This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining
The green Bitcoin mining operator is also en-route to list on the NASDAQ exchange via a SPAC merger. Go to Source Powered by WPeMatico
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Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’
The crypto asset economy has been down in value over the last week as a great number of digital currencies shed significant amounts. The entire crypto-economy is down under the $3 trillion mark, hovering around $2.7 trillion across 10,970 cryptocurrencies. Bitcoin dominance is just above the 40% region while ethereum’s market commands 18.4% of the … Read more
Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager
“The claim that Bitcoin miners jeopardize the electricity network is completely misinformed,” says EU-based fund manager Melanion Capital. Go to Source Powered by WPeMatico
‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev
In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge. Go to Source Powered by WPeMatico
Player Sizzles the Casino Floor With a $134,000 Jackpot Win on Bitcoin.com Games
Bitcoin.com Games dishes out a massive jackpot win for a lucky player who cashes out the big loot! Player Cashes out 2.25 Bitcoin After a Single Lucky Spin Turning up the heat on Bitcoin.com Games, our very own crypto casino is Wazdan’s smashing new slot game Sizzling Bells. The brand new game was just recently … Read more
World’s Largest Collector Car Auction House RM Sotheby’s to Accept Cryptocurrencies
On Wednesday, the world’s largest collector car auction house by total sales, RM Sotheby’s, announced the company will be accepting cryptocurrency payments via Bitpay. The firm’s upcoming Guikas Collection sale on November 19 will be RM Sotheby’s first auction to accept digital currency payments for collectible automobiles. RM Sotheby’s Announces Crypto Payment Support via Bitpay … Read more
Bitcoin falls to a 1-month low after a 6% dive drops BTC price to $56.6K
A snowball effect knocks BTC price through key support levels after today’s 6% drop sends Bitcoin to its lowest levels since mid October. Go to Source Powered by WPeMatico
Fidelity clears regulatory hurdle to become Canada’s first institutional Bitcoin custodian
The service would only be available to institutional investors for now, but Fidelity is also launching Bitcoin ETFs to cater to retail interest. Go to Source Powered by WPeMatico
China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive Measures
Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining taking place at government-operated industrial facilities. State Firms Mining Crypto in China to Face Higher Electricity Bills China’s National Development and … Read more
$9 Billion in Bitcoin: Court Trustee Says Mt Gox Rehabilitation Plan ‘Final and Binding’
Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court’s trustee Nobuaki Kobayashi explains that the rehabilitation plan is now “final and binding.” The document published on Tuesday notes that an announcement will follow that discloses the “details of the specific timing, procedures, and amount of such repayments.” Mt … Read more