Jack Dorsey says Sq. could construct a bitcoin mining system, including to bitcoin value surge

Square CEO Jack Dorsey mentioned late on Friday the corporate would possibly bounce into the bitcoin mining enterprise. Dorsey tweeted that the corporate is contemplating a “bitcoin mining system primarily based on customized silicon and open supply for people and companies worldwide.” The worth of bitcoin rose above $62,000 following Dorsey’s string of tweets, because … Read more

Bitcoin nears $60K for first time in six months as ETF nears approval

Bitcoin is approaching $60,000 for the primary time since April amid expectations that the Securities and Trade Fee will approve an exchange-traded fund based on futures contracts tied to the unstable cryptocurrency. Bitcoin was final seen trading at more than $59,300 per coin, up nearly 3 p.c from a day earlier. Shortly after 1 a.m. … Read more

Bitcoin nears $60,000—shares bounce on earnings optimism

Shares look to complete out the week on a excessive notice, helped by earnings and powerful labor market knowledge. Read More Source link

SEC Set to Permit Bitcoin Futures ETFs as Deadline Looms

(Bloomberg) — The Securities and Alternate Fee is poised to permit the primary U.S. Bitcoin futures exchange-traded fund to start buying and selling in a watershed second for the cryptocurrency trade, in keeping with individuals acquainted with the matter. Most Learn from Bloomberg The regulator isn’t more likely to block the merchandise from beginning to … Read more

Blockchain says it posted $1.5 billion in income this yr

One of many oldest corporations within the crypto business shares its income figures for the primary time. Read More Source link

Bitcoin miner Stronghold will record virtually 6M shares in its $100M IPO By Cointelegraph

© Reuters. United States mining firm Stronghold Digital Mining will record virtually six million shares in an preliminary public providing (IPO) on the Nasdaq. Stronghold plans to record 5,882,352 Class A standard inventory shares priced between $16 and $18 underneath the ticker “SDIG.” Taking the typical proposed providing value places the IPO at round $100 … Read more

Buyers push international shares and crypto larger at the same time as inflation spikes

Crypto bulls are again, pushing Bitcoin’s market cap above $1 trillion. Shares and futures are larger right this moment, too. Read More Source link

Russia’s Putin says crypto has ‘worth’ — however possibly not for buying and selling oil

Russian President Vladimir Putin delivers a speech through the Russian Vitality Week occasion on October 13, 2021 in Moscow, Russia. Mikhail Svetlov | Getty Photos Russian President Vladimir Putin thinks cryptocurrencies have worth — however he is not satisfied they will substitute the U.S. greenback in settling oil trades. Some months in the past, Russia’s … Read more

US replaces China as world’s largest miner of bitcoins

The US has turn out to be the world’s epicenter for Bitcoin mining after a crackdown in China successfully eradicated the follow within the former cradle of the business. On the finish of August, America accounted for 35.4% of the worldwide hash rate, a measure of computing energy used to extract the digital forex, in … Read more