Cryptocurrency Analysis and News Portal
The facility will be CleanSpark's third in Georgia, the other two being in College Park and Norcross, both near Atlanta. The new site in Washington (pop. 4,000) – in northeastern Georgia about 110 miles from Atlanta – is currently operating 340 petahash/second (PH/s) of computing power, and CleanSpark will be
Read More
Speaking Tuesday at Canaccord Genuity’s growth conference, Le said that prior to first purchasing bitcoin (BTC) in August 2020, MicroStrategy explored options including treasury paper, corporate bonds, gold, commodities, real estate, and even artwork. Original Source
Read More
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he has bought the dip during the recent cryptocurrency market sell-off. He added: “Now crypto itself desperately needs policy. It needs regulation.” Kevin O’Leary Buys the Dip, Comments on Bitcoin Price Kevin O’Leary shared his crypto market outlook and investment strategy during this
Read More
The purchase of the 85% stake was for more than 1 million euros ($1.022 million), Bit2Me COO Andrei Manuel told CoinDesk, without disclosing an exact figure. Fluyez, operational as of March 2021, will continue being led by Luis Eduardo Berrospi, co-founder and CEO of the company. Original Source
Read More
Coinbase has long been considered an important bellwether of the cryptocurrency market. Last year, when the company was expanding its workforce, adding institutional clients and issuing stock, crypto prices were hitting record highs. Now, in the depths of crypto winter, Coinbase finds itself slashing a fifth of its workforce, losing
Read More
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that bitcoin is a commodity. Microstrategy Buys the Dip The Nasdaq-listed software company Microstrategy has bought the bitcoin dip again. In a
Read MorePlease note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
Read More
As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies. They are down by almost $2 billion dollars on their Bitcoin (BTC) buys. According to Bitcointreasuries.net, the 130,000 and 43,00 Bitcoin held by Microstrategy and Tesla,
Read More
Key takeaways: Tron DAO Reserve has announced that it has purchased Bitcoin and TRX worth $50 million to add to USDD’s reserves. USDD is currently overcollateralized to the tune of 197%. The stablecoin of USDD is now backed by 14,040.6 Bitcoin, 140 million USDT, and 1.906 billion in TRX. The purchase of Bitcoin and
Read More
Last week’s purchases came with Coinbase shares tumbling more than 70% in 2022, and off more than 80% from the all-time high hit shortly after the company’s initial public offering 13 months ago. Ehrsam and related entities previously had been consistent sellers of Coinbase stock since that April 2021 IPO,
Read More