Cryptocurrency Analysis and News Portal
Riot Blockchain, a Nasdaq-listed cryptocurrency mining company, has inked another deal with Chinese mining giant Bitmain to buy 15,000 Antminers. According to a Dec. 21 announcement, the Colorado-based firm expects the new purchase will contribute a 65% increase to its total Bitcoin (BTC) mining hash rate.The purchase cost Riot $35
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Business intelligence company MicroStrategy has added to its Bitcoin (BTC) stash, with a purchase of 29,646 BTC for a total of $650 million, an average of around $21,925 per BitcoinCEO Michael Saylor tweeted the news immediately following a pullback in price to $22,247, although it is unclear whether the acquisition
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Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake in NYDIG.The twin plays – both revealed in a Thursday press release – give MassMutual direct exposure to the cryptocurrency’s price swings and signal it’s betting
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MicroStrategy is turning to investors to fund up to $400 million more in bitcoin purchases. Source
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MicroStrategy's share prices have increased over 170% since the company first announced its interest in bitcoin in July. Source
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PayPal’s recent leap into the crypto market is helping to drive the current bitcoin (BTC) rally, according to Pantera, a prominent cryptocurrency and blockchain investment firm.In an investor letter published Nov. 20, the venture firm compared the ongoing bull market to the last time BTC rose above $18,000, three years ago. “Previously
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The Vancouver firm is targeting 1,000 PH/s in the next 12 months. Source
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Ripple’s latest Q3 2020 report shows the firm made On-Demand Liquidity (ODL) sales of $81 million this quarter.
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In this issue Why did Square acquire US$50 million in bitcoin?Google Cloud joins Block.one networkDigital currency initiatives advance globallyIn China: central bank pushes 50,000 people to spend new e-RMB; Hong Kong as DCEP’s sandboxFunding spotlight: betting on cryptocurrency in India From the Editor’s DeskDear Reader,What’s happening in this part of the world,
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The publicly traded bitcoin miner aims to quadruple its current hashrate by mid-2021. Source
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