One organization in #Japan is finding new ways to explain regulations covering illegal activities in the #blockchain#gaming community. The Blockchain Contents Association announced that they had written new #guidelines to deal with #laws related to #gambling and online scams.
The world’s largest manufacturer #Bitcoin#ASIC#miners, @BITMAINtech, has sold out its first round of domestic #AntminerS19#sales within 24 hours of accepting #orders.
Customers who managed to get in on the first round can expect the units to arrive between May 11 and May 20.
#Bitcoin (#BTC) price perked up, rallying from $5,688 to a daily high at $6,600. The #cryptocurrency defied the worst fears of analysts by holding above the $5,400 support and currently Bitcoin continues to show growing strength in the face of wilting equities #crypto#markets.
Short-term #BTC#holders are most likely responsible for the #selling rather than new holders.
According to an article by @Coinmetrics, 281,000 #Bitcoin was on the move after 30 days of #holding, compared to 4,131 that hadn’t been touched for over a year before being moved.
Bitcoin Difficulty Set for 13% Drop as #HashRate Following #BTC Price.
#Hash rate, a measure of the computing power dedicated to #Bitcoin#network, has seemingly dipped below 100 quintillion h/s. The metric was challenging 80 quintillion for the first time since December 2019.