Month: August 2021
Top Articles from Prashant
Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin Brokerage Firm Voyager to Enter Digital Payment Market With $85M Acquisition

Voyager Digital Ltd., one of the fastest-growing crypto brokerage firms has acquired Denmark-based crypto payment app Coinify to extend its services into the digital payment sector. The growing demand for crypto payments and the success of existing companies in the space has pushed Voyager to enter the payment market and Coinify could help the $1.9

Voyager Digital Ltd., one of the fastest-growing crypto brokerage firms has acquired Denmark-based crypto payment app Coinify to extend its services into the digital payment sector. The growing demand for crypto payments and the success of existing companies in the space has pushed Voyager to enter the payment market and Coinify could help the $1.9

Bitcoin News
Bitcoin News

US mining firm buys 30,000 antminers for over $120 million from Bitmain

One of North America’s Bitcoin Mining giants, Marathon Digital Holdings, Inc. has bought an additional 30,000 Antminer S19j Pro (100 TH/s). The deal is valued at $120.7 million. Marathon has scheduled the delivery latest by June 2022. Post-delivery, the company would estimate more than 133,000 Bitcoin mining machines, that would produce approximately 13.3 EH/s upon

One of North America’s Bitcoin Mining giants, Marathon Digital Holdings, Inc. has bought an additional 30,000 Antminer S19j Pro (100 TH/s). The deal is valued at $120.7 million. Marathon has scheduled the delivery latest by June 2022. Post-delivery, the company would estimate more than 133,000 Bitcoin mining machines, that would produce approximately 13.3 EH/s upon

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Skybridge Capital becomes latest firm to buy carbon credits for its Bitcoin holdings

Skybridge Capital, a global multi-asset investment firm that has filed for Bitcoin and Ether Exchange Traded Funds (ETF), has partnered with Moss Earth to offset its carbon footprint generated from its Bitcoin holdings. The firm bought carbon credits to offset approximately 38,436 tons of carbon. The investment firm joins the growing league of crypto platforms

Skybridge Capital, a global multi-asset investment firm that has filed for Bitcoin and Ether Exchange Traded Funds (ETF), has partnered with Moss Earth to offset its carbon footprint generated from its Bitcoin holdings. The firm bought carbon credits to offset approximately 38,436 tons of carbon. The investment firm joins the growing league of crypto platforms

Bitcoin News
Bitcoin News

Jack Dorsey’s Square to acquire fintech firm Afterpay for $29 Billion

Square announced yesterday that it will be signing a Scheme Implementation Deed with fintech firm, Afterpay. According to the deal, Square will be acquiring all the issued shares in Afterpay at approximately $29 billion, following the closing price of Square common stock on July 30, 2021. The acquisition will be completed by Q1, 2022. The

Square announced yesterday that it will be signing a Scheme Implementation Deed with fintech firm, Afterpay. According to the deal, Square will be acquiring all the issued shares in Afterpay at approximately $29 billion, following the closing price of Square common stock on July 30, 2021. The acquisition will be completed by Q1, 2022. The

S.Korea
News
S.Korea
News

11 Mid-Size South Korean Crypto Exchanges Face Closure Amid Fear of Legal Action

The implementation of new regulatory policies for crypto exchanges in South Korea continues to haunt small and medium-sized crypto exchanges. As per a recent report from Korea Herald, a total of eleven mid-sized crypto exchanges may shut their operations amid growing regulatory scrutiny. The local report indicated that the country’s top regulatory watchdog Financial Services

The implementation of new regulatory policies for crypto exchanges in South Korea continues to haunt small and medium-sized crypto exchanges. As per a recent report from Korea Herald, a total of eleven mid-sized crypto exchanges may shut their operations amid growing regulatory scrutiny. The local report indicated that the country’s top regulatory watchdog Financial Services

Binamon
Press Release
Binamon
Press Release

Binamon’s Z1 Planet: Joining Blockchain Technology With Ecology Awareness

Few weeks before launching their new Play to Earn game, Binamon’s metaverse has joined blockchain and games with the awareness of taking care of the planet. Through their new planet Z1, millions of players will enjoy a play to earn game to mint Z1 mineral. By minting the mineral players will help to restore the

Few weeks before launching their new Play to Earn game, Binamon’s metaverse has joined blockchain and games with the awareness of taking care of the planet. Through their new planet Z1, millions of players will enjoy a play to earn game to mint Z1 mineral. By minting the mineral players will help to restore the

Paypal
Bitcoin News
Paypal
Bitcoin News

PayPal Declares Crypto-Service Expansion In United Kingdom

PayPal (NASDAQ: PYPL) intends to expands its crypto-related services within United Kingdom  The company is set to recruit fresh talent for it’s crypto and blockchain dedicated division in Ireland Observing the growing adoption of digital assets, market giant PayPal is set to expand its digital asset related services for consumers across the globe. According to

PayPal (NASDAQ: PYPL) intends to expands its crypto-related services within United Kingdom  The company is set to recruit fresh talent for it’s crypto and blockchain dedicated division in Ireland Observing the growing adoption of digital assets, market giant PayPal is set to expand its digital asset related services for consumers across the globe. According to

Square-Bitcoin-Cash-App
Bitcoin News
Square-Bitcoin-Cash-App
Bitcoin News

Square’s Q2 Bitcoin Revenue Grows 3X YoY, Impairment Losses at $45 Million

Square Inc., the Bitcoin payment app led by Jack Dorsey released its quarterly financial reports for shareholders on August 1st, reporting $4.68 Billion in total revenue in the second quarter of 2021.  Square’s revenue grew 143% year-on-year (YoY). The firm mentioned it has seen a “significant growth in Bitcoin revenue,” estimated to be worth$2.72 Billion,

Square Inc., the Bitcoin payment app led by Jack Dorsey released its quarterly financial reports for shareholders on August 1st, reporting $4.68 Billion in total revenue in the second quarter of 2021.  Square’s revenue grew 143% year-on-year (YoY). The firm mentioned it has seen a “significant growth in Bitcoin revenue,” estimated to be worth$2.72 Billion,

Bitcoin News
Bitcoin News

Saudi Aramco Refutes Bitcoin Mining Claims, Calls it “False & Inaccurate”

The Multi-Billion-Dollar Saudi Arabian Oil Company, Saudi Aramco has debunked Bitcoin (BTC) mining rumors in the country. The news of the world’s largest oil producers gravitating towards the crypto sphere started floating over the weekend. Saudi Aramco is one of the top three oil-producing giants whose names were attached to crypto news. However, one of

The Multi-Billion-Dollar Saudi Arabian Oil Company, Saudi Aramco has debunked Bitcoin (BTC) mining rumors in the country. The news of the world’s largest oil producers gravitating towards the crypto sphere started floating over the weekend. Saudi Aramco is one of the top three oil-producing giants whose names were attached to crypto news. However, one of

Bitcoin News
Bitcoin News

Bitcoin (BTC) Miner’s Revenue See a 16% Jump From June

Bitcoin network’s mining hashrate has started to recover, seeing a continuous flow of over 110 THs over the past month. The network hashrate took a massive hit in May and June when the Chinese crypto crackdown was at its peak. However, now that miners from China have started to mine again outside the country, the

Bitcoin network’s mining hashrate has started to recover, seeing a continuous flow of over 110 THs over the past month. The network hashrate took a massive hit in May and June when the Chinese crypto crackdown was at its peak. However, now that miners from China have started to mine again outside the country, the

Bitcoin-mining-selling
Bitcoin News
Bitcoin-mining-selling
Bitcoin News

Are World’s Largest Oil Producing Companies Diving into Bitcoin Mining?

The latest report in the market is that the world’s largest oil-producing companies are mulling to join the Bitcoin mining market. On Sunday, August 1, TrustNodes first reported that oil-producing companies are working out a way to use the gas byproduct in Bitcoin mining activities. Thus, productively using the gas will also help in reducing

The latest report in the market is that the world’s largest oil-producing companies are mulling to join the Bitcoin mining market. On Sunday, August 1, TrustNodes first reported that oil-producing companies are working out a way to use the gas byproduct in Bitcoin mining activities. Thus, productively using the gas will also help in reducing

News
News

Ethereum Whales Are Pushing Price of CryptoPunk NFTs to the Moon

Etheruem whales have once again taken the charge of pushing the price higher, however, this time it’s not Ether (ETH) but the CryptoPunk NFTs where they are pouring the money. With the whale purchase frenzy, the prices of CryptoPunk NFTs have shot by 53% over the last week. Last week, an Ethereum whale poured over

Etheruem whales have once again taken the charge of pushing the price higher, however, this time it’s not Ether (ETH) but the CryptoPunk NFTs where they are pouring the money. With the whale purchase frenzy, the prices of CryptoPunk NFTs have shot by 53% over the last week. Last week, an Ethereum whale poured over

Trading Techniques
Altcoin News
Trading Techniques
Altcoin News

Bitcoin, Cardano Price Analysis: August 2, 2021

Bitcoin price correction from $42,000 underway, with losses eying $38,000 and $36,000. Cardano looks bullish after holding above the 50 SMA. The new week seems to have commenced on a bearish note, with cryptocurrencies posting considerable single-digit losses. Bitcoin price had lifted above $42,000 over the weekend, but the uptrend was short-lived. At the time

Bitcoin price correction from $42,000 underway, with losses eying $38,000 and $36,000. Cardano looks bullish after holding above the 50 SMA. The new week seems to have commenced on a bearish note, with cryptocurrencies posting considerable single-digit losses. Bitcoin price had lifted above $42,000 over the weekend, but the uptrend was short-lived. At the time

News
News

South Korean Police Restarts Investigation in the Bithumb Fraud Case

It looks like the troubles for crypto exchange Bithumb aren’t ending anytime soon! On Monday, August 2, the South Korean police reopened an investigation into the Bithumb fraud case involving the former chairman of the exchange. The news comes just within a month’s period after top executives of Bithumb were indicted by Hong Kong regulators

It looks like the troubles for crypto exchange Bithumb aren’t ending anytime soon! On Monday, August 2, the South Korean police reopened an investigation into the Bithumb fraud case involving the former chairman of the exchange. The news comes just within a month’s period after top executives of Bithumb were indicted by Hong Kong regulators

Altcoin News
Altcoin News

Ethereum Price Leaps To $2,600 Ahead Of The London Hard Fork

Ethereum price gains traction during the weekend, trading above $2,600. The much-awaited Ethereum London hard fork upgrade is expected to kick off on August 4. Ethereum must settle above $2,600 to avert a potential retreat to $2,400. Ethereum price gained abandoned the bearish calls to $2,000 late last week and posted incredible gains over the

Ethereum price gains traction during the weekend, trading above $2,600. The much-awaited Ethereum London hard fork upgrade is expected to kick off on August 4. Ethereum must settle above $2,600 to avert a potential retreat to $2,400. Ethereum price gained abandoned the bearish calls to $2,000 late last week and posted incredible gains over the

Altcoin News
Altcoin News

Fed Governor: Not Having A Digital Dollar Is Not An Option Anymore

It is clear that the next big economic dominance will depend a lot on the central bank digital currencies (CBDCs), and the top two economies – the U.S. and China – are taking the battle to the next level. Last Friday, July 30, Fed Governor Lael Brainard stressed that not having a Digital Dollar in

It is clear that the next big economic dominance will depend a lot on the central bank digital currencies (CBDCs), and the top two economies – the U.S. and China – are taking the battle to the next level. Last Friday, July 30, Fed Governor Lael Brainard stressed that not having a Digital Dollar in

News
News

Stablecoins USDC and BUSD Are Eating into the Market Share of Tether (USDT)

As the overall cryptocurrency market continues to expand with more user participation, stablecoin providers have been competing to gain major market share. As it seems, stablecoin Tether (USDT) continues to dominate the market with a $61 billion USDT coins floating in the market. However, it seems that competitors like Circle’s USDC and Binance’s BUSD are

As the overall cryptocurrency market continues to expand with more user participation, stablecoin providers have been competing to gain major market share. As it seems, stablecoin Tether (USDT) continues to dominate the market with a $61 billion USDT coins floating in the market. However, it seems that competitors like Circle’s USDC and Binance’s BUSD are

Grayscale
Bitcoin
Grayscale
Bitcoin

Wealthfront ($21 Billion AUM) Offers Cryptocurrency Exposure to its Clients Through Grayscale

Wealthfront, a financial institution based in California, has announced an expansion of its digital asset investment menu on Thursday. Reportedly, the company will now include Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) among its other investment options. Wealthfront also noted that they would deliver additional solutions to customers with cryptocurrencies different from BTC

Wealthfront, a financial institution based in California, has announced an expansion of its digital asset investment menu on Thursday. Reportedly, the company will now include Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) among its other investment options. Wealthfront also noted that they would deliver additional solutions to customers with cryptocurrencies different from BTC