▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Jan.25 — The Siberian city of Norilsk is best known as the home of mining giant MMC Norilsk Nickel PJSC. The city may soon be famous for a different type of mining though — it now hosts the Arctic’s first crypto farm for producing new Bitcoins. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The creator of the popular Bored Apes Yacht Club collection of NFTs launched a sale of virtual land, and the move crashed the Ethereum blockchain. The sale raised about $320 million worth of cryptocurrency as users scrambled to get one of the 55,000 pieces of land from the metaverse project. Eddie van der Walt reports on “Bloomberg Markets: European Open.” ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin mining has come under fire for its increasing electricity consumption, and impact on the environment. The company Bit Digital has opened a new facility in Buffalo, New York, which they say is powered by clean energy from the Niagara River. Like this video? Subscribe: #Crypto #Bitcoin #Explained Bloomberg Quicktake is a global streaming news network for a new generation of leaders and professionals. Our coverage spans your whole world, from your career ambitions to your personal passions and larger societal concerns.…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A push toward relying more on renewable energy for bitcoin mining could make the underperforming solar industry more attractive, according to star fund manager Cathie Wood. #News #Reuters #Bitcoin #Solar Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Cryptocurrency exchange Blockchain.com is expected to go public as soon as this year, according to Bloomberg. It is becoming a trend for crypto firms to seek the public market pursuit. While Coinbase pioneered these growth metrics when listed on the Nasdaq exchange back in last year April, other outfits, including eToro, and Huobi are also notably considering various public entry routes. According to an insider, Blockchain.com is actively conducting interviews with banks for the most likely public offering this year. But the specific IPO time may not happen until next…
Ethereum had always had its price be a strong bone of contention among investors. While some may believe that the digital asset is overvalued, others believe that the cryptocurrency is yet to fulfill its potential. One of those is Bloomberg analyst Jamie Coutts, who has revealed a very bullish forecast for the digital asset, saying it would grow more than 100% from its current price. Ethereum At $6,000? Coutts has expressed a very positive outlook for the second-largest cryptocurrency, Ethereum. Like others before him, the Bloomberg analyst sees the cryptocurrency’s…
Eric Balchunas and James Seyffart, exchange-traded fund analysts for Bloomberg, said that a proposed rule change with the United States Securities and Exchange Commission could be the catalyst for the regulatory body approving a spot Bitcoin ETF in mid-2023. In a Thursday tweet, Balchunas said crypto platforms could fall under the SEC’s regulatory framework if the commission were to approve an amendment to change the definition of “exchange” proposed in January. The rule change would amend the Exchange Act to include platforms “that make available for trading any type of…
A proposed change that would require crypto exchanges to register with the SEC may be key to future approvals, two analysts said. Original
The hedge fund started exploring the short last July, according to the report, and its bear thesis has to do with the $24 billion in commercial paper backing the token. Much of that debt is tied to Chinese real estate developers, at least some of which are struggling, believes Fir Tree. If the paper loses value, that would potentially lead to a big drop in Tether reserves, and the coin’s price. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io With a decades-long track record of making space a profitable business, Luxembourg is betting big on everything from space resources, satellites and training the next generation of space entrepreneurs. #Space #GiantLeap #BloombergQuicktake ——– Like this video? Subscribe: Become a Quicktake Member for exclusive perks: Subscribe to Quicktake Explained: QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and…