According to the company, it sold off 3,843 Antminer S19J Pros for $5.6 million as against the 3,400 it planned to sell for $7 million.
Pal’s bullish sentiment on Ethereum is a result of Ether’s price movement over the past few days compared to that of Bitcoin.
The move is generally a clear indication that Hong Kong can no longer ignore the needs of retail users.
Ethereum (ETH) has emerged as the top performer in the top ten crypto-list gaining over 14% and moving past $1,500 for the first time since the Merge event.
Elon Musk has also made a bold prediction that the global recession will continue until near 2024 Bitcoin halving.
Cash App was launched by Block Inc back in October 2013 but added Bitcoin trading services only 5 years later, in 2018.
The veteran trader is not overly enthusiastic about the prospects of BTC until maybe after 32 months or thereabout.
ARK CEO Cathie Wood recently disclosed that she bought $100,000 worth of Bitcoin at $250 years ago and has never sold it.
The CFTC has been working closely with the SEC to help provide crystal clear cryptocurrency regulations.
Guochun He faces up to 60 years while Zheng Wang faces up to 20 years in prison if convicted.
The Bitcoin mining industry has aroused controversial debates globally due to its energy rate consumption.
Block continues to show heightened interest in the mining sector, despite a rising mining difficulty.
Magnus Granath, AKA Hodlonaut was recently acquitted by a judge to end the defamation trial against Craig Wright in Norway.
When asked about the recession, Elon Musk said that North America is in a pretty good shape while China and Europe are not.
According to the SEC, the application by Grayscale failed to answer the questions about preventing crypto market manipulation, among other concerns.