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Swan Bitcoin cancels conference amid staff reduction, mining shutdown
5.8.2024
According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July
Swan Bitcoin delays IPO plan, announces shutdown of mining unit
22.7.2024
The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts
Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit
22.7.2024
Bitcoin volatility hovering within 6% of record low levels
9.6.2024
Before the June 7 price decline, Bitcoin's volatility over the previous 15-day period sat within "the bottom 6% of occurrences."
Emergency ‘wall of liquidity’ to prop up Yen bullish for Bitcoin: Swan
9.5.2024
Swan Bitcoin's Dante Cook suggests that Bitcoin could benefit from the declining Japanese yen, depending on what the U.S. and Japan central banks do next
Swan Bitcoin Expands into Mining, Plans Public Listing
26.1.2024
Swan Bitcoin, a firm specializing in Bitcoin-focused financial services, has recently launched its bitcoin mining unit named Swan Mining. According to Swan Bitcoin’s recent announcement, the “stealth mode” Swan Mining began operating in Summer 2023 and has already mined 750 Bitcoins to date....
Swan Bitcoin Unveils Stealth Mining Operations, Eyes 8 EH/s Goal by 2024 Amid Industry Expansion
25.1.2024
The Los Angeles-based firm Swan Bitcoin recently revealed its covert bitcoin mining operations, initiated in the summer of 2023. The company shared on Thursday its anticipation of achieving 8 exahash per second (EH/s) by March 2024. Up to this point, Swan’s mining subsidiary has successfully...
Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public
25.1.2024
The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023
While Top Coins Stabilize, a Mystery Token Completes Its First Phase with Astonishing Success
4.12.2023
TLDR Bitcoin (BTC) improved despite Swan Bitcoin’s decision to terminate accounts using mixing services. Cosmos (ATOM) gained after Cosmos announced EDEN. A new meme coin joins the best new ICOs list after selling 25 million tokens in record time. Bitcoin (BTC) enthusiasts may have been receiving...
‘Cantillon Effect’ Can Be Countered by Having ‘Bitcoin Only’ Companies Present at the Negotiating Table — Swan Bitcoin MD
27.11.2023
The crypto industry can stop the so-called Cantillon Effect from occurring by establishing large enough “Bitcoin only” companies that will sit on the negotiating table with the U.S. Federal Reserve and major financial institutions, Swan Bitcoin’s Terrance Yang has said. According...
Swan Bitcoin to terminate customer accounts that use crypto-mixing services
14.11.2023
Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations
Swan Bitcoin to Block Accounts Interacting with Coin Mixing Services
14.11.2023
Source: iStock Swan Bitcoin, a California-based Bitcoin services platform, announced recently that it would terminate accounts of users directly interacting with mixing services. In a statement released over the weekend, Bitcoin-only accumulation platform Swan issued a warning to users engaging...
Swan Bitcoin to Terminate Accounts Interacting With Bitcoin Mixing Services
14.11.2023
Swan Bitcoin, a bitcoin exchange platform, announced recently that it would terminate accounts of users directly interacting with mixing services. The company explained that this was due to the pressure from banking institutions after the Financial Crimes Enforcement Network (FinCEN) presented...
Just how bullish is the Bitcoin halving for BTC price? Experts debate
18.10.2023
Analysts recently debated whether or not the Bitcoin halving is still a meaningful catalyst for BTC’s price discovery
Bitcoin Financial Services Firm Swan Unveils 'Collaborative Custody' Service
5.10.2023
Swan and Blockstream's aim is to allow users to retain ultimate control of their bitcoin (BTC) while knowing that is stored in a highly secure way
Ripple Backs Out of Fortress Trust Acquisiton, Citing Change in Strategy
28.9.2023
In a surprising turn of events, Ripple CEO Brad Garlinghouse announced today that the financial technology firm will not proceed with its previously planned acquisition of Fortress Trust, a Nevada-licensed financial services provider.
The decision comes just 20 days after the initial announcement...
BitGo, Swan to Form Bitcoin-Only Trust Company
15.9.2023
"It's important to us to build a custodian without the risks of securing many altcoins within the same trust company as bitcoin," Cory Klippsten, CEO of Swan, said
Custodian Prime Trust’s Payments Subsidiary Banq Files for Chapter 11 Bankruptcy Protection
15.6.2023
Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy protection in the United States. According to court documents, the filing reveals that Banq listed approximately $17.725 million...
Wealthy Investors and Family Offices Embrace BTC Following Bank Failures, Says Swan Bitcoin Executive
2.6.2023
According to Steven Lubka, the head of private clients and family offices, as well as the managing director at Swan Bitcoin, wealthy investors and private offices have been gravitating towards bitcoin since the downfall of Silicon Valley Bank (SVB). Lubka stated that his firm has also observed...
Bitcoin Could Be 'Great' Investment for IRA or 401K Plans
27.4.2023
Retirement accounts offer tax-free crypto investing forever and provide an effective way to lower overall portfolio risk said ForUsAll CEO David Ramirez