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Monday, December 16, 2019

Canaan Listing in the US is Estimated Between $2 Billion and $3 Billion

The world's second-largest cryptocurrency mining manufacturer, Jianan Zhizhi, also known as Canaan, has made a comeback this year after failing to list in Hong...

Too Soon to Consider Bakkt a Flop Says Wall Street Analyst

Since the US cryptocurrency futures exchange Bakkt began trading in late September, the trading volume was still in its infancy. However, some US analysts believe...

Bitcoin Price Falls Below $8,000, First Time Since June

Following a decline of more than 15% in an hour on Tuesday, the Bitcoin price fell another 8% Thursday morning and dropped below $8,000...

Bakkt Exchange Trades 71 Bitcoin Futures on First Day of Trading

Under the US Intercontinental Exchange Group (ICE), and escorted by a number of well-known investment institutions, the cryptocurrency futures exchange Bakkt officially started trading...

CME Group Applies to Increase the Upper Limit of Bitcoin Futures Contract

Bitcoin futures trading in the US is becoming increasingly popular. The Chicago Mercantile Exchange (CME) intends to increase the investment ceiling of a single...

PricewaterhouseCoopers Luxembourg Will Accept Bitcoin Payments

PricewaterhouseCoopers (PwC) Luxembourg, a European branch of the major institutional auditing firm announced that it will accept customers paying in Bitcoin starting October 1st. This approach...

Sichuan Torrential Rains and Mudslides Affecting Bitcoin Mines

The Sichuan Province in China has been affected by heavy rains recently. In many townships and towns, there have been natural disasters such as...

Coinbase Beats Fidelity for $55 Million Acquisition of Hosting Service Provider

Coinbase, the US-based cryptocurrency exchange, has recently made a big move. It beat out the large asset management company, Fidelity, and outbid for the...

New Zealand First Nation to Allow Salaries Paid in Cryptocurrencies

New Zealand will legally allow companies to pay salaries in cryptocurrency starting September 1, becoming the first nation to do so. In its August bulletin, New Zealand’s...

US Securities and Exchange Commission Postpones Three Bitcoin ETF Rulings Again

The US Securities and Exchange Commission (SEC) announced on Monday that it has yet again postponed the decision on three bitcoin exchange-traded funds (ETFs)...