Cryptocurrency Analysis and News Portal
Russia Mining Company (RMC) has taken over the facility of the now-defunct Nadvoitsy Aluminium Plant in the northern Karelia region, which ceased operations in 2018 due to U.S. sanctions. RMC plans to turn the aluminum plant into a mega Bitcoin mining farm that would control 20 percent of the world’s
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Jack Dorsey, the CEO of Twitter and Square is increasing his stake in the cryptocurrency arena as the Wall Street Journal (WSJ) reports the bitcoin bull investing in CoinList. Dorsey’s other company, Square, is also heavily involved in bitcoin trading. Dorsey Endorses CoinList Speaking to the WSJ on the decision to invest
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Bitmain Technologies, the world’s leading manufacturer of Bitcoin mining equipment, has secretly filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Bitmain’s application comes just a few days after its primary competitor, Canaan Creative, made its IPO intentions known to the financial authority. Fascinatingly,
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View Bitcoin looks set to post the first monthly gain since June. The percentage rise, however, may be less than 10 percent as the daily chart is reporting signs of buyer exhaustion. A triangle breakdown on the hourly chart, if
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Russian Mining Company will station the equipment for mining on the metalworking plant that is not used since August 2018. Russia has always had great ambitions, and now this vast country is planning to embrace a significant part of the Bitcoin (BTC) mining industry. To deeper penetrate into this activity, Russian
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Since Bakkt has launched its physically settled Bitcoin futures platform, it has opened new landscapes for investors. What will BTC options change?To refresh our memory, Bakkt, which is backed by New York Stock Exchange (NYSE) and the Intercontinental Exchange (ICE), recently in late September launched its long-awaited Bitcoin Futures platform,
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Iconic Funds, a leading regulated cryptocurrency asset management firm has announced plans to launch its Bitcoin Exchange Traded Note (ETN) of up to 100 million Notes, tracking the New York Stock Exchange (NYSE) Bitcoin Index (NYXBT). The ETN will be available to both retail and institutional investors, according to a
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Yesterday, Bitcoin (BTC) plunged by $300 in literal minutes, falling to as low as $9,200 after consolidating in and around $9,500. There were many saying that this flash crash-esque move validated their bearish analyses, which implied that BTC would return to the $8,000s in the coming days.However, true to the
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Bitcoin mining giant Bitmain is once again reportedly undergoing an upheaval within its upper hierarchy. Bitmain’s ex-figurehead Jihan Wu seems to be calling the shots, dismissing co-founder Micree Zhan. The news of the organizational restructuring at Bitmain comes as mining rival Canaan is moving forward with its U.S. IPO. Micree Zhan
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Canaan Creative, the world’s second-largest Bitcoin mining machine manufacturer after Bitmain, has filed for a $400 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). If all goes as planned, Canaan’s shares will be listed on the NASDAQ Stock Exchange with the ticker symbol CAN,
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