[ad_2][ad_1] It appears that the bulls that have pushed Bitcoin higher lately have momentarily lost strength. Bitcoin prices plunged more than 15%, approaching the $ 17,000 level, after hitting a high of $ 19,580, due to heavy losses as large investors cashed in on some of their Bitcoin holdings. READ: …
Read More »The poker site buys $ 100 million worth of Bitcoins every month to pay players in BTC
[ad_2][ad_1] A major online poker website bought millions of dollars worth of bitcoins every day to meet the demand of players who want to cash out. This equates to $ 100 million in bitcoin per month as around 95% of players now request cryptocurrency payments. The poker site buys $ …
Read More »ConsenSys buys Truffle Suite to strengthen Ethereum tools
[ad_2][ad_1] Ethereum-based solution provider ConsenSys has announced the acquisition of the team and technology of blockchain developer tools maker, Truffle Suite. The company has not disclosed the terms and conditions of the acquisition. According to the official announcement, ConsenSys has purchased Truffle Suite to strengthen its range of Ethereum tools. …
Read More »Crypto hedge fund, Polychain capital buys $ 8.2 million in annual financing
[ad_2][ad_1] The American payment giant PayPal is now allowing US residents to buy, sell and hold cryptocurrencies in an accredited report to FxStreet. What you need to know: Although the cryptographic service PayPal was set to launch in early 2021, however, based on high demand and subscriptions to that service …
Read More »Marathon buys an additional 10,000 Antminers to become the largest Bitcoin miner in the United States
[ad_2][ad_1] Nasdaq-listed Marathon Patent Group is buying 10,000 more efficient Antminer S19 Pro bitcoin miners from Bitmain in a multi-million dollar deal. ▪ Marathon said the deal will increase the company’s operations to 23,560 next-generation miners, “making it the largest auto-miner in North America.” ▪ When fully installed, the new …
Read More »Square buys $ 50 million in bitcoin, says cryptocurrency “ aligns with the company’s purpose ”
[ad_2][ad_1] Omar Marques | LightRocket | Getty Images Payment company Square is buying a large block of bitcoin, an unusual use of corporate cash. Square said Thursday that it bought 4,709 bitcoins, worth around $ 50 million. This represents about 1% of Square’s total assets at the end of the …
Read More »GPU maker Nvidia buys Chip Maker ARM for $ 40 billion
[ad_2][ad_1] California-based Nvidia is buying Arm Holdings, a British computer chip designer, from Softbank Group Corp. in a deal worth $ 40 billion. Chip giant Nvidia, which specializes in the production of hardware for video game consoles, GPUs for graphics cards, processors for the AI industry and whose chips are …
Read More »Riot Blockchain buys 8,000 of Bitmain’s latest Bitcoin miners, company aims for 1.5 EH / s by 2021
[ad_2][ad_1] Bitmain Technologies Inc. said on Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $ 17.7 million. In a blog post, the Chinese cryptocurrency mining hardware maker said the machines will be delivered in batches of 2,000 in four …
Read More »Binance buys CoinMarketCap: what it means for Crypto
[ad_2][ad_1] Binance just bought the top of the funnel. The largest cryptocurrency exchange by market volume has acquired the popular data site CoinMarketCap (CMC) for an undisclosed price, the companies announced Thursday. Binance CEO Changpeng “CZ” Zhao told CoinDesk that the deal was closed on March 31, although a verbal …
Read More »Litecoin Partner TokenPay buys the German bank, makes the LTC easy to use
[ad_2][ad_1] TokenPay Swiss AG announced yesterday its partnership with the German WEG Bank, which sees the decentralized payment platform and self-verification acquire 9.9 percent of the bank. The other 90 percent of the bank will be purchased pending mandatory regulatory approval. In particular, TokenPay has a strategic partnership with Litecoin …
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