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Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps

December 16, 2021 - by - Leave a Comment

Federal Reserve officials took steps to accelerate the withdrawal of the unprecedented monetary stimulus used to prop up markets in the wake of the coronavirus, acknowledging the growing threat of …

Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps Read More
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Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF

December 16, 2021 - by - Leave a Comment

In a letter to the U.S. Securities and Exchange Commission (SEC) on Tuesday, Coinbase urged the agency to approve NYSE Arca’s application to convert the Grayscale Bitcoin Trust into an …

Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF Read More
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What Is Bitcoin?

December 16, 2021 - by - Leave a Comment

Bitcoin is the world’s first successful decentralized cryptocurrency and payment system, launched in 2009 by a mysterious creator known only as Satoshi Nakamoto. The word “cryptocurrency” refers to a group …

What Is Bitcoin? Read More
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Bitcoin Holds Steady as BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus

December 16, 2021 - by - Leave a Comment

Bitcoin was trading little changed after the Bank of England delivered a surprise interest rate hike and the European Central Bank (ECB) announced an end to the crisis-era asset purchase …

Bitcoin Holds Steady as BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus Read More
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Former Marine and South Carolina Politician Raises $200M to Start Bitcoin Mining Company

December 15, 2021 - by - Leave a Comment

Former U.S. Marine and 2018 candidate for South Carolina governor John Warren has started Gem Mining after raising over $200 million in institutional capital, according to a statement on Wednesday. …

Former Marine and South Carolina Politician Raises $200M to Start Bitcoin Mining Company Read More
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Mobile Bitcoin Gaming Is Powering Up on Lightning

December 15, 2021 - by - Leave a Comment

A new game will soon drop in the App Store. You are a cat – a cute cat, a cartoon cat – who flings items like fish, seashells and golden …

Mobile Bitcoin Gaming Is Powering Up on Lightning Read More
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Bitcoin Miner CleanSpark 2021 Revenue Rises 400%

December 15, 2021 - by - Leave a Comment

CleanSpark’s total revenue rose 400% in its 2021 fiscal year, but the sustainable bitcoin mining and energy technology company also recorded a net loss of $21.8 million, or $0.75 per …

Bitcoin Miner CleanSpark 2021 Revenue Rises 400% Read More
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Bitcoin, Cardano, Ether and Everything Else Are Still Down 99% on CoinMarketCap

December 15, 2021 - by - Leave a Comment

The price of bitcoin, the world’s largest cryptocurrency by market capitalization, was down 99% on crypto tracking site CoinMarketCap. But don’t worry, your bitcoins aren’t suddenly worthless. The extreme drop …

Bitcoin, Cardano, Ether and Everything Else Are Still Down 99% on CoinMarketCap Read More
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CardCoins Offers Bitcoin Payments Over the Lightning Network

December 15, 2021 - by - Leave a Comment

CardCoins, a website that lets users trade prepaid gift cards for bitcoin, now offers users the choice to receive their BTC over the Lightning Network. The Wyoming-based startup says this …

CardCoins Offers Bitcoin Payments Over the Lightning Network Read More
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Crypto Lender Ledn Raises $70M in Series B Round, Readies Bitcoin-Backed Mortgage Product

December 15, 2021 - by - Leave a Comment

Cryptocurrency lending platform Ledn raised $70 million in a Series B funding round at a $540 million valuation, and plans to use some of the capital for its new bitcoin-backed …

Crypto Lender Ledn Raises $70M in Series B Round, Readies Bitcoin-Backed Mortgage Product Read More

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