Category Archive: Cryptocurrency, No picture
MicroStrategy Buys The Dip With $489 Million BTC Purchase
MicroStrategy has completed a $489 million Bitcoin purchase from the proceeds of the sale of $500 in senior debt notes last week. MicroStrategy and the Big Bitcoin Bet The American intelligence firm added 13,000 BTC to its treasury from $489 million (after expenses) raised from corporate bonds sale to accredited investors. The average purchase price […]
China’s Central Bank Calls for Crypto Trading Ban
Key Takeaways China’s central bank has issued guidelines for a harder crackdown on crypto. Bitcoin and crypto prices crashed this morning after the news broke-out, with experts warning this crackdown is more serious than previous ones. The implementation of further bans in China threatens a huge setback for crypto markets. The central bank of China […]
Mila Kunis Launches “Stoner Cats” NFT Cartoon Series
Key Takeaways Mila Kunis is launching “Stoner Cats,” an animated web series Viewers will purchase NFTs, which will be used as access tokens. Funds raised will go toward funding future episodes. Kunis will also voice one of the characters in the series. Actress Mila Kunis has plans to launch a new series of NFTs, as […]
Crypto Bull Market “Definitely Not Over”: 3AC’s Su Zhu
Key Takeaways On the latest Uncommon Core podcast, Su Zhu said that the bull market is “definitely not over.” Zhu argued that while prices have fallen since mid-May, many key metrics point to healthy adoption. He said that fears caused by China and Tesla prompted investors to start taking profits. Su Zhu says that the […]
NASCAR Star Landon Cassill to Receive Salary in Crypto
Landon Cassill has partnered with crypto payments firm Voyager to receive his salary in crypto for the remainder of the 2021 NASCAR season. Most of his salary will be paid in Litecoin and Voyager tokens. NASCAR Driver Adopts Crypto Landon Cassill will receive his salary in cryptocurrencies. The NASCAR driver has partnered with crypto payments […]
Bitcoin Miner Hive Blockchain Heads to Nasdaq
Mine Crypto Another crypto mining company lands a Nasdaq listing. Hive Blockchain to List on Nasdaq Hive Blockchain is heading to Nasdaq, the firm announced Thursday. HIVE is excited to announce today that it has received approval to list its common shares on the Nasdaq Capital Markets Exchange, where it will begin trading soon. HIVE […]
China Rolls Out 3,000 Digital Yuan ATMs
Key Takeaways China has added support for the digital yuan at 3,000 ATMs in Beijing. China has conducted lotteries to boost the popularity of its digital currency. It’s distributed more than $40 million worth of digital yuan so far. China, the United Arab Emirates, and other partners are developing a global payment network based on […]
Sichuan Orders Shutdown on 26 Bitcoin Mining Farms
Key Takeaways Sichuan’s energy authorities have ordered a complete shutdown of mining activities in the region. Sichuan was the last of the three major Bitcoin mining regions in the country. Bitcoin’s total hashrate has dropped 30% since the nationwide crackdown began. Mine Crypto Sichuan’s government has passed an order to shut down 26 Bitcoin mining […]
Canadian Bitcoin Miner Bitfarms Secures NASDAQ Listing
Mine Crypto Beginning Monday, the Nasdaq stock exchange will list the shares of Canadian Bitcoin miner Bitfarms. Nasdaq to List Bitfarms Bitfarms has cleared the DTC eligibility for securing a Nasdaq listing. DTC is the world’s largest securities depository which acts as a market marker for exchanges. Bitfarms will begin trading on Nasdaq on Jun. […]
Paraguay Official Plans to Legislate Bitcoin Next Month
Key Takeaways Carlitos Antonio Rejala Helman, a Paraguay official, is planning to introduce Bitcoin legislation in July. Rejala Helman previously hinted at this in June, when he suggested a project involving Bitcoin and PayPal. One of Paraguay’s top entertainment companies, Grupo Cinco, is also planning to accept Bitcoin and other cryptocurrencies. This news was brought […]
