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On Monday, banking giant Wells Fargo released a report titled "Cryptocurrencies — Too early or too late?" The goal of the report was to address a “common point of confusion regarding the future of cryptocurrencies as investments” - namely, whether it is either too early or too late to
The New York Digital Investment Group (NYDIG) announced that they will be offering a new bitcoin savings program for companies interested in partnering with them. The service will provide bitcoin trading and storage features that will not incur any fees to employees. All bitcoin will be held in NYDIG’s
Marathon Digital January Highlights * 3.6 EH/s with 32,710 active miners * 462.1 BTC mined * 8,595 total BTC on hand as of 1/31 Marathon Digital Holdings just released their bitcoin mining production numbers, noting several large year-over-year increases. The first noted improvement was the production of
News • Bitcoin • Feb 09, 2022
Marathon Digital January Highlights * 3.6 EH/s with 32,710 active miners * 462.1 BTC mined * 8,595 total BTC on hand as of 1/31 Marathon Digital Holdings just released their bitcoin mining production numbers, noting several large year-over-year increases. The first noted improvement was the production of
News • Bitcoin • Feb 09, 2022
On Monday, banking giant Wells Fargo released a report titled "Cryptocurrencies — Too early or too late?" The goal of the report was to address a “common point of confusion regarding the future of cryptocurrencies as investments” - namely, whether it is either too early or too late to
News • Bitcoin • Feb 09, 2022
The New York Digital Investment Group (NYDIG) announced that they will be offering a new bitcoin savings program for companies interested in partnering with them. The service will provide bitcoin trading and storage features that will not incur any fees to employees. All bitcoin will be held in NYDIG’s
News • Bitcoin • Feb 02, 2022
On January 31, 2022 Fidelity Digital Assets (FDAS) released a report titled “Bitcoin First,” in which co-authors Chris Kuiper and Jack Neureuter propose that Bitcoin is fundamentally different from other digital assets and that investors should treat it as a monetary good that “no other digital asset is likely to
News • Bitcoin • Feb 02, 2022
Bitfarms Ltd released its bitcoin production numbers for the first month of 2022, highlighting the addition of its new Paraguay location. The establishment of its newest mining facility brings the total number of online farms to seven. “Bringing our Paraguay farm online marks the start of our commercial operations in
News • Bitcoin • Feb 02, 2022
Cathie Wood’s ARK Invest, a firm focused on disruptive innovation, released their “Big Ideas 2022” report last week. The firm expressed their belief that there are five “innovation platforms” that will generate significant equity market returns over the long term: artificial intelligence, robotics, battery technology, gene sequencing, and blockchain.
News • Bitcoin • Jan 31, 2022
On January 25th, 2022, Five Star Bank, a subsidiary of Financial Institutions, Inc, announced a partnership with NYDIG. Five Star Bank is a $5 billion community bank with 560 employees and operates a network of more than 45 locations in the US. This partnership will enable the Bank's
News • Bitcoin • Jan 30, 2022
Valkyrie submitted their Bitcoin Miner ETF application to the SEC on January 26th, 2022. The investment firm plans to have the ETF trade on the NASDAQ Stock Exchange with the ticker “WGMI”. WGMI would allow investors to gain exposure to publicly traded Bitcoin miners for an annual management fee of
News • Bitcoin • Jan 28, 2022