“Lowering our debt nearly 85% from a high of $165 million in June 2022 to $25 million today has significantly decreased principal and interest obligations, which boosts our cash flow and positions us well for future growth," Bitfarms CEO Jeff Lucas said in the Thursday press release.
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The United States economy could be in for an upset. Data from a Wall Street Journal survey revealed financial experts expect the country to face an economic downturn this year.Over two-thirds of economists at 23 major financial institutions that do business with the Federal Reserve believe the U.S. will have expectsRecessionTradFiTwoThirds Read More
According to a new study, out of the estimated 55.3 million cryptocurrency holders that are spread among 33 African countries, three countries — Nigeria, South Africa, and Kenya — account for approximately 36.14 million or nearly two-thirds of this total. In contrast, the study found that Seychelles, which is home AccountAfricaAfricasBitcoinCountriesCryptocryptoexchangeExchangesHoldersNewsStudyTwoThirds Read More
“The fact that two-thirds of the over 2,000 commenters are pushing back against the idea of a CBDC shows not only that this is not the niche issue it once was a few years ago, but also that Americans recognize the very real risk a CBDC could pose to their AdoptingCatoCommentersDigitalDollarInstituteOpposePublicTwoThirds Read More
According to a recent report curated by NonFungible, players of the monster-battle nonfungible tokens, or NFTs, game Axie Infinity transacted nearly $3.5 billion worth of NFTs in 2021. This accounts for almost two-thirds of all NFTs transacted in the entire blockchain gaming industry in 2021. In second and third place accountedAxieBitcoinblockchaingamecryptoexchangeExchangesInfinityNFTTransactionsTwoThirds Read More
Warren Buffett isn’t much of a bitcoin fan. He’s called it rat poison squared, a gambling device, delusional, and a seashell with no inherent value. But, if he wanted to, he could become the biggest bitcoin whale of them all. Buffett could buy two-thirds of the existing BTC supply… BitcoinBuffettBuyCashCCNcomExistingSpareTwoThirdsWarren Read More