NASDAQ-listed ASIC mining manufacturer Canaan Inc. plans to accumulate Bitcoin directly and optimize its revenue streams by expanding into self-hosted mining operations. The Chinese hardware producer, which currently has a …
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Goldman Sachs to jump on JPMorgan’s repo blockchain to start crypto trading
Goldman Sachs Group Inc. has joined the blockchain-based network created by JPMorgan Chase & Co. for repurchase agreements that use smart contracts and a digitized version of the U.S. dollar. …
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First-ever Middle Eastern Bitcoin fund launches in Dubai
The Bitcoin Fund has been listed on the Nasdaq Dubai by 3iQ Corp, Canada’s largest digital asset investment fund manager. The fund is the first of its kind in the …
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Brian Nelson prioritizes ‘new regulations’ around cryptocurrency
President Biden’s nominee for the Department of the Treasury’s under secretary for terrorism and financial intelligence labeled new regulations around cryptocurrency as a priority of his if confirmed. Brian Nelson, …
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Charles Hoskinson highlights key areas where Cardano beats Ethereum
Cardano creator Charles Hoskinson has revealed he sees several differences between Cardano and Ethereum and that these differences mean Ethereum 2.0 is not going to be stopping the momentum Cardano’s …
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Ethereum (ETH) will become basis for digital shekel
Bloomberg has reported that the Bank of Israel plans to use the second largest blockchain platform Ethereum for emitting a digital version of its currency shekel. The course cited by the …
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Cathie Wood’s ARK to buy the Bitcoin dip
While Bitcoin’s recent dip below $30,000 made even some of the most ardent bulls panic, Cathie Wood’s ARK Investment Management bought the dip. The ARK Next Generation Internet ETF purchased …
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Sotheby’s is accepting crypto payments for its rare diamond auction
Luxury auction house Sotheby’s will start accepting crypto payments for its rare, 101-carat diamond auction sale. It’s going to auction a 101 carat diamond to just about anyone, as long …
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DCG to buy $50M in Grayscale’s ETC Trust shares as discount persists
Digital Currency Group (DCG), the parent company of crypto asset manager Grayscale, announced Monday a plan to buy up to $50 million in shares of Grayscale’s Ethereum Classic (ETC) Trust. …
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Chinese crypto miners head west as Beijing’s crackdown gains pace
As Beijing’s attitude to crypto mining hardens, and as Chinese provincial and other administrators crack down on the industry, Chinese miners are decamping to countries in which they are less unwelcome. Some …
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