November 2021

BITCOIN | Investment Tricks for Beginners #1 | Risk & Details in Hindi

November 30, 2021

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Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status

November 30, 2021

2TM, the parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, has received $50.3 million in fresh financing to expand its operations across Latin America, sending a strong signal that venture capital sees growth potential in the region. The Series B fundraiser had participation from United States-based funds 10T and Tribe Capital, as well as Brazilian companies Traders Club, Pipo Capital and Endeavor, the company disclosed Tuesday. The funding round further cements 2TM’s status as a crypto unicorn after the company raised $200 million from SoftBank in July. At the time,…

Brazilian Crypto Unicorn 2TM Raises $50M in Series B Round Extension

November 30, 2021

Mercado Bitcoin currently has 3.2 million users, a figure that represents 80% of the accounts held by individuals on the Brazilian stock exchange, said Dagnoni, who added that Mercado Bitcoin’s trading volume totaled $7 billion between January and October 2021. Source

Huobi Tech Launches Crypto Lending Services in Hong Kong

November 30, 2021

Huobi Tech is introducing crypto lending for institutional investors in Hong Kong, according to a company press release shared with CoinDesk. The loans will range from $10,000 to $100 million in USDT and other currencies, and will carry an 8.8% fixed-term annual percentage rate, a company representative told CoinDesk via email. The Hong Kong-listed company is affiliated with crypto exchange Huobi Global through a common co-founder, Leon Li, but is a separate legal entity. The loans will be provided through Huobi Brokerage, Huobi Tech’s digital asset brokerage platform. Customers can…

CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec

November 30, 2021

Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto, according to the Bank of Indonesia. The central bank of Indonesia is considering launching a digital rupiah to “fight” against cryptocurrencies like Bitcoin (BTC), Bank of Indonesia’s assistant governor Juda Agung said at a recent parliamentary meeting. “A CBDC would be one of the tools to fight crypto. We assume that people would find CBDC more credible than crypto. CBDC would be part of an…

Crypto Miner DMG Blockchain Purchases 1,800 New Generation Bitmain Miners

November 30, 2021

Canadian mining firm DMG Blockchain Solutions has purchased 1,800 Bitmain Antminer S19 XPs, the next-generation mining machine from Bitmain. The machines, delivery of which will commence in July next year, will generate an additional 252 PH/s. DMG announced Tuesday. The new machines will bring DMG’s total to just over 1 Eh/s, including its existing Bitmain S19 orders. The Vancouver-based company, which trades on the Toronto Venture Stock Exchange (TSX-V), will also grant nearly 3 million stock options to its directors and employees, exercisable for a period of three years at…

Bitcoin’s 6-Month ‘Put-Call Skew’ Flips Bearish for First Time Since May

November 30, 2021

Bitcoin’s six-month put-call skew, which measures the cost of puts – or bearish bets – relative to calls (bullish bets), has turned positive for the first time since the crash in May, indicating heightened concerns of an extended downside move. Original

Nigerian Fintechs Account for Nearly 91% of $417.5 Million Raised by Tech Startups in the Country – Fintech Bitcoin News

November 30, 2021

According to an analysis of the $417.5 million that was raised by Nigerian tech startups during the first nine months of 2021, fintech firms accounted for about $379 million or 90.78% of the total. Nigerian Fintechs Dominate the African Continent Nigerian fintechs currently account for more than 90% of the $417.5 million that was raised by tech startups during the first nine months of 2021, a local report has said. While the report, which was compiled by local media outlet Punch, notes that the $417.5 million is already significantly higher…

Best Graphic Cards For GPU Mining In 2021

November 30, 2021

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ⭐ The first 1000 people to use this link will get a free trial of Skillshare Premium Membership: In this video, I give you the top 5 GPUs for Mining Cryptocurrency while keeping in mind ETH2.0 and the NVIDIA LowHashRate Limiter. ⌚ Timestamps: 00:00 – Intro 00:31 – Overview 00:55 – NVIDIA Lite Hashrate Identifier 01:40 – How Long Can A GPU Mine For? 02:25 – The Way To Compare GPUs 04:18 – The Top 5 GPUs For Mining 11:29 – Honorable…

BNBMatrix Releases Yield Farming Dapp on BUSD: BUSDMatrix

November 30, 2021

Today, we will talk about one of the most important things you should be thinking about and researching right now: crypto and the blockchain – and specifically, yield farming. Now, why do you think that this is so important? Cryptocurrency is going to forever change the way that we interact with the world and the Internet. Plus, what blockchain is really introducing is a revolution of sovereignty (Source: IN Groupe). It is certainly going to put the power back in your own hands. Many feel that this may be the single…