Binance acquires India's leading Bitcoin exchange, Bitcoin loses 8.000 USD support and largest Bitcoin mine under construction

Crypto2Cash
2 min readNov 21, 2019

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Here is your daily overview of important, interesting and market moving crypto news.

Binance acquires India’s leading Bitcoin exchange

Binance has acquired India's leading crypto exchange WazirX, bringing easier cryptocurrency access to a population of over one billion.

According to an announcement, users will be able to use Indian rupees to buy and sell crypto via the Binance Fiat Gateway 25 November.

Bitcoin loses 8.000 USD support

Bitcoin fell below 8.000 USD today to a price level of 7.880 USD. Several days of downward price pressure finally cost the cryptocurrency a major support level.

Bitcoin is currently trading around 7.910 USD.

Largest Bitcoin mine under construction

Northern Bitcoin and GMO Internet assembled the Rockdale project, planning to build a 1 Gigawatt Bitcoin mine in Texas.

This would then be the largest Bitcoin mine, dwarfing Bitmain's 300 Megawatt mine.

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Crypto2Cash
Crypto2Cash

Written by Crypto2Cash

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