Bitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of crypto services, including trading and custody for tokenized real-world assets. “At Bitget, compliance is the core of our expansion strategy,” said Gracy Chen, CEO of […] Source CryptoX Portal
Tag: Digital
Hive Digital buys 6,500 ASICs, starts Paraguay construction
Bitcoin miner Hive Digital is upgrading its infrastructure as it begins construction of facilities in Paraguay, the fourth country it will operate in. The Nasdaq-listed Canadian miner has purchased 6,500 Canaan Avalon A1566 application-specific integrated circuits (ASICs) for delivery from December through March 2025. Hive Digital revs up The first 500 new ASICs were delivered in the second week of November, with four more shipments coming through the first quarter of 2025. They will boost Hive Digital’s hash rate from 5.6 EH/s to 6 EH/s by March, the company said.…
BRICS Digital Asset Platform Proposal Poised to Reshape Global Investment
A proposed BRICS digital asset platform could ignite unprecedented investment in South Asia, Africa, and Latin America, driving growth in emerging markets. Digital Assets at the Core of BRICS’ Ambitious New Investment Platform Russian President Vladimir Putin discussed the proposed creation of a BRICS investment platform to support developing markets at the Valdai Discussion Club’s […] Source CryptoX Portal
Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals
Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses Modest Bitcoin Output Gains Vancouver-based Hive Digital (Nasdaq: HIVE) reported incremental growth in its bitcoin production for October, maintaining consistent operational metrics while advancing its mining infrastructure. The publicly listed mining firm, which […] Original
HIVE Digital shares climb 11% on rise in Bitcoin holdings
Cryptocurrency mining firm HIVE Digital has released its October production results, showcasing a 51% year-over-year growth in its Bitcoin portfolio value. Global Bitcoin (BTC) mining firm HIVE Digital reported that it mined 117 BTC in October, marking a 1% increase month-over-month and bringing its HODL portfolio to 2,624 BTC, a 51% increase compared to the previous year. In a Friday press release on Nov. 8, Frank Holmes, executive chairman of HIVE Digital, credited the firm’s portfolio growth to the team’s “prudent capital management,” which allowed the firm to “minimize dilution…
Crypto Industry Experts React as Trump’s Re-Election Shakes up Digital Assets
With the U.S. 2024 election behind us and Donald Trump now set to return to the White House, voices across the crypto industry are buzzing. Many experts eagerly shared their views with Cryptox.trade News, providing a window into the community’s expectations and potential shifts in the sector’s future. Election Aftershock: What Trump’s Win Means for […] Source CryptoX Portal
UK Lords Echo Support for Digital Assets Property Bill
“It supports our efforts to ensure that our jurisdiction remains at the forefront globally, providing a flexible legal framework that can react to the dynamic nature of digital assets and other emerging technologies,” Lord Frederick Ponsonby of Shulbrede said during the debate. Source
Trace Launches ATP Tour Digital Collectibles on Sui Blockchain
Rongchai Wang Nov 07, 2024 13:43 Trace collaborates with ATP to mint digital collectibles on Sui, enhancing fan engagement with dynamic NFTs during the Nitto ATP Finals in Turin. In an innovative move to enhance fan engagement, Trace, a Web3 sports marketing platform, has launched digital collectibles on the Sui blockchain, according to Sui Foundation. This initiative involves a collaboration with the Association of Tennis Professionals (ATP) to commemorate significant moments from the Nitto ATP Finals, scheduled to take place in Turin…
Digital Asset Inflows Reach Record High With US Elections on the Horizon
The year-to-date inflows for digital assets hit a new high of $29.2 billion with inflows of $2.2 billion last week. This was according to Coinshares’ latest digital assets inflow report by head of research, James Butterfill. Coinshares: Record Numbers for Digital Asset Inflows With $2.2 billion in inflows, bitcoin (BTC) was identified in Coinshares’ analysis […] Source CryptoX Portal
750 US Convenience Stores Embrace Crypto: Sheetz Brings Digital Currency Payments to Mainstream
Convenience store chain Sheetz now accepts crypto payments at all its locations — over 750 stores across multiple U.S. states — allowing customers to pay with cryptocurrencies and earn rewards. Sheetz Customers Gain a New Way to Pay — And Get Rewarded American convenience store chain Sheetz has expanded its partnership with crypto payment firm […] Source CryptoX Portal