Coinbase refutes accusation it violated campaign finance laws
Describing the allegations as “misinformation” — Coinbase chief legal officer Paul Grewal said Coinbase was exempt from certain campaign finance regulations as it is not a federal contractor.
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GME and AMC stock surge may impact crypto meme coins, BTC not so much?
This year, stocks like the movie theater chain AMC Entertainment and video game retailer GameStop (GME) have been the vehicle for individual retail traders to show their dissent against the so-called “free market.” Starting in late January and driven by sentiment from Reddit communities such as r/Wallstreetbets, these meme stocks have seen enormous growth this year.…
Bitcoin entering most likely 2 weeks for new BTC price dip — Analysis
Bitcoin market inertia is dragging on, and a BTC price drop over the next fortnight would correspond to classic post-halving behavior.
Next-Generation Bitcoin Mining Hardware Arrives Just In Time For BTC Halving
MicroBT has unveiled its coming series of 100 TH/s miners for the post-halving block rewards, igniting competition with Bitmain. 153 Total views 22 Total shares Bitcoin (BTC) ASIC manufacturer MicroBT has revealed its new mining hardware, boasting a hash rate of 100 terahashes per second (TH/s). This product unveiling demonstrates that competition is heating up…
Mining rig manufacturer Canaan announces narrowing net loss in Q2 results
A vastly improved gross margin on sales contributed to a reduction in net loss of over 90% compared to figures from a year ago. Bitcoin mining rig manufacturer Canaan on Aug. 31 released its unaudited financial results for the second quarter of 2020.While gross profit was up both year on year and quarter on quarter,…
Deloitte 2018 Survey: Blockchain “Getting Closer to Breakout Moment Every Day”
“Big Four” auditor Deloitte’s 2018 blockchain survey, published August 27, reveals that the technology is gaining significantly – if unevenly – in traction at the executive level of enterprises across diverse industries. Deloitte’s survey polled a sample of just over 1,000 senior executives in seven countries – Canada, China, France, Germany, Mexico, U.K., and…
Venezuela bans crypto mining to protect power grid
This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.
Is BTC price about to retest $20K? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of February in a newly bearish mood as multi-month highs fail to hold.In what may yet bring vindication to those predicting a major BTC price comedown, BTC/USD is back under $23,000 and making lower lows on hourly timeframes.Feb. 6 trading may not yet be underway in Europe or the…