Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

2020-8-14 20:16

Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black. origin »

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Bitcoin Pumping on “Speculation of Capital Flight” as Heightened Activity Coming From the Hotbed of Crypto: Brian Kelly

Bitcoin is used to buying fake ID’s drugs and illicit sex. “I have never done that with Bitcoin,” is Brian Kelly’s response to Bitcoin skeptics. In a recent discussion on CNBC, Brian Kelly, founder & CEO of BKCM LLC, a digital currency investment firm says Bitcoin is finally “traded like a macro kind of asset.” […]

2019-8-9 20:01


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Texas regulator goes after cryptocurrency firm promising 900% returns in 2 weeks

Regulators in Texas have filed a cease and desist order against a New York-based cryptocurrency business promising a 900-percent return on investment in just two weeks. Forex and Bitcoin Trader, which was advertising on Craiglist Dallas, reportedly deals in cryptocurrency investments, commodity-based derivatives, and foreign currency trading.

2019-8-9 12:51


Instant P2P Crypto Lending Service Dharma Lever, Halts Loans And Deposits On The Platform

Dharma Lever launched back in 2017, during the crypto boom giving its users a platform to get loans and credit against their crypto holdings – primarily Bitcoin. However, the services offered by the crypto firm are set to halt this month following an official announcement on the company’s official Twitter account. The lending services became […]

2019-8-8 17:50


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Bitcoin Could Copy Gold’s 2008 Boom And Bust Before All-Times Highs: Messari

Bitcoin could drop dramatically in the short term before experiencing a historic rise to new heights, one of the cryptocurrency industry’s best-known researcher says. Bitcoin Mimicking Gold ‘Not Surprising’ Adding his weight to the current discussion on Bitcoin’s utility versus gold, Dan McArdle, co-founder of analytics firm Messari, said the cryptocurrency could copy the precious metal’s behavior in the coming years.

2019-8-8 12:00


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Crypto Firm BlockFi Raises $18.3 Million in Latest Funding Round

In a press release issued on August 6, 2019, cryptocurrency management firm BlockFi announced that it had raised $18. 3 million in a Series A funding round. Per sources in the know, the venture round was led by Valar Ventures and saw participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, and Morgan Creek, amongRead MoreRead More.

2019-8-7 01:00


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Bitcoin Market Dominance Is Actually Over 75%: Ex Google Exec

Bitcoin in fact accounts for a much larger proportion of the overall cryptocurrency market, a former Google and Facebook executive has claimed. Bitcoin Market Dominance Has Long Been over 60% Presenting new figures on social media August 6, Avichal Garg, who now runs cryptocurrency asset management firm Electric Capital, said standard methods for measuring Bitcoin’s dominance were flawed.

2019-8-6 13:00


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Kraken Exchange Purchases Crypto Accounting Firm, Interchange

Kraken, a leading San Francisco-based cryptocurrency exchange, has acquired Interchange, a firm that claims to be focused on solving cryptoassets management challenges for institutional investors. The acquisition is expected to transform Kraken exchange into a robust, end-to-end crypto trading and reconciliation platform and it will also allow interchange’s co-founders Dan Held and Clark to joinRead MoreRead More.

2019-8-2 23:00