Category: Canada
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Money or Assets? How World Governments Define Cryptocurrencies
Money? Commodities? Securities? Utility tokens? The world’s governments can’t agree on what cryptocurrencies really are
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$32mil Raised by Mining Company Listed on London Stock Exchange
Idealistic startup Argo Blockchain PLC, a mining company, is the first cryptocurrency-related firm to sit on the prestigious London Stock Exchange. In only its initial trading day, Argo raised $32 million, earning a $61 million valuation in the process. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton Mining Company…
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NYSE Owner: Bitcoin Should Be in Retirement Funds, Credit Cards, Retail Stores
Intercontinental Exchange (ICE), owner of arguably the most important stock exchange in the world, the New York Stock Exchange (NYSE), is introducing a new company, Bakkt. The idea is to weave bitcoin into 401(k)s, credit cards, and retail. The project is getting a lot of hype due in large measure to two very powerful backers:…
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Shares in Novogratz’s Crypto Bank Galaxy Digital Plunge 20% in Toronto Exchange Debut
Shares in Mike Novogratz’s crypto-focused merchant bank, Galaxy Digital LP, fell 20% during their trading debut on major Canadian stock exchange TSX
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Billionaire Backed Bitcoin Bank Trading on Major Stock Exchange
Coming off fresh first quarter losses undeterred, giant cryptocurrency merchant bank, Galaxy Digital, began trading on the Toronto Stock Exchange August, 1, 2018. It is one of the earliest banks in the crypto space to achieve such a listing. Many eyes are watching to see what will become of the relationship between legacy financial institutions…
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Exchanges Round-Up: Dcex Uses XRP as Base Currency, Blocktrade Enters Beta
In recent news regarding bitcoin exchanges, Dcex has launched a peer-to-peer cryptocurrency exchange that will use XRP as its base currency, ESMA regulated exchange, Blocktrade, has opened for beta testing, and Coinfield has announced a partnership with fee-free trading app Moongo. Also Read:Banks Don’t Really Want to Use ‘Blockchain’ for FX Settlement After All Dcex…
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Novogratz’s Crypto Bank Galaxy Digital to Start Trading Aug. 1 on Canadian Exchange
Mike Novogratz’s crypto-focused merchant bank, Galaxy Digital LP, is set to begin trading on Canada’s TSX Venture Exchange August 1st
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Bitcoin Mining News: Brookstone to Build Wind Farm in Morocco, Québec Increases Rates
In recent mining news, Brookstone Partners has announced its intention to build a 900-megawatt wind farm in Dakhla, Morocco, Hydro-Québec has been given permission to charge cryptocurrency miners increased rates, and DMG has begun installing its 85-megawatt substation in Canada. Also Read: Crowd Psychology Driving BTC Prices, Finance Experts Say Brookstone Partners Plans 900 MW Wind…
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Giant Bitcoin Merchant Bank Posts Losses Over $130 Million
Galaxy Digital, one of the earliest and largest cryptocurrency merchant banks in the space, founded by billionaire Mike Novogratz, posted first quarter earnings. Published accounts suggest the firm has lost $134 million due to a combination of an extended bear market and the usual course of starting a large company. Many analysts wonder aloud what…