GameStop buying Bitcoin would ‘bake the noodles’ of TradFi: Swan exec
Swan Bitcoin’s John Haar says shockwaves would be sent through the markets if GameStop uses its $4.6 billion in cash to buy Bitcoin and commits to buying more.
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Former Coinbase CTO makes $2M bet on Bitcoin’s performance
Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States. 1590 Total views 4 Total shares Own this piece of history Collect this article as an NFTFormer Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin's (BTC) price over the…
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SuperRare cuts 30% of staff as growth slows during crypto winter
Despite only being a week into the new year, SuperRare adds to a number of firms announcing staff cuts such as Huobi and Genesis. 245 Total views 7 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTNon-fungible token (NFT) marketplace SuperRare has announced a 30% staff-member cut as CEO John Crain explained…
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Argo Blockchain Plans to Terminate Mining Contracts, Cut Costs by 35 Percent
United Kingdom-based cryptocurrency mining provider Argo Blockchain announced it was refocusing its business as part of a major cost-cutting exercise, according to a strategy update published on Feb. 15.Argo, which is headquartered in London with facilities in Quebec, said it would terminate its Mining-as-a-Service (MaaS) operations by April, focusing solely on direct mining.MaaS operators facilitate…
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OpenAI to expand ‘capped for-profit’ status to woo whale investors — report
The change comes amid reports the firm plans to hold an investment round at a valuation of more than $100 billion.
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Bitcoin may attract $2T from new $20T money supply in 2025
Bitcoin could attract $2 trillion in investments during 2025 as the global money supply grows to $127 trillion.
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Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture
Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm's confidence in its potential amid a surge in AI investments.
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Congressman jokes about a Mongoose Coin: Now it exists
His speech inspired a bunch of mongoose-related tokens including Mongoose Coin, Son of Mongoose and Baby Mongoose. 1678 Total views 26 Total shares Democratic representative for California Brad Sherman joked about how ridiculous a “Mongoose Coin” would be on Wednesday — and by Friday it had become a reality. During Wednesday’s hearing on crypto at…
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Bitcoin’s market cap will flip gold: Winklevoss twins
The Winklevoss twins have urged attendees of the Singapore Fintech Festival to educate themselves on Bitcoin, predicting BTC’s market cap will flip that of gold. 676 Total views 7 Total shares Speaking during the Singapore Fintech Festival 2020 on Dec. 7, pioneering Bitcoin investors Cameron and Tyler Winklevoss reaffirmed previous forecasts that Bitcoin’s (BTC) price…