New York’s Misguided Legislation To Stop Bitcoin Mining Won’t Stop The Industry
Legislation under consideration in New York to stop Bitcoin mining over environmental concerns won’t stop an increasingly-green industry.A bill currently in committee at the New York State Senate is calling for a ban on bitcoin mining for three years while an environmental assessment is conducted to measure greenhouse gas emissions and effects on wildlife of all mining operations in the state.New York Senate Bill S-6486, introduced by democratic State Senator Kevin Parker and co-sponsored by democratic State Senator Rachel May, is currently under review by the senate’s Environmental....
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Coinbase was recently in news for introducing Stop Loss feature on its exchange platform. Read further to know more about Stop Loss. Coinbase recently announced the integration of ‘Stop Order’ function which allows its users to trade bitcoin in a convenient fashion without having to deal with drastic price fluctuations. What Is a Stop Order and Why Is It Important? To begin with, a stop order is a feature that allows users to buy or sell any asset on a trading platform when the target asset’s value reaches a particular price point of choice. Stop orders are also known as stop-loss orders.....
By issuing a stop order, the Australian Securities and Investment Commission (ASIC) has further stalled the initial public offering (IPO) requested by Bitcoin mining company Bitcoin Group Limited (BGL, or simply: Bitcoin Group). The reason for this stop order is as of yet not known. A stop order is an administrative mechanism that allows ASIC to prevent offers being made under a disclosure document, which is presented to prospective buyers of Bitcoin Group shares. Such a measure can be taken when ASIC believes the IPO contains a misleading statement, requires additional information, or if....
Bitcoin mining firm Marathon has announced its pool will stop mining only OFAC-compliant blocks and start signaling for Taproot activation.
This week was low on high-profile people news but high in community building and hard work. Everyone seems to be waiting to see where the chips fall before making any decisions. Except for the people of El Zonte, they can’t stop and won’t stop building. As the big September date approaches, we’ll see where everyone […]
Bitcoin traders on the Bitstamp exchange platform may want to take note. New features are available that allow traders to better control their moves in the market: stop order and trailing stop order. And if you are like me (not a trader), you're probably asking yourself, what's a stop order and trailing stop order? Bitstamp explains: An order to buy or sell bitcoins when its price surpasses a particular point, thus ensuring a greater probability of achieving a predetermined entry or exit price, limiting the investor's loss or locking in his or her profit. Once the price surpasses the....