Bitcoin miner Rhodium files for bankruptcy in Texas court
Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million.
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Bitcoin dominance is about to drop below 50% for the first time in 3 years
A weakening Bitcoin presence could give altcoins the moonshot they have waited for for three years. 4794 Total views 29 Total shares Bitcoin (BTC) revisited recent lows near $52,000 on April 22 as sustained weakness continued for the largest cryptocurrency.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewTraders await altcoin "magic"Cointelegraph Markets Pro and Tradingview revealed a lackluster…
Former JPMorgan, Barclays execs on why crypto jobs attractive even in bear market
Despite the ongoing cryptocurrency market decline and associated forced layoffs in major crypto firms, a career in crypto doesn’t turn less attractive to many traditional finance executives.European crypto exchange-traded fund (ETF) provider 21Shares announced three major hires on Wednesday to expand its presence in countries like France, Germany and the United Arab Emirates.Marina Baudéan, 21Shares’ newly…
Bitcoin Ordinals volume hits $210M in Q2 – DappRadar
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Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023
El Salvador paid $800 million in debt at the start of the year before the maturing period, raising the confidence of investors, as President Bukele says "told you so". 389 Total views 5 Total shares El Salvador, which adopted Bitcoin as legal tender in 2021, has seen its dollar bond outperform the majority of the…
Poloniex Stops Offering Nine Coins in US Due to Uncertain Regulations
Leading cryptocurrency exchange Poloniex will stop offering nine coins to United States-based customers due to uncertain regulations, according to a blog post published on May 16.Starting from May 29, Poloniex will stop offering trading in Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), Gas (GAS), Lisk (LSK), Nxt (NXT), Omni Layer (OMNI), and Augur (REP)…
Co-founders of ICO Startup Admit to Stealing Business From Their Own Company
The co-founders of Bidooh, a British digital advertising firm, admitted to stealing intellectual property from their own company with the intention of selling it to third-parties. The firm created facial analytics software for use in advertisement, after ending a $3 million initial coin offering, or ICO, in 2018.As reported on April 20 by Prolific North,…
Game recognize game: Institutions make it easier to invest in Bitcoin
With the crypto sector currently riding a wave of bullish sentiment, as demonstrated by Bitcoin (BTC) passing its all-time high value of $19,892 at the start of the month, causal as well as institutional investors all over the world are now becoming more interested in the growing sector. For example, on Dec. 3, S&P Dow…