Tag: eth
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Risk it for the Bitcoin: Has BTC matured to be a safe investment play?
Institutional investors have arrived at the cryptocurrency table, but does that mean that Bitcoin has now become a safe investment?
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Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant
Ukraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations. After a bidding process, Energoatom chose Kyiv Energy Construction Company to handle the nuclear plant crypto mining project. Nuclear Power Plant Operator Expects to Launch the Data Center in 2022 According to official documents, the…
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Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route
The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution to underwrite the settlements. Coinbase to Skip IPO Process, Shoots for a…
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Analyst says Bitcoin price sell-off may occur as Chinese New Year approaches
Bitcoin is struggling to retake the $35,000 level as one analyst predicts miners will continue selling BTC ahead of the Chinese New Year holiday.
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How Robinhood halting GameStop trades led to DeFi and crypto recognition
Robinhood’s shutdown of GameStop stock trading via its platform has led to a massive public uproar. As a beneficiary of this outcry, DeFi and crypto have gained the attention of politicians, retail investors, and entrepreneurs alike. Wall Street faces huge losses over GameStop stock rally On January 11, GameStop agreed to a deal with Chewy.com’s…
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After Elon Musk Changes Twitter Bio To “#Bitcoin,” BTC Price Surges
Early this morning, Elon Musk, the CEO of SpaceX and Tesla, as well as the richest person in the world, changed his Twitter profile to read “#bitcoin” and tweeted a cryptic message that many in the Bitcoin space interpreted as advocacy for the technology or acknowledgment that his tacit endorsement was bound to happen. In…
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Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar
Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars, PCs, laptops, smartphones, and cryptocurrency mining devices. Moreover, the recent shortage has invoked the demand…
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$180M Bitcoin Trust Completes Canadian IPO, Fully Invested on First Day
The bitcoin fund is available in both U.S. dollars and Canadian dollars and is listed on the Toronto Stock Exchange.
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Law Decoded: All vs. One and One vs. All, Jan. 22-29
In a week that saw meme-driven investors rail against Robinhood in what coverage painted as a David and Goliath story, considerations of who exactly policy should defend flared up.
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All Over the World, Small Investors Jump Into the GameStop Frenzy
The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street. It all started when retail investors on the Reddit community wallstreetbets began pumping the price of U.S. video game retailer GameStop’s (GME) stock to counter Wall Street hedge funds…