News from CoinDesk
‘A Race Toward Zero’: With Hashrate in the Clouds, Bitcoin Mining Is Less Profitable Than Ever
ASIC financing has driven Bitcoin's hashrate to all time highs in 2020. By consequence, Bitcoin is less proftiable to mine than ever.
MicroStrategy Is Looking to Buy More Bitcoin, President Says
Bitcoin is boosting MicroStrategy's market visibility, say executives. Revenues rose 6.4% year-over-year and the company notched a net loss of $14.2 million for the quarter.
Market Wrap: Bitcoin Jumps to $13.7K, Nearing 2019’s High; Ether Volatility Reverses Course
Bitcoin’s price is closing in on record 2020 highs as ether’s volatility picks up.
‘Convincing’ Phishing Attack Targets Ledger Hardware Wallet Users
Ledger confirmed that for the last week some customers have been the target of a phishing attack.
BlockFi Takes 5% Stake in Grayscale’s $4.8B Bitcoin Trust
The crypto lender is only the second firm to disclose such a large GBTC stake, after Three Arrows Capital.
News from CoinTelegraph
MicroStrategy's crypto holdings may be paying off more than its business
With Bitcoin’s rises past $13,700, the company’s BTC holdings are currently worth more than $525M. Business intelligence firm MicroStrategy’s Bitcoin investment is paying off in a big way, with an estimated $100 million in profit. According to data published Oct. 27 by […]
Bitcoin becoming less-risky as an investment, Novogratz says
Investing big money into Bitcoin 10 years ago came with immense uncertainty. Now, buying the asset carries less risk, according to the ex-hedge fund manager. Bitcoin (BTC) has gained significant notoriety in the decade since its 2009 launch. Big mainstream players such as […]
VC calls Ethereum killers 'toothless' based on token allocation to insiders
Only two of Ethereum's recent competitors had a "fair launch" according to the specified criteria. Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders: Source: Twitter.Adams was […]
New Siberian Bitcoin mining center set to provide 100 jobs to locals
13.6 acres of cold and barren land in Siberia will be put to good use with the support of international investors. The governor of the Republic of Buryatia, Russia signed a decree allowing for the construction of a 13.6 acre data center in Southeastern Siberia. The facility […]
BoE hasn't 'made any decision' regarding a CBDC, says fintech director
“We will continue to explore the pros and cons of CBDC,” said Tom Mutton. At the 2nd Bund Summit held on Oct. 25, Bank of England fintech director Tom Mutton stated that while a central bank digital currency, or CBDC, was “a focus” for the Bank of England, the position […]
News from Coinspeaker
We use RSS-Feeds for extracting content from various resources. If the website owners has any problem with their content being used as a source, You can contact me and I will remove it 😀