Marathon Digital stock soars after company ramps up BTC mining in Q1
The company mined 196 BTC in the first quarter, bringing its total holdings to 5,143.2 BTC.
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Argentinean Central Bank Asks Local Banks for Information on Customers Who Deal With Cryptocurrencies
As cryptocurrencies keep gaining adoption in Argentina, there are discussions on how the national regulatory bodies should regulate the industry. The Central Bank of Argentina (BCRA) seems to have taken a step forward in making the picture clearer. Banks Should Provide Data Such as National Identification Numbers and Home Addresses According to Infobae, the ...
Crypto Economy Nears $2 Trillion, XRP Gains 37%, BTC Dominance Drops to 56%
Digital currency markets have seen some significant gains on Monday as the entire market capitalization of all 8,500+ cryptocurrencies in existence has jumped a few percentages. Bitcoin’s price has spiked a touch over 1.5%, but a number of other coins have seen much larger gains during Monday’s trading sessions. Market aggregators show the crypto ...
The Multi-Billion Dollar Cache: Microstrategy Purchases $15M Worth of Bitcoin, Firm’s Stash Jumps to 91,579 BTC
The publicly listed firm Microstrategy purchased more bitcoin according to a tweet from the company’s chief executive officer Michael Saylor and a recent Securities and Exchange Commission (SEC) filing. The firm spent $15 million in cash and now holds 91,579 bitcoin in the company’s reserves. Business Intelligence Firm Microstrategy Continues to Stack Bitcoin Month ...
New milestone reached as 100 cryptocurrencies reach a $1B market cap
In the past two months, the number of crypto projects with a $1 billion market cap doubled as increased adoption pushes token valuations higher.
Ark Invest and JPMorgan expect Bitcoin to hit $130K-$470K
Top funds in the U.S. expect Bitcoin to hit anywhere between $130K to half a million in the long term.
Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF
On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention “to convert these products into an ETF.” Transforming Grayscale’s $34 Billion ...
Cryptocurrency market cap hits $2 trillion — Now worth as much as Apple
The combined market cap of all cryptocurrencies reaches $2 trillion for the first time.
Grayscale publishes roadmap for turning its products into crypto ETFs
The company is renewing its push for a U.S. ETF, but offered no specific guarantees or promises.
Bitcoin miner firm Ebang launches Ebonex crypto exchange
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year.
