Day: September 17, 2021

Argo Blockchain hails MicroStrategy's Michael Saylor and Tesla's Elon Musk after Bitcoin surge

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Argo Blockchain PLC’s (LON:ARB) Peter Wall talks to Proactive London’s Katie Pilbeam about the recent news that the company has entered into a non-binding letter of intent (LOI) with DPN LLC setting out terms to acquire 320 acres of land in West Texas, US. The plan is to build a new 200-megawatt cryptocurrency mining facility in the next 12 months to take advantage of some of the lowest rates in the world with the majority coming from renewable sources. Wall gives his…

The Big Three Credit Agencies Critique El Salvador’s Bitcoin Adoption — S&P Global Warns of ‘Immediate Negative Implications’ – Bitcoin News

All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global said that the bitcoin adoption has had “immediate negative implications for its credit rating.” S&P Global Joins Fitch Ratings, Moody’s Casting Criticism Down on Salvadoran Bitcoin Adoption On August 17, 2021, Bitcoin.com News reported on Fitch Ratings detailing that El Salvador adopting bitcoin (BTC) as a legal currency may…

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US Officials Add Insider Trading Claims to Binance Investigation: Report

Reported U.S. investigations into Binance, one of the world’s largest crypto exchanges, now include an insider trading and market manipulation probe, Bloomberg reported Friday. Bloomberg said the Commodity Futures Trading Commission (CFTC) has begun recruiting possible witnesses. That could signal a more serious legal investigation than the collaborative inquiry Binance officials have described in earlier reports. Binance already faced a probe from the U.S. Department of Justice and the Internal Revenue Service. The investigation reportedly focused on tax and money laundering claims. The CFTC has also reportedly been investigating the…

Bitcoin is ‘playing mind games’ as its price coils into a tighter range

The general mood across the cryptocurrency market is one of anticipation on Sept. 17 as the price of Bitcoin has traded in an increasingly tighter range over the past couple of days and looks to be coiling in preparation for a move one way or another.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has oscillated between $47,150 and $48,150 in trading on Friday as the lack of any major developments or headline-grabbing stories has led to a relatively flat day in the markets.…

Building the Future of Crypto Custody and Asset Management for Enterprises – Sponsored Bitcoin News

sponsored As the floodgates are opening for large businesses and corporations to enter the crypto market, you see increasing demand for an established digital asset management platform. Luckily, Unido is among just a few who fits these criteria, but with all the noise in the crypto space now, it is crucial to compare similar products and projects to understand the options and differences between platforms better. Among the very few options today, this article will look at Fireblocks to analyze the different product offerings against the Unido ecosystem. Fireblocks is…

John Cena calls his own NFT sales a ‘catastrophic failure’

Professional wrestler and actor John Cena said fans only purchased 7.4% of his World Wrestling Entertainment, or WWE, nonfungible tokens (NFTs) that he made available last month. Speaking at Florida Supercon 2021 on Sept. 12, Cena said it was a mistake to market his WWE NFTs as part of a package with physical collectibles — a hat, shirt, wristbands, belt, towel, autographed picture, and the digital collectible. The organization offered 500 gold tier packages with the NFT for $1,000, but only a fraction of them sold. “I talk a lot…