Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan
Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will...
Month: May 2021
Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’
One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies and other...
Elon Musk reminds followers he really isn’t Dogecoin’s master
Musk's tweets have been credited with markedly influencing the value of the meme cryptocurrency. Tesla CEO Elon Musk reminded Twitter...
Nebraska signs law to authorize state-chartered banks to custody crypto
The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood. A crypto-friendly bill...
Banks cautious about crypto ahead of COVID-19 testimony before US Senate
CEOs of major American banking institutions are heading to Washington to face legislators' questions about how they will aid a...
Bitcoin price rebounds to $40K, Ethereum nears $3K: Is a bigger crypto rally looming?
Bitcoin has surged past $40,000 and the cryptocurrency market is rapidly recovering. The price of Bitcoin (BTC) has surpassed $40,000...
Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrative
Michael Saylor has provided more context on the Mining Council, and hopes to combat the anti-crypto narrative with greater Bitcoin...
DeFi and traditional finance could converge thanks to tokenization
It won’t be easy to bring DeFi to be on par with traditional finance, but tokenization can help it along,...
Ether sails past BTC’s daily volume as Grayscale ETH Trust trades at 11% premium
Roughly $60 billion worth of ETH changed hands over the past 24 hours while BTC saw $50 billion in trade....
Voyager Digital sees 16X increase in quarterly revenue, first operating profit
The Canadian trading and yield app recorded $60 million in revenue for Q1, 2021. Crypto asset trading firm Voyager Digital...
You can now buy gold-backed NFTs with the mining carbon footprint offset
Wallet provider Lohko has launched gold-backed NFTs offering carbon offsets. Digital asset wallet provider Lohko and London-based tech firm Mattereum...
Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’
Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken...
Mike Novogratz Doubts Dogecoin’s Future — ‘No Institution Is Buying DOGE, Retail Will Lose Interest’
Galaxy Digital CEO Mike Novogratz doubts the future of dogecoin. The billionaire investor said that “It likely doesn’t have long-term...
Shark Tank’s Kevin O’Leary Expects Flood of Institutional Money Into Bitcoin When ESG Standards Are Met
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that a flood of institutional money will flow into bitcoin...
Goldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin
Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out” (FOMO)....
