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Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact

Richard Byworth, the CEO of Diginex Ltd., a Nasdaq-listed digital asset financial services company, has given Bitcoin (BTC) a bullish price projection of $175,000 before the end of the year. As reported by Bloomberg, Byworth attributed his price call to the potential impacts of the newly signed coronavirus stimulus checks. Each eligible American will be entitled … Continue reading Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact

Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks – Mizuho Survey

Normal 0 false false false EN-US X-NONE X-NONE Eligible Americans have begun receiving their $1,400 stimulus check following US President Joe Biden signing a 1.9 trillion COVID19 relief package into law last week. According to survey data released by Mizuho Securities Co. Ltd., a significant amount of US citizens may be planning to spend almost … Continue reading Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks – Mizuho Survey

Standard Chartered Expands Business by Joining Crypto Family

Standard Chartered, the British multinational bank (MNB), announced Wednesday that the corporation has joined and followed the cryptocurrency trend.  Standard Chartered Bank is setting up a joint venture to buy and sell virtual currencies such as Bitcoin. On Wednesday, June 2, it announced that its technology department SC Ventures will establish a partnership with BC … Continue reading Standard Chartered Expands Business by Joining Crypto Family

Topnotch Bitcoin Mining Machine Manufacturer Bitmain Suspends Sales due to Chinese Crackdown

The world’s top bitcoin mining machine manufacturer Bitmain Technology Co., Ltd. announced that it would suspend the sale of mining machines worldwide in response to the Chinese government’s recent crackdown on domestic mining targetting domestic miners. The company stated that it aims to help miners who have exited the mining industry sell at a better … Continue reading Topnotch Bitcoin Mining Machine Manufacturer Bitmain Suspends Sales due to Chinese Crackdown

Crypto Mining Hive Signed a $66 million GPU Subscription Agreement with Nvidia

Hive Blockchain Technologies Ltd, a Vancouver-based cryptocurrency mining company headquartered in Canada, announced on July 1 Thursday that it has signed a Graphics Processing Unit (GPU) procurement contract worth $66 million with a top-notch GPU inventor Nvidia. The announcement came officially to join the Nvidia Partner Network (NPN) cloud service provider plan. “Joining the planning of NPN … Continue reading Crypto Mining Hive Signed a $66 million GPU Subscription Agreement with Nvidia

Bitcoin Miner Gryphon Announces the Purchase of 7.2K Antminers S19J Pro from Bitmain for $48M

Bitcoin mining company Gryphon Digital Mining announced on July 8 yesterday that it has purchased 7,200 Antminer S19J Pro mining machines manufactured by the world’s top bitcoin mining machine manufacturer Bitmain Technology for $48 million. The purchase of the Antminer S19J Pro mining machine is a strategic move to increase the company’s Bitcoin hashrate and maintain a zero carbon footprint. … Continue reading Bitcoin Miner Gryphon Announces the Purchase of 7.2K Antminers S19J Pro from Bitmain for $48M

South Korea's Top Remittance Payment Company Global Money Express Joins RippleNet to Expand Payments into Thailand

On Tuesday, August 10, Ripple network announced that it has established a connection with Global Money Express Co. Ltd (GME Remittance), South Korea’s top non-bank remittance payment company. According to Ripple’s official announcement, this cooperation is established through a joint venture between SBI Holdings and Ripple called SBI Ripple Asia.  GME Remittance utilizes its global … Continue reading South Korea's Top Remittance Payment Company Global Money Express Joins RippleNet to Expand Payments into Thailand

Binance Australia Appoints Former DigitalX EXEC Leigh Travers as New CEO

Binance exchange officially announced Sunday that the company hired former DigitalX CEO and director Leigh Travers as the CEO of Binance Australia. Binance Australia appreciated that Mr. Travers has deep expertise and background in the blockchain industry. He served on the board of directors of Blockchain Australia, an Australian blockchain industry organisation, before serving as the … Continue reading Binance Australia Appoints Former DigitalX EXEC Leigh Travers as New CEO

Standard Chartered Becomes the First Bank to Join the Global Digital Finance Patron Board

Standard Chartered, the British multinational bank (MNB), announced recently that the corporation would be joining the crypto and digital finance industry membership body Global Digital Finance (GDF) Patron Board. GDF, launched in 2018, is an alliance composed of the world’s leading cryptocurrency-focused financial technology companies and banks to develop blockchain technology and accelerate the adoption of … Continue reading Standard Chartered Becomes the First Bank to Join the Global Digital Finance Patron Board

Thailand’s SEC Moves to Revoke Huobi's License

Thailand’s Securities and Exchange Commission (SEC) has asked Huobi to halt its service operations in the country, citing the trading platform’s failure to implement the necessary requirements as defined by the country’s securities laws. As announced by the market regulator, investigations have revealed that Huobi was not fit to operate its business in Thailand based … Continue reading Thailand’s SEC Moves to Revoke Huobi's License

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