Stefan Coolican, chief financial officer for investment firm Ether Capital, says dumps and recoveries are just part of the crypto market. Ether’s price has tripled thus far in 2021, in part thanks to trader enthusiasm over growth in decentralized finance , by comparison, is up 89% this year. “It’s just more people understanding the value […]
I was met with disbelief, criticism and ridicule,” Personne told CoinDesk via Twitter DM. Anyone can download an exact replica image of Beeple’s art work by googling the title of the piece, much like anyone can photocopy a poster. What is comparatively more difficult to do is fool people into thinking you own the original […]
That sparked renewed interest in the company and forced the bidders to twice up their offer, from an initial 640 pence a share to a final bid worth 869 pence a share.Novachuk said he’s confident that they can get the support from financial institutions both in Russia and internationally to build the mine and didn’t […]
The Nasdaq 100 dropped for the first time in three sessions, weighed down by declines in tech heavyweights including Tesla Inc. was the biggest drag on the Dow Jones Industrial Average after it warned that higher costs for raw materials and transportation is a worsening threat. While the earnings season has been generally strong so […]
Ethereum, like other so-called ASIC-resistant blockchains that use a different hashing algorithm than Bitcoin’s SHA-256, are supposed to reject hashes from ASICs, which are designed to produce hashes for mining purposes only, and serve no other computing function . Even as changes are made to Ethereum’s design to mitigate high transaction fees , miners are […]
The round, led by Polychain Capital, included prominent backers Electric Capital, Coinbase Ventures, FBG Capital, CMS Holdings, Lemniscap, Cygni Labs and Walden Bridge Capital. When it comes to privacy, Anoma uses a “multi-denomination zero-knowledge transfer circuit,” which enables different types of assets to share one anonymity set. According to Brink, Anoma’s multi-asset shielded pool is […]
There’ve been more than a few events this past year that have complicated, if not outright challenged, the usual, everyday, whip-out-your-credit-card-and-pay mentality when it comes to spending. In 2014, NYU professor David Yermack called bitcoin a “marginally useful,” money-like commodity popular among hackers and “opponents of the banking system.” Just yesterday, a fifth National Football […]
Powell’s challenge will be to convince investors the Fed can maintain the pristine conditions even as the economy reactivates, potentially sparking a surge in consumer demand that could lead to faster inflation. It’s a key question for traders in the market for bitcoin, seen by many big institutional investors as a hedge against the runaway […]
This fuelled fears of inflation as commodities comprise a huge portion of costs for consumer staple products. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. Shares eased from record peaks on Tuesday as optimism about a global economic recovery was dented […]
This is evidenced by the VIX Index’s level, with a higher figure indicating greater fear levels among market participants. This suggests that higher taxes, or reduced government spending, may be required in the coming years to put the country’s finances on a more stable footing. Meanwhile, a dovish Federal Reserve could prompt a period of […]
LAS VEGAS, April 27, 2021 , one of the largest enterprise Bitcoin self-mining companies in North America, will be participating in Forbes’ upcoming webinar “How to Profit from Bitcoin and Other Crypto Assets Without Owning Them” on Thursday, April 29th at 2:00 p.m. The purpose of the webinar is to educate investors on publicly traded […]
“The total hashrate is around 150 exahashes a second right now. “Although the drop in hashrate was temporary, it was yet another sign of both the unreliability of non-renewable sources of energy for bitcoin mining and the centralization of mining in China. In light of the current bull market, bitcoin’s energy footprint has yet again […]
Operating losses were masked by $518 million in sales of regulatory credits and a $101 million gain on the sale of some 10% of the $1.5 billion in Bitcoin that it had bought for Treasury purposes. Two of what in recent years have been the world’s gloomiest central banks set the tone overnight: both the […]
In other words, buyers of call and put options expiring on April 30 will suffer maximum loss if bitcoin settles at $54,000 on Friday. “Options and futures are new critical datapoints for traders. The month-end pullbacks happened as back then the max pain point was well below the spot price. At press time, bitcoin is […]
BTC has been moving downwards since April 14, when it reached a high of $64,854. While the MACD is close to giving a bullish reversal signal, it has not done so yet. The former encompasses the most recent portion of the move while the latter is made up of the longer-term portion. This is a […]
The rebound reverses a two-week slump that had pushed Bitcoin below its 100-day moving average amid technical warnings from Wall Street and fears of a growing crypto bubble. quarterly results revealed that it spent $1.2 billion on Bitcoin in the first quarter and made $101 million selling it during that period. to 492 billion yuan, […]
DOVER, DE / ACCESSWIRE / April 27, 2021 / Hero Technologies , a cannabis company focused on a vertically integrated strategy, today revealed cost projections for its proprietary indoor cannabis growing system. In contrast, the proprietary aeroponic growing system of Hero Technologies’ subsidiary, BlackBox Systems and Technologies LLC, uses materials more efficiently to enhance cannabis […]
Bancorp, the fifth-largest bank in America, said Tuesday it will offer a new cryptocurrency custody product in partnership with an unnamed sub-custodian. Big moves are happening in institutional crypto with news this week of mega-bank JPMorgan following the likes of Morgan Stanley and Goldman Sachs in offering a bitcoin fund to certain clients. “I’m not […]
Through this exclusive partnership, customers can now utilize state mandated RFID tags to automatically capture plant weights with a touchless harvest solution that uploads directly to Canix’s ERP solution for review prior to submitting to state required track and trace systems.. Leveraging cutting-edge tech and hardware, along with our rich dataset of pricing, yield, and […]
Shares of Tesla fell after the company’s first-quarter sales results missed estimates, though earnings and automobile gross margins exceeded expectations in the report delivered Monday evening. Earnings results will pick up on Tuesday with companies including Microsoft poised to report results. “Except for Google, you get the FAANG stocks, and they’ve been dead money for […]