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United States-based crypto mining host Core Scientific has announced that the $5.3 billion asset manager and hedge fund Horizon Kinetics has upgraded its investment to access Bitmain’s news Antminer S19 and S19 Pro models.The July 2 announcement comes less than two weeks after Core Scientific announced a record purchase of
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New York Digital Investments Group (NYDIG) raised $190 million from 24 investors for another bitcoin fund. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency
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Not So Private: 99% of Zcash and Dash Transactions Traceable, Says ChainalysisChainalysis says it can track 99% of transactions involving Zcash, and almost all of Dash's - coins that both fancy themselves as private and untraceable. Now, that's because the majority of users do not utilize the optional privacy-enhancing features
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With Galaxy Digital now working on an educational course for financial advisers, founder Mike Novogratz told CryptoX he hopes it will help finally kick-start the institutional use of bitcoin, and turn around the asset manager’s fortunes. Novogratz, a Wall Street veteran, loves a compelling narrative. “Bitcoin specifically is a story about
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Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March’s global financial meltdown, according to analysts at one of the world’s largest investment banks. In a note to investor clients circulated June 11 and obtained by CryptoX, JPMorgan Chase & Co. analysts described how bitcoin has
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Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new
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On June 11, South Korean experts stated through local media that cryptocurrencies are a “poor choice” of safe-haven assets during the COVID-19 pandemic.According to The Scoop, Professor Hong Ki-hoon of Hongik University stated that crypto-assets like Bitcoin (BTC) should not be considered as “safe-haven assets,” at the level of Gold,
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[sociallocker id="55298"] Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less than
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Also Read: Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down U.S. Patent No. 10,579,974, entitled “SYSTEMS, METHODS, AND PROGRAM PRODUCTS FOR A DISTRIBUTED DIGITAL ASSET NETWORK WITH RAPID TRANSACTION SETTLEMENTS,” was issued on March 3, 2020. The patent is directed to AiB’s core
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Cryptocurrency traders don’t seem to care that Goldman Sachs is such a bitcoin hater. At least, that’s the signal markets are sending. Bitcoin prices have surged since the Wall Street heavyweight’s money-management division declared in a presentation this week that the cryptocurrency is “not a suitable investment for our clients,” merely a beneficiary of
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