Quantum BioPharma invests $1M in BTC, cryptos for treasury diversification
The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock.
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Trump Pump? Bitcoin Price Buoyant After US President Says He’s ‘Not a Fan’
Bitcoin (BTC) was starting to reverse upwards July 12 as a critical tweet from United States president, Donald Trump, became a hot talking point across cryptocurrency.Market visualization courtesy of Coin360Data from Coin360 showed BTC/USD 0.9% up over the past 24 hours after a significant downturn earlier on Thursday. At press time, the pair traded around $11,600,…
Bitcoin miners back hash rate derivative DeFi project on BSC
Standard Hashrate is launching TAU, an algorithmic asset protocol backed by Bitcoin's hash rate. 4738 Total views 12 Total shares A group of Bitcoin (BTC) mining companies have put their weight behind Standard Hashrate and its recently launched TAU Protocol, a synthetic asset platform using hash rate derivatives for its peg mechanism.Announced on Friday, the…
DAO Maker crowdfunding platform loses $7M in latest DeFi exploit
CipherBlade is conducting an investigation into the hack and has identified a Binance account associated with the attacker. 977 Total views 72 Total shares Hackers have stolen funds out of more than 5,000 user accounts with crowdfunding platform DAO Maker, a site aimed at raising money for crypto projects.According to a report from DAO Maker…
Bitcoin dumps on news of successful COVID-19 vaccine trials
Bitcoin apparently did not like all the fanfare over good results in a COVID-19 vaccine trial. 2592 Total views 35 Total shares Bitcoin (BTC) fell sharply in price this morning as pharmaceutical company Pfizer, in collaboration with biotech company BioNTech, announced a breakthrough in its COVID-19 vaccine.Bitcoin fell approximately $1,000, over 6%, between 12:00 pm…
Blockchain.com Seeks Undisclosed Stablecoin Partnership by End of 2019: Report
Crypto wallet provider Blockchain.com is seeking to partner with an unnamed stablecoin project by the end of 2019, the firm’s CEO Peter Smith revealed in an interview with crypto news agency The Block Jan. 21.Blockchain.com, which reportedly provides 32 million wallets, with most of them active to date, is allegedly considering listing a stablecoin on…
20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows. 194 Total views 32 Total shares Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets…