The recent growth of the crypto market might be erased by inauguration day in a sort of “sell-the-news” event. This is the opinion of Arthur Hayes, co-founder of Bitmex and cryptocurrency market analyst, who believes that the window of opportunity…
NiceHash, a leading cryptocurrency mining platform, has announced it is moving its headquarters from the British Virgin Islands to Zug, Switzerland, based on information received by Finbold on Wednesday, December 18. The strategic relocation will align NiceHash’s operations with Switzerland’s…
Craig Wright, the man who fraudulently claimed to be Bitcoin creator Satoshi Nakamoto, received a one year in prison for being in contempt of court. Craig Wright Handed Court Loss Amid Satoshi Nakamoto Claims According to reports, Wright was officially…
November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said. What to know: December is expected to be a profitable month for bitcoin miners, the report said.…
Bitcoin (BTC) took a nosedive on Thursday, hitting an intraday low of $95,578 per coin, slipping more than 7% against the U.S. dollar in just one day. The whole crypto scene has shed over 11% in value, dragged down by…
Cango Inc., a Shanghai-based automotive transaction service platform, announced that it had completed the $256M cash-settled acquisition of on-rack crypto mining machines with 32 EH/s of hashrate from Bitmain. The company had previously announced this acquisition on November 6, together…