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“# Argo Blockchain’s Texas mining facility could cost up to $2B ” United Kingdom-based crypto mining company Argo Blockchain’s plans to build an 800-megawatt data center in West Texas could cost anywhere from $1.5 billion to $2 billion. According to a Friday regulatory filing from Argo, the $2 billion cost estimate for the Helios mining…
“# Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply ” Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week. As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in…
“#Kroger dismisses announcement that it will accept Bitcoin Cash” A press release stating that Kroger will begin accepting Bitcoin Cash in its stores was fake, the grocer says. The press release appeared on the company’s investor relations page on Friday morning and on a global newswire for press releases — and was picked up by…
“# Bitcoin only needs to break $64K to run to new all-time highs — Analyst ” Bitcoin (BTC) stayed rangebound on Nov. 5 as fresh analysis argued that breaking $64,000 would produce a new all-time high. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView “So near yet so far” for BTC price all-time high Data from…
“# American grocer Kroger says Bitcoin Cash press release was fraudulent ” Disclaimer: This article initially reported that Kroger would accept Bitcoin Cash. It has since been amended following new information. American grocery store chain Kroger has denied claims that it is accepting cryptocurrency payments. The major retailer said that a press release stating it would…
“# New study reveals which US cities lead crypto hires in 2021 ” Metropolises led the crypto-related hires in the United States during 2021, but jobs in the space are well dispersed around the country, LinkedIn data revealed. A new study conducted by LinkedIn for Bloomberg shows that there is not a single hub for…
“# Square’s Cash App Bitcoin profits fall 23% — Will opening it to teenagers help? ” Jack Dorsey’s payments company Square Inc. revealed in its Q3 earnings report that mobile payments app Cash App saw a 23% drop in quarterly profits generated by Bitcoin. But Bitcoin profits and revenue are both up year on year….
“# “PlugWalkJoe” indicted for $784k cryptocurrency theft scheme ” Joseph O’Connor, known in some corners of the internet as PlugWalkJoe, was indicted on an array of charges relating to a May 2019 cryptocurrency exchange hack. During the attack, he is alleged to have absconded with digital assets valued at approximately $784,000. In the criminal scheme,…
“# Hawkish Fed comments and fears of stablecoin regulation spark market sell-off ” The bullish optimism seen earlier in the week was dialed back on Nov. 4 after recent comments from U.S. Federal Reserve Chairman Jerome Powell confirmed that the central bank would soon start to taper its monetary policy of easing and bond buying. …
“# NYC and Miami mayors duke it out on Twitter over who is the bigger crypto advocate ” Newly elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin. In a Nov. 4 response on Twitter to Francis…