Bitcoin Miner Riot Blockchain Invests $780 Million to Expand Operations Bitcoin mining firm Riot Blockchain announced its milestone purchase of $138.5 million in mining equipment this Wednesday. In a statement, the company announced that it will be purchasing 42,000 units of Bitmain’s Antminer S19J for $3,300 per unit. The standard hash rate of the model
A Bitcoin Correction Towards $55,000 Likely At The End of Week Key Bitcoin Price Outlook Bitcoin reaches a short-term resistance trendline that constitutes a descending channel pattern. The cryptocurrency risks upside rejection heading into the weekend session. Its downside target lurks near $55,000. Sliding US bond yields undermined the dollar and prompted bitcoin’s climb on
Bitcoin Eyes Long-Term Benefits on Central Banks’ Dollar Ditch If global central banks are any indicator, the bitcoin price can continue its supersonic bull run despite hitting a pause in the past three weeks. At the core of the bullish theory is the US dollar. True, the global store of value has attempted impressively to
HSBC reportedly bans customers from trading this Bitcoin-linked stock UK-based Hongkong and Shanghai Banking Corporation (HSBC), one of the world’s biggest banks by assets under management, has reportedly banned customers from trading the stock of business analytics firm MicroStrategy due to its links to Bitcoin, as per a leaked email circulating on social media. HSBC
Mcdonalds Coin Introduces the First Gamified Token on xDai The developers behind McDonalds Coin (MCDC) seek to capitalize on multiple trends in the blockchain sector with their latest developments. The parody project focuses on gamifying blockchain in unique ways so that anyone with a dollar in their pocket can have fun, and also have a
Peter Thiel calls Bitcoin ‘a Chinese financial weapon’ while Bloomberg says it could reach $400,000 Satoshi Nakamoto launched Bitcoin in January 2009 during the global financial crisis. The person or group of people who developed the pioneer cryptocurrency left a message in the Genesis Block that hints at the motive for creating the digital asset.
300 Bitcoin ATMs are coming to this crypto-friendly US state Coinme, a cryptocurrency-to-cash exchange based in the US, entered Florida earlier this week with the launch of over 300 Bitcoin-enabled Coinstar kiosks. “For Floridians, the expansion makes buying Bitcoin with cash as simple as visiting their local grocery store,” the firm said. Excited to announce
C. Palihapitiya: I Should Have Invested in Coinbase Coinbase is all set to be traded on the Nasdaq beginning on April 14, and while the time for average Joes and Janes to invest in one of the world’s largest cryptocurrency exchanges has finally come, it appears many high-ranking financial players had an opportunity to invest in the
Mark Cuban The Future of Crypto Lies with Ethereum Not too long ago, billionaire investor and owner of the Dallas Mavericks basketball team Mark Cuban commented that he owned quite a bit of bitcoin, but that his crypto portfolio also contained a healthy portion of Ethereum. While his initial sentiment was that Ethereum was considerably closer to
Coinme Is Establishing BTC Kiosks Throughout the Sunshine State Coinme – a bitcoin kiosk company operating in the United States – has just installed approximately 300 separate bitcoin cash machines throughout the region of Florida, thereby allowing people to trade bitcoin for cash and vice versa and potentially boost further purchases with cryptocurrency. Coinme Is Building a
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