Grayscale Buys Ethereum Dip as ETH Drops Below $1,600
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Grayscale, the world’s largest digital assets manager, purchased nearly $25 million worth of Ethereum (ETH) in a single day after the price of ETH dropped below $1,600. ETH has dipped…
Month: February 2021
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Thailand Plans to Mandate Income Proof for Crypto Traders
With the spike in the retail demand for cryptocurrency investments, Thailand is considering to impose new rules under which traders need to prove their income and assets before opening an…
MicroStrategy Now Holds 90,531 Bitcoin Worth over $4.5 Billion
MicroStrategy, the world’s largest business intelligence firm, announced that it has acquired 19,452 Bitcoin recently, which is worth more than $1 billion in cash at an average price of $52,765…
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Tesla’s Bitcoin Bet Turns Negative for Elon Musk
Elon Musk is no longer the richest person on the planet. The CEO of Tesla has lost around $30 billion of wealth after the recent crash in Tesla stock and…
Bitcoin slumps over 18% from record levels days after Elon Musk tweeted prices ‘seem too high’
After touching life-time highs of around $58,300, bitcoin prices fell over 18 percent in a two-day sell-off which took the premier cryptocurrency below the $50,000-mark. At the time of writing this…
State Bank of India Becomes First bank To Join JPMorgan’s Blockchain Network Liink
The State Bank of India (SBI) is now the first Indian bank to join JPMorgan’s blockchain network, Liink. News of SBI’s integration with JPMorgan’s new blockchain-based interbank data network was…
Largest Bitcoin Mine Operator Seeking $500 Million US IPO
Northern Data, one of the largest Bitcoin mining facility operators based in Germany, is planning for an initial public offering (IPO) in the United States, according to a recent Bloomberg report. The…
Bitcoin, Ethereum and Altcoins Correct Gains, XRP Rallies
Bitcoin price remained strong and it extended its rally above USD 58,000. BTC even traded to yet another all-time high near USD 58,641 (per Coingecko.com) before it started a downside…
