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Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells


Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise...

Walmart Begins Bitcoin ATM Pilot at 200 American Stores


The American retail behemoth Walmart has begun a crypto pilot that involves installing bitcoin (BTC) using ATM machines at 200 of its outlets in the United States. The pilot involves the firm Coinstar, which operates the machines and is rolling out 8,000 devices across the country, in partnership...

$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says


Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading from a relative value perspective,” the firm’s chief investment officer said. Pimco’s clients include central banks, sovereign wealth funds...

Bitcoin and Ethereum Correct Gains, SOL Breaks USD 200


Bitcoin price is currently (04:25 UTC) trading well below USD 64,000 and there could be more downsides in the short-term. Besides, most major altcoins are also trimming gains. ETH traded below the USD 4,320 and USD 4,250 support levels. XRP is still struggling to clear the USD 1.15 resistance...

Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme


Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $51 million in the quarter. Meanwhile, CEO Elon Musk tweeted a meme showing the price of bitcoin...

Here's What You Need to Know About the Bitcoin Futures ETF


Only a day after the first-ever US-based bitcoin exchange-traded fund (ETF) went live on the NYSE Arca exchange, the price of bitcoin (BTC) rallied to a new all-time high. While it would be a bit of a stretch to claim that only the ETF caused this, it helped BTC retain its positive price momentum. ...

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