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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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Just How Bearish Are the Bitcoin and Crypto Communities?Just How Bearish Are the Bitcoin and Crypto Communities?

December 15, 2021 - by - Leave a Comment

This episode is sponsored by NYDIG. Download this episode Today on “The Breakdown,” NLW looks at a few explanations for the current bearish sentiment turn, including: A belief that a …

Just How Bearish Are the Bitcoin and Crypto Communities?Just How Bearish Are the Bitcoin and Crypto Communities? Read More

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