact regulations for diffa projects, especially those that reward its users with valuable tokens. The term Diffay is somewhat incorrect because these platforms "facilitate a process that is partly decentralized and another part of its aspects heavily concentrated," he continued.
Gensler also added that some of Diffa's projects resemble peer-to-peer lending platforms that have been legislatured by the U.S. Stock Exchange. The U.S. official had previously called for legislation on the Diffa field. He had said that Diffa's space might be involved in the sale of unauthorized securities.

Cardano, the third largest cryptocurrency in the market in terms of market value, has finally registered a new price peak. Cardano grew about 20 percent over the past 24 hours to a peak of $2.55. Cardano's previous high was $2.46 and was registered in May.

Brian Armstrong, managing director of coin base Exchange, announced on Twitter today that the exchange, with the approval of the board, plans to add $500 million in digital currency to its assets. In addition, the exchange will invest 10% of the company's future profits in cryptocurrencies. In February, coin base Exchange published a report showing that it had invested $365 million in cryptocurrencies.

of The Binance Cryptocurrency Exchange announced today that all users must complete their authentication. Users who have already had a binance account but have not completed their authentication must also comply with this order, otherwise they can only withdraw their cryptocurrencies until their authentication process is completed. In its announcement, Baines stated that all users must complete the "intermediate" stage of authentication, which means that the details of their passport and selfie must be uploaded.

🔸 according to a recent tweet from analytics firm IntoTheBlock, the price of The Cardano digital currency has grown dramatically over the past year by about 1,304.71 percent. In addition, investors and holders of the cryptocurrency also rose 233 percent to 1.484 million. Also, addresses in Cardano's profit increased by 20 percent from 80 percent to 100 percent. Finally, long-term investors or Hodlers of Cardano have also reached a record 226,000. According to IntoTheBlock, Cardano's main growth factor and record new historical highs have been the announcement of the launch of smart contracts as part of Alonzo's Hard Fork in September.

 BlackRock Capital Management recently invested in two U.S. bitcoin mining companies, Digital Marathon and Rayot Blockchain. BlackRock's documents for the U.S. Stock Exchange Commission show the company bought 6.71 percent of digital marathon shares and 6.61 percent of Raiot Blockchain's shares. The investment came at a time when bitcoin miners' earnings have increased to $44 million per day. It should be noted that Block Rock with 9 trillion assets under management is the largest capital management company in the world