sees

Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part …

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Australian analyst sees huge inflows into crypto ETFs going forward

Australian analyst sees huge inflows into crypto ETFs going forward

Australia’s implicit interest in the first crypto ETF was a great piece of news for the crypto market. Especially, when the U.S. has taken a conservative approach on approval of physically-backed funds or spot ETF. But, there’s more positive to that according to an ETF expert. Sui Chung, CEO of CF Benchmarks recently told Insider …

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Shenzhen’s latest $3m digital yuan test sees nearly 140k transactions

Shenzhen’s latest $3m digital yuan test sees nearly 140k transactions

Residents in Shenzhen have proceeded nearly 140,000 transactions in digital yuan during a 10-day city-wide test of China’s central bank digital currency, known as DC/EP. The city of Shenzhen conducted a second run of the digital yuan test starting from January 7 by giving away $3 million worth-of digital yuan to 100,000 local citizens via …

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Ethereum, Stellar lose momentum while Decred sees bullish revival

Ethereum, Stellar lose momentum while Decred sees bullish revival

The cryptocurrency market underwent a decline which drove the collective market cap to $246 billion, at the time of writing. Following this, Bitcoin fell below $9,000-mark while its dominance also took a minor plunge to 65.6%. Source: CoinStats At press time, BTC was being traded at $8,797 after a slump of 5.06% over the past …

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Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019

Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019

Argo Blockchain, a bitcoin mining firm listed on the London Stock Exchange, reported stellar 2019 earnings Wednesday. The company attributed its success to cutting off its consumer-facing arm and focusing on mining some 1,330 bitcoin (BTC) on the year. In its full-year results, Argo said 2019 revenue was up 11-fold from the year before, a …

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Bitcoin Futures market sees increased turbulence as instability looms large

Bitcoin Futures market sees increased turbulence as instability looms large

Bitcoin’s price has been revolving around the $7k mark for a couple of weeks now. Every time the coin breaches the $7k, it has been met with extreme selling pressure, dragging down its value. However, on 16 April the coin, once again, surpassed the $7k market and has not yet dropped. But the price has …

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