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“# U.S. miner Blockcap plans to have 40,000 ASICs operational by Q4 ” Blockcap, one of the largest Bitcoin mining firms in North America, has added more than 12,000 additional Bitmain Antminer S19s to its inventory. The firm is now expecting to have deployed more than 40,000 Bitcoin miners by the fourth quarter, and projects…
“# Bitcoin mining stocks have outperformed BTC by 455% over the past 12 months ” Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months. Appearing on CNBC, Fundstrat’s vice president of digital asset strategy, Leeor Shimron, shared his analysis into the market…
“# Bitcoin’s new use case? A report card for how the US handles the dollar ” Throughout the middle of March, many Americans received stimulus checks from the government, and while the payments — $1,400 for every U.S. citizen earning less than $80,000 annually — will be a blessing for millions in desperate economic straits…
“# XRP purchasers back Ripple, arguing that it is not a security ” On Dec. 22, 2020, the United States Securities and Exchange Commission filed a complaint against Ripple Labs. The complaint essentially alleged that Ripple had engaged in a multi-year, sustained practice of illegally selling unregistered, non-exempt securities in the form of its XRP…
“#US goes wobbly under Biden: Goodwin” As metaphors go, it will be hard to top President Biden falling up the steps of Air Force One. He went down not once, not twice, but three times before scrambling to his feet. That was bad enough, but a silly White House excuse made it worse. Wind gusts…
“# Decentralized technology can help protect democracy around the globe ” Recent political developments in the United States demonstrate the critical challenges that centralized technology platforms pose to democracy — in stark contrast to the powerful role social media played in pro-democracy movements in the Middle East and Hong Kong. U.S. election misinformation and disinformation,…
“# CBDCs won’t entirely replace cash if the US Fed gets its way ” Many expect that a time could soon come when central bank digital currencies, or CBDCs, replace physical dollars once and for all. Comments from U.S. Federal Reserve Chairman Jerome Powell, however, indicate that this may not be the case. The chairman’s…
“# Fireblocks crypto startup raises $133M in funding round with BNY Mellon ” According to a March 18 report by the Wall Street Journal, cryptocurrency startup Fireblocks has raised $133 million in a Series C funding round featuring BNY Mellon as well as hedge-fund firm Coatue Management, venture-capital firm Ribbit Capital, and Stripes. BNY Mellon’s…
“# Bitcoin worth the risk for stimulus check recipients despite pressing needs: poll ” Most Americans who expect to receive the next round of relief bill stimulus checks will use the money to buy necessities and pay off debts, but some are still willing to invest in cryptocurrencies like Bitcoin (BTC), a new poll reveals….
“# Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC ” San Francisco-based crypto exchange Kraken has not yet confirmed that it will follow in Coinbase’s footsteps by pursuing a public listing, though the company did rule out the possibility of doing so via a special-purpose acquisition company. In a…