November 2021 | Page 2 of 171 | Last Cryptocurrency News Feed

SoftBank-Backed Brazilian Bitcoin Exchange Raises $50 Million In Extension Round

2TM, the owner of Mercado Bitcoin, had captured $200 million in July and is now valued at about $2.15 billion.2TM, the owner of Brazil’s biggest bitcoin exchange, Mercado Bitcoin, has raised $50 million in an extension round.Now valued at $2.15 billion, the group had captured $200 million in July from SoftBank Group Corp.Mercado Bitcoin has…

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Ethereum approaches a new ATH, but derivatives data reflects mixed emotions

Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally. 714 Total views 22 Total shares Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached…

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The Reasons Behind Digital Currency Group Picking Connecticut as New Headquarters

Digital Currency Group (DCG) is moving to Connecticut, and with this relocation, the company aims to generate over 300 jobs over the next five years. Barry Silbert cited the proximity to major metropolitan areas, infrastructure, talent, business-friendly environment, and facilities as the reasons behind the move. Cryptocurrency behemoth Digital Currency Group (DCG) announced relocating to…

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Bitcoin Miner Griid Plans To Go Public In $3.3 Billion Merger

The Cincinnati-based miner is expected to list on the NYSE under the ticker symbol GRDI in a SPAC deal with Adit EdTech to close in Q1 2022.Bitcoin Miner Griid Infrastructure LLC announced today it had entered into a definitive merger agreement with Adit EdTech Acquisition Corp. to list on the New York Stock Exchange (NYSE).…

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$3.3B Bitcoin mining company Griid to list on NYSE via SPAC deal

The company projects it can mine up to 25,000 BTC per year by 2024. In a filing with the United States Securities and Exchange Commission on Tuesday, special purpose acquisition company, or SPAC, Adit EdTech Acquisition Corp, announced it would merge with Cincinnati-based Bitcoin (BTC) miner Griid at a $3.3 billion enterprise valuation. SPACs are…

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UAE issues first NFT stamps in the Middle East

The United Arab Emirates has adopted a favorable approach towards crypto. Now, its postal operator is issuing NFTs to commemorate National Day. 437 Total views 17 Total shares The United Arab Emirates’ postal operator is issuing nonfungible token (NFT) stamps to commemorate the federation’s 50th National Day, offering further evidence that digital collectibles are gaining…

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Bitcoin Dips As Powell Voices Plans To Accelerate Bond Taper

Jerome Powell – Chairman of the Federal Reserve – has now confessed that rising US inflation numbers are not “transitory”. As such, he is considering speeding up the taper on the Fed’s bond purchase program to bring inflation under control. As the news dropped, Bitcoin’s price almost immediately fell by $2000. Inflation Not “Transitory,” Says…

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Leapfrogging Legacy Banking To A Bitcoin Standard

How looking at the history of technological adoption can give us insights into where Bitcoin could be embraced the fastest.IntroThroughout time, technology has proven to change our lives by leveraging efficiencies in energy. New ways in how we hunt have saved time and energy for innovation and to live more intentionally. Currently, Bitcoin presents an…

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Bitcoin, stocks and commodities correct after Fed chair mentions policy change

BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected. 322 Total views 9 Total shares Global financial market took a hit on Nov. 30 after comments from U.S. Federal Reserve Chair Jerome Powell hinted…

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ENS DAO delegates offer perspective on DAO governance and decentralized identity

Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community. Cointelegraph spoke to two ENS DAO delegates who applied for the opportunity to represent the community and stay involved in the decision making process: Victor Zhang, CEO of AlphaWallet, an open source Ethereum wallet, and Gregory…