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Macro Investor Mike Novogratz Says MassMutual's Bitcoin Investment Could Be The Most Important One of 2020

Billionaire investor Mike Novogratz has described MassMutual insurance company’s Bitcoin purchase as the most important news in the cryptocurrency industry this year. Novogratz said that in a year marked by an increased number of institutions adopting Bitcoin (BTC), the insurance investment could the largest Bitcoin news of 2020. He tweeted his views, saying: “This might … Continue reading Macro Investor Mike Novogratz Says MassMutual's Bitcoin Investment Could Be The Most Important One of 2020

Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?

The founder of TechCrunch Michael Arrington discussed the Securities and Exchange Commission’s lawsuit against Ripple Labs over XRP. The Commission alleges that XRP is a security, rendering Ripple and its chief executives in violation of federal securities law over the sale of XRP tokens. In order for a cryptocurrency to be classified as a security, … Continue reading Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?

Bitcoin Bull Peter McCormack Slams Bank of England Andrew Bailey’s Narratives About Bitcoin

Bitcoin bull Peter McCormack has slammed the narratives of Andrew Bailey, the Governor of the Bank of England (BOE), regarding Bitcoin and cryptocurrencies.  As reported earlier by Blockchain.News, the BOE Chief spoke at a World Economic Forum panel and made a series of comments including the fact that Bitcoin and other digital currencies will fail as businesses … Continue reading Bitcoin Bull Peter McCormack Slams Bank of England Andrew Bailey’s Narratives About Bitcoin

DOGE Price Frenzy: Mike Novogratz and Peter McCormack Warn Dogecoin Bull Run Will End Poorly

Amid the ongoing bullish rally of Dogecoin (DOGE), Bitcoin bulls, Mike Novogratz and Peter McCormack have warned against the crypto’s unprecedented price rally which according to Novogratz is bound to “end poorly.” The statement was necessitated after the second massive rally of Dogecoin in weeks, sending the cryptocurrency’s price to $0.0721 per CoinMarketCap’s data. Per … Continue reading DOGE Price Frenzy: Mike Novogratz and Peter McCormack Warn Dogecoin Bull Run Will End Poorly

How to Mine Without Buying A Mining Machine

Bitcoin’s price has been rising incredibly and continues to trend upward. Many people may think that if they cannot buy a Bitcoin mining machine, they are missing out on a huge opportunity to generate profit. Mining cryptocurrencies is one of the best ways to make money. However, the high investment threshold may discourage the average … Continue reading How to Mine Without Buying A Mining Machine

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

HIVE Purchases Additional 4,000 New Bitcoin Mining Machines

Public Canadian crypto mining firm HIVE Blockchain has ordered 4,000 Bitcoin mining machines from Canaan Inc.- China’s Bitcoin mining hardware manufacturer. Canaan Inc. talked about the purchase and stated that the aggregate operating hash rate of the 4,000 machines is 272 petahash per second (PH/s). Canaan further mentioned that it expects to ship the machines … Continue reading HIVE Purchases Additional 4,000 New Bitcoin Mining Machines

Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan

US-based Bitcoin mining firm Genesis Digital Assets recently announced that it has bought an additional 20,000 Bitcoin mining machines from China’s biggest mining rig manufacturer, Canaan Creative Inc. Both companies announced the latest deal on Tuesday, August 31, but did not disclose the purchase order price. The purchase would be the largest known amount of … Continue reading Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan

Bitcoin Bull Peter McCormack Becomes Football Club Owner

Investing in digital currencies may seem normal to many people, but owning a full-fledged football club is reserved only for the extra rich. For Bitcoin bull, Peter McCormack, being a hardcore Bitcoin (BTC) investor is tagged by proponents of the new technology as an exclusive trait, and now, he has announced the acquisition of a local football … Continue reading Bitcoin Bull Peter McCormack Becomes Football Club Owner

Macau Likely to be Test Bed for China's Digital Yuan: Reuters

Macau is expected to be a testbed for China’s digital yuan, also known as the e-CNY, as casino owners prepare to bid for new licenses in the city for the first time in two decades. Chinese regulators will be looking forward to using the casino licensing opportunity to test the digital yuan in 2022, Reuters … Continue reading Macau Likely to be Test Bed for China's Digital Yuan: Reuters

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