Despite the partnership announcement, Galaxy Digital Mining did not provide specific details on the number of machines deployed for the first installation.
Choosing the local cryptocurrency exchange that’s best for you largely depends on your personal needs and circumstances.
Despite the growing adoption of cryptocurrencies, among institutional and retail investors, some companies are still not considering adding crypto to their balance sheets.
Gary Black further noted that institutional investors currently would prefer Tesla to buy back its stock to holding Bitcoin.
Representatives of the Association met with members of the Biden Administration for favorable regulations and to correct “illicit finance” notion on crypto.
Currently, Apple tries to explore the crypto space and implements very measured steps. Notably, many analysts agree that Apple should invest in BTC or even create its own crypto exchange.
Taking up PayPal in its game, traditional crypto industry players Bitfinex and BitPay are allowing merchants to accept crypto payments amid a wider outlook of digital payments.
On Thursday, March 4th, Bitcoin is correcting after a phase of growth. It is generally trading at $49,500 USD.
In the interview with Bloomberg, Powell noted that Kraken currently has “no reason” to raise new capital. The CEO, however, pointed out that the company may seek to accelerate its acquisitions.
There may be an end to the recent pullback if Bitcoin stays above $50K. Analysts are predicting a new high above $58,000.
Ever since news emerged that Gary Gensler could be the new chairman of the SEC, crypto enthusiasts and analysts have praised this initiative as they see it as a big plus to the industry.
The move by Inner Mongolia to curb its crypto mining operations stems from Beijing’s concerns about the region’s inability to meet up with energy efficiency standards.
A recent Glassnode report, among other things, has shown that there could be an oncoming Bitcoin shortage if institutional investors continue to hodl.
Aston Martin’s partnership with Crypto.com is a clear indication that the interest in cryptocurrency adoption is increasing.
For all the variety of parameters, limits, conditions, and fees, the essence is lost: the cryptocurrency is meant to be decentralized.