Bitcoin Leads in $1 Billion 24-Hour Liquidation Pile-Up – BeInCrypto

Bitcoin (BTC) heads up a huge liquidations pile-up as recorded on Bybt. At the time of press, the trading information platform recorded well over $1 billion liquidated in 24 hours across exchanges.
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Over $96 million worth of liquidations happened in the last hour.

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One of North America’s Biggest Miners Harnesses Flare Gas Energy – BeInCrypto

Amid the ongoing debate surrounding the environmental impact of bitcoin (BTC) mining, light has fallen on Denver-based operation Crusoe Energy. A company that uses energy from flare gas to mine BTC.

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Chinese Officials in Ya’an Carry Out Crypto Mining Bans – BeInCrypto

Ya’an, a prefecture-level city in the Sichuan province, has become the latest region to experience China’s growing ban on cryptocurrency mining. 
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The Chinese city has a significant amount of hydropower that crypto miners were quick to make use of.

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Miami Mayor Says Chinese Bitcoin Miners Welcome – BeInCrypto

Mayor Francis Suarez has stated that Bitcoin miners currently under pressure in China are welcome to come to Miami.
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As Chinese authorities crackdown on cryptocurrency mining in China, many companies are scrambling to find new locations.

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What Changed in Crypto Markets While You Were Sleeping — June 18 – BeInCrypto

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.
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Bitcoin update
Bitcoin reached a high of $41,330 on June 15 and has been decreasing since.

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Estonian IT company inks $26M crypto mining deal with Bitmain

Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to its Narva-based data center, offering a glimpse into the arms race underway for high-performance computing resources.

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El Salvador Minister Clarifies Bitcoin Salary Payment Stipulations – BeInCrypto

A minister from El Salvador’s Labor and Social Welfare department clarified that it is outside his purview to state whether salaries can be paid in bitcoin.

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