In the IPO filing, Stronghold noted that with the fundraising, it will purchase an additional 27,300 crypto miners to expand its operations and increase its hash rate.
The new Mastercard upgrade is said to pose a challenge to rival Visa’s Fast Track initiative and intends to add crypto and blockchain tech track to their Start Path Incubator program.
When introduced, the new Robinhood feature will help to provide more security for users of the trading app and also absolve the firm of any supervisory failures.
Goldman Sachs plans to create an ETF linked to companies like Nokia, Facebook, Microsoft etc. The ETF will mimic the German Solactive Index.
Tesla CEO Elon Musk may have a role to play in dragging the price of Bitcoin down, hence, paving the way for the impairment loss suffered by the firm.
The initial announcement that Amazon would start accepting Bitcoin payments caused a spike in the coin’s price.
Bitcoin price has been consolidating since mid-May, where a lot of events making an impact on BTC happened.
Crypto exchange Coinbase believes that the US SEC is slowly warming up to Bitcoin derivative products as the market continues to expand with higher institutional participation.
The total amount of cryptocurrency ATMs installed worldwide crosses a striking 24000 mark, with the US topping the list as a country hosting the maximum number of cryptocurrency ATMs globally.
A Bitcoin squeeze has seen the crypto asset jump over 13% to $40,000, caused by factors such as Amazon’s interest and support from big names.
The new announcement made by the Robinhood CEO provided no specifics on the crypto wallet launch.
Notably, Bitcoin is the first currency Amazon is considering. However, in the future, it will expand its possibilities with other digital assets.
ProvXchange, a payments platform by BankProv, will allow its two clients to pay each other instantly. The company is known for its state-of-the-art APIs (application programming interfaces) for all customers.
On the technical charts, Ethereum (ETH) has managed to break past the upper trendline of the Falling Wedge pattern. This sets a bull case scenario for a bounce up to $2,500.
JPMorgan wealth management advisors will be able to buy and sell these funds on clients’ demands. However, they cannot propose or recommend any crypto investment.