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Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...
Cryptocurrency ETF by Nasdaq and Hashdex Approved to List on Bermuda Stock Exchange
24.9.2020
A cryptocurrency exchange-traded fund (ETF) by Nasdaq and Brazilian fund manager Hashdex has reportedly been approved to trade on the Bermuda Stock Exchange. Hashdex says the new cryptocurrency investment product tracks the Nasdaq Crypto Index. Hashdex Says ETF Will Track Nasdaq Crypto Index...
Billionaire Paul Tudor Jones Would Buy More Bitcoin If He Really Understands It, Says Microstrategy CEO
23.9.2020
Prominent hedge fund manager Paul Tudor Jones’ understanding of bitcoin has come into question since he only invested about 1% of his assets in the cryptocurrency. According to the CEO of Microstrategy, the Nasdaq-listed company that recently invested almost half a billion dollars in bitcoin...
Nasdaq and SEC-Registered Fund Manager to Launch First-Ever Crypto ETF
22.9.2020
The new ETF product will track an index currently being designed by Nasdaq that will provide broad exposure to the digital asset market
Brazilian fund manager and Nasdaq to launch world's first Bitcoin ETF
22.9.2020
Brazil’s Hashdex is teaming up with Nasdaq to bring the world’s first Bitcoin ETF to the Bermuda Stock Exchange
Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company Buys 17K BTC in 74 Hours
20.9.2020
Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when his company purchased $425 million worth of bitcoin. Billion Dollar...
Diginex Moves Closer to Backdoor Nasdaq Listing With Merger Approval
16.9.2020
The blockchain services firm is officially merging with publicly traded 8i Enterprises Acquisition Corp., a key part of its plan for a "backdoor" listing
Nasdaq-Listed Microstrategy Raises Bitcoin Holdings to $425 Million After Second Purchase
15.9.2020
Billion-dollar public company Microstrategy Inc. has bought 16,796 more bitcoins. The company has purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million. Microstrategy’s Bitcoin Investments Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoin, CEO Michael...
MicroStrategy Board makes Bitcoin its primary reserve currency, may increase its holdings beyond $250M
14.9.2020
MicroStrategy has outperformed Nasdaq since buying BTC. Now it's doubling down
Diginex Going Public Is About More Than a Nasdaq Ticker Symbol
11.9.2020
Diginex CEO Richard Byworth said the firm’s public listing will give it more transparency than other crypto exchange operators
Bitstamp Integrates Nasdaq’s Matching Engine for Faster Order Executions
11.9.2020
According to research by Bitstamp and crypto market data provider Kaiko, the new engine enables order matching up to 1,250 times faster than with the previous system
Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program
8.9.2020
The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares
Diginex Raises $20M Ahead of SPAC Listing on Nasdaq
8.9.2020
Diginex, the firm behind the newly launched EQUOS.io crypto exchange, has raised $20 million ahead of an anticipated Nasdaq listing later this month
Chinese mining giant Canaan announces $10 million share buyback
8.9.2020
Canaan will try to drive up its Nasdaq-listed stock from the $2 price mark
Perfect storm leads to big sell-off for Bitcoin and DeFi: Weekly recap
4.9.2020
A sharp correction in equities markets led Bitcoin price and DeFi tokens to sell-off sharply but have investors turned bearish?
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...
Microstrategy’s $250 Million Bitcoin Buy Consequential
2.9.2020
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for...
Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Marathon to Buy Fastblock Mining for About $22M in Stock
26.8.2020
The company gains 3,304 ASIC miners through the merger
Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
25.8.2020
Bitmain Technologies Inc. said 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 crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight...