[ad_1] Multinational financial services corporation Fidelity Investments purchased a 7.4% stake in Marathon Digital Holdings, a prominent bitcoin mining operator in North America, reported Forbes. Fidelity spent $20 million on the shares and will reportedly spread them across four broad index-based funds that combined have a market capitalization of $170 billion. The four index funds, […]
Continue Reading[ad_1] Data management company Sphere3D has acquired exclusive right to assume all of Hertford Advisors’ bitcoin mining agreements throughout six months, reported MarketWatch. The firm has reportedly already started taking action. It said it has assumed and executed the first agreement to purchase 60,000 new bitcoin mining rigs. The deal was completed directly with the […]
Continue Reading[ad_1] Listen To This Episode: The third episode of “The Biz” with John Carvalho has been unlocked! In this episode, Carvalho hosted veteran mining expert and expert witness, Kristy-Leigh Minehan. This interview covered rare topics about early Bitcoin mining players like Avalon, creators of the first ever ASIC mining machine, and Friedcat from ASICMINER, the […]
Continue Reading[ad_1] Watch This Episode On YouTube Listen To This Episode: Many Bitcoin enthusiasts tend to lean from a significantly libertarian perspective. Many take pride in routing around the government and relish in Bitcoin’s ability to just opt out completely. Unfortunately for the Bitcoiners not interested in participating in politics, last week, a proposed version of […]
Continue Reading[ad_1] Bitcoin exchange LocalBitcoins has announced that deposit fees and transaction fees between wallets in the platform are now free. Launched in 2012, the platform doesn’t touch fiat currency itself; users can transact with each other leveraging the platform that only intermediates the process – introducing sellers to interested buyers. Initially, LocalBitcoins became very popular […]
Continue Reading[ad_1] High-net-worth Wells Fargo clients can now get Bitcoin & crypto exposure, a company spokesperson informed Business Insider, making Wells Fargo the latest in a long line of traditionally conservative financial institutions to venture into Bitcoin. In May, it was reported that the investment-research division of Wells Fargo Wealth and Investment Management was going to implement an […]
Continue Reading[ad_1] Publicly traded business intelligence firm MicroStrategy is pledging to add more Bitcoin to a corporate balance sheet that already includes 105,000 BTC worth roughly $4 billion. In a statement issued before the conference, MicroStrategy CEO Michael Saylor noted: “We continue to be pleased by the results of the implementation of our digital asset strategy. […]
Continue Reading[ad_1] Vertically integrated bitcoin mining company LUXXFOLIO Holdings has announced that 80% of the first batch of miners the company received earlier this month are already up and mining. The new bitcoin mining machines, which were received on July 19, 2021, are currently running at around 41 petahashes per second (PH/s). The firm said it […]
Continue Reading[ad_1] Jack Dorsey continued to evangelize Bitcoin this week, noting in a Q2 Twitter shareholder’s call the role it has so far played in the company’s quarterly and yearly fiscal performance and affirming he believes it has a prominent place in its future. The call took place on Thursday evening, a day after The B […]
Continue ReadingBitcoin and Cryptocurrency markets are currently undergoing their fifth major correction in the current cycle, and this one is the largest yet. Total market … source
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