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VALR, Africa’s leading crypto exchange by trade volume, has named Ben Caselin as its chief marketing officer (CMO). The appointment, the exchange notes, is part of their drive for global adoption. VALR appoints Ben Caselin as CMO Since its inception in 2018, VALR, a crypto exchange based in South Africa, has expanded
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Tether is planning a large-scale expansion into Bitcoin (BTC) mining, according to Paolo Ardoino, who is expected to take the helm at the company soon.The stablecoin firm may spend around $500 million in the next six months on the construction of mining facilities and investments in other miners, Ardoino told
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The world’s largest Bitcoin mining company is set to geographically diversify business, leading to a gradual decrease in production costs. Shares of Bitcoin (BTC) mining company Marathon Digital (MARA) rallied 11.6% on Nasdaq on Nov. 15. The investors appear to be optimistic about the company’s future after the Las Vegas-headquartered company
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In a detailed market update, Charles Edwards, founder of Capriole Investment, has provided an in-depth analysis of Bitcoin’s current market position, highlighting
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The Chinese artificial intelligence (AI) chip market has been subject to ongoing export restrictions which imposed by the United States from October 2022, which prohibited the sale of certain U.S. products to China. The U.S. initially blocked the export of the highest level of chips produced by companies like Nvidia and
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The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets. Source
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Trading platform Robinhood has revealed its intentions to expand into Europe in the coming weeks. The company is exploring establishing brokerage operations in the United Kingdom. It made this decision known on Tuesday, Nov 7.The commission-free trading app made this announcement as it revealed its third-quarter results, indicating a revenue
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Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees in a recent wave of staff cuts, citing the need to reallocate its resources.The firm’s founder and CEO Emin Gün Sirer confirmed the news on Nov. 7 after several former Ava Labs employees
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BitGo head Mike Belshe said the firm is close to receiving approval from the Dubai regulator. Cryptocurrency custodian BitGo, backed by Goldman Sachs, is seeking expansion into the Middle East following a recent $100 million funding round, which brought the company’s valuation to $1.75 billion. In an interview with Financial News, BitGo
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Bit Digital is extending its crypto mining operations into the AI sector, signing a pivotal GPU rental contract and investing $35 million in high-performance computing hardware. New York-based digital asset and cloud computing firm Bit Digital is diversifying its portfolio by launching a new business vertical called Bit Digital AI. This
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