Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin.
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IBM and Fair Trade Initiative Demo Blockchain-Based Coffee Tracking App
On Jan. 6 at The Consumer Electronics Show in Las Vegas, IBM and Farmer Connect – an organization committed to increasing transparency and sustainability in agriculture supply chains – demoed a blockchain-based app that allows consumers to learn about the coffee beans they purchase.Founder and president of Farmer Connect, David Behrends, told Cointelegraph that the…
Bitcoin traders warn BTC price can still dip to $62K or ‘even lower’
BTC price action resembles Deja vu from last week, as a trip toward range highs precedes Donald Trump’s Bitcoin conference speech.
ProShares Bitcoin ETF to debut on NYSE on Oct. 19
The first Bitcoin futures-linked ETF is finally launching in the United States after years of effort. 3388 Total views 30 Total shares The first Bitcoin (BTC) futures-linked exchange-traded fund in the United States, ProShares’ Bitcoin Strategy ETF, will begin trading on the New York Stock Exchange on Tuesday under the ticker BITO.ProShares CEO Michael Sapir…
Bullish Bitcoin newsflow gives bulls a boost ahead of Friday’s $565M options expiry
On Friday, June 11, a total of $565 million in Bitcoin (BTC) options are set to expire. This is significant because the last couple of weeks have been a massive deception for bulls. After all, the price was struggling to sustain the $33,000 support.However, an unexpected bullish turn of events led to an 18.5% hike…
Blockchain Firm Ripple Fuses xRapid, xVia and xCurrent into RippleNet
Ripple, the blockchain firm behind crypto asset XRP, fused three of its services into features of its RippleNet offering.Industry news outlet CryptoNews reported the change in Ripple’s product offering on Oct. 9.Little more than the names changedPer the report, a company’s spokesperson explained that now, “instead of buying xCurrent or xVia, customers will connect to…
Uphold will not delist XRP before court decision
The payments processor and exchange is committing to only delist XRP if and when the lawsuit is resolved. 1188 Total views 7 Total shares Cryptocurrency payment processor and exchange operator Uphold has formally clarified that it will not delist XRP for the time being.As part of an announcement made on Monday, Uphold stated it will…
Major UK Energy Company Acquires Stake in Blockchain Firm Electron
Major United Kingdom energy company OVO has invested in blockchain firm Electron through its recently launched technology division, Kaluza. The development was announced in an OVO blog post published on March 12.Kaluza — an intelligent grid technology company that provides software and hardware products to the energy sector — has reportedly made an investment in…
Decentralized Secured Loans Network Enables Borrowers and Lenders to Set Their Own Terms
A decentralized peer-to-peer network is aiming to streamline the experience crypto holders have when borrowing and lending their assets — and give them the chance to strike up loan agreements on their own terms.Nitrogen says its aim is to help crypto enthusiasts increase liquidity and hedge risks in a secure and simple way, enabling them…