[ad_2][ad_1] Founded in 2013, Beijing-based Bitmain Technology remains at the heart of the crypto economy. With its flagship AntMiner bitcoin mining equipment still dominating the hardware market and its mining pools accounting for around a quarter of the computing power of the Bitcoin network, it retains an extraordinarily powerful place …
Read More »Bitcoin Mining Markets Overheating: Ebang’s $ 41 Million Deficit, Bitmain’s Alleged 2020 Revenue
[ad_2][ad_1] Chinese mining platform manufacturer ASIC Bitmain reportedly grossed $ 300 million in revenue during the first quarter of 2020. Meanwhile, as Bitmain claims to regain market share, the Ebang company recently filed an application with Securities and Exchange. United States Commission (SEC) for Initial Public Offering (IPO) state. However, …
Read More »The Bitcoin exchange-traded product is now on the market, just don’t tell the Americans
[ad_2][ad_1] The Toronto Stock Exchange hosts a new Bitcoin Fund not marketed to investors. LightRocket via Getty Images Toronto-based investment manager 3iQ Corp. has completed a $ 48 million offering in its Bitcoin Fund (QBTC.U), which is traded on the Toronto Stock Exchange. Just don’t tell the Americans. A declaration …
Read More »Amun launches the token that plots the inverse of the price of Bitcoin
[ad_2][ad_1] A new token allows traders to make money every time the bitcoin price drops. Swiss fintech firm Amun launched its daily reverse token BTCSHORT (BTCS) on Wednesday, which returns gains based on the reverse price movements of bitcoin (BTC) over a given 24-hour period. The product complements a recent …
Read More »Bitcoin, Ripple and Litecoin – American Wrap: 5/5/2020
[ad_2][ad_1] Bitcoin Price Analysis: Is There Still Buying Conviction at These Levels? Bitcoin stutters at the 9K level as there appears to be a lull in the cryptocurrency market on Tuesday. The volume looks subtle and the candles are doji of an indecisive nature. The price also fell below the …
Read More »Iran licenses Bitcoin mining firm for $ 7.3 million, move to ease US sanctions
[ad_2][ad_1] Iran has issued a license to mine bitcoin to Iminer, a company based in Turkey. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH / s) in total. According to media reports, the miner spent $ 7.3 million on the creation …
Read More »Bitcoin chain data suggests miners expect halving to raise BTC price
[ad_2][ad_1] As the coronavirus pandemic continues to unfold and new signs of blocks slowly starting to lift in Europe, all eyes in the crypto community have returned to the Bitcoin (BTC) halving. There are only 10 days left until the event and Bitcoin’s price appears to be acting accordingly, having …
Read More »37% expect Bitcoin hashrate to be higher after the halving: survey
[ad_2][ad_1] According to a recent survey, around 37% of the cryptocurrency community expects Bitcoin (BTC) hashrate to be higher one month after halving the block reward than it currently is. The cryptocurrency wallet tracking application, Blockfolio, interviewed its users on April 27. They asked if they believe Bitcoin’s hash rate …
Read More »Bitcoin Volatility Monitoring Options See 25% Monthly Volume Increase
[ad_2][ad_1] Move, an options contract that tracks Bitcoin (BTC) daily volatility, recently saw a 30-day trade volume increase by 25% on the crypto derivatives platform, Delta Exchange. According to an announcement Delta Exchange sent to Cointelegraph on April 16, Move contracts worth $ 8 million have been traded on the …
Read More »CFTC requires the default after failing to find a $ 147 million Bitcoin Ponzi operator
[ad_2][ad_1] The US Commodity Futures Trading Commission (CFTC) has demanded that the alleged founder of the $ 147 million Ponzi scheme Control-Finance be declared default. On April 3, the CFTC filed for default after alleged founder and director of Control-Finance, Benjamin Reynolds, did not respond to the regulator’s complaint. CFTC …
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