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Bitcoin News
When Facebook and payments giant Square launched, they were trailblazers in the industry. Now, after Facebook, Square too has changed its name — to Block — in a bid to embrace the future of technology. Fast facts Square CEO Jack Dorsey and Facebook CEO Mark Zuckerberg have never gotten along. Dorsey has jibed at Zuckerberg […]
Monika Ghosh
Bitcoin News
Griid Infrastructure, a U.S.-based Bitcoin mining company, is set to go public through a merger with Adit EdTech Acquisition Corp., a special purpose acquisition company (SPAC), in a deal that would value the combined company at about US$3.3 billion, according to a company statement released Tuesday. Fast facts Upon completion of the deal, the combined […]
Timmy Shen
Bitcoin News
The Korea Premium Index for Bitcoin reached 7% last Sunday, which may indicate an influx of retail investors.
Danny Park
Bitcoin News
Fed chairman Jerome Powell signaled that tighter monetary policy may be coming, which sent Bitcoin price's down slightly.
Jeanhee Kim
Bitcoin News
While the wait for a U.S. Bitcoin spot exchange-traded fund continues, Invesco, a U.S. investment firm with US$1.6 trillion in assets under management, has partnered with CoinShares to launch a European exchange-traded product physically backed by Bitcoin, according to reporting on Nasdaq.com. Fast facts The Invesco Physical Bitcoin ETP will be listed on Deutsche Börse […]
Lachlan Keller
Bitcoin News
Twitter's stock rose 10% on the news, and his other company, Square, also opened up 4%.
Jeanhee Kim
Bitcoin News
Fund manager Fintonia has launched two new Bitcoin funds — Fintonia Bitcoin Physical Fund and Fintonia Secured Yield Fund — for institutional investors. Fast facts The physical fund buys and holds actual Bitcoin, rather than investing in a Bitcoin-linked derivative product. The fund’s Bitcoin will be stored with a licensed and insured custodian, according to […]
Monika Ghosh
Bitcoin News
The impact was relatively short-lived, and many major tokens had already retraced most of their positions from Friday coming in Asia business hours.
Lachlan Keller
Bitcoin News
A week after the announcement that the famed Staples Center in Los Angeles will be renamed the Crypto.com Arena, the city plays host to another landmark crypto event, as a player for the NFL team the L.A. Rams has announced he will receive his US$4.25 million salary for the 2021-22 season in Bitcoin. Fast facts […]
Lachlan Keller
Bitcoin News
Chinese cryptocurrency mining rig maker Canaan doesn’t seem to shy away from running its own mining business in Kazakhstan despite a power shortage situation in the Central Asian nation, which has become a popular destination for Chinese miners amid China’s clampdown on the sector. Fast facts Canaan announced today it has started joint mining operations […]
Timmy Shen
