65% of BTC hash rate power is in China, new regulations force Bottle Pay to shut down and Bitcoin hovers around 7.100 USD
We proudly present to you today’s official Crypto2Cash Chronicle
Important and market moving cryptocurreny news
16–12–2019
65% of BTC hash rate power is in China
For all of Bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China.
That’s the highest in at least two years according to a recent report by CoinShares Research.
Bitcoin hovers around 7.100 USD
8% was shaved off Bitcoin’s price of 7.571,80 USD between 8 December and 14 December.
Now, Bitcoin continues its move downwards as Bitcoin is currently trading around 7.100 USD while it started the weekend with a price level around 7.240 USD.
Give us a call on +31 85 2250 510 or email us at support@crypto2cash.com.
Our members of staff are available between 9.00–18.00 CET to answer any questions you may have, especially in regards to easily selling your crypto for fiat currencies.
