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Core Scientific Finalizes $77 Million Agreement With Bitmain for Acquisition of 27,000 Bitcoin Mining Rigs
Core Scientific Finalizes $77 Million Agreement With Bitmain for Acquisition of 27,000 Bitcoin Mining Rigs
News  •  Technology  •  Sep 22, 2023 by Deniz Saat

Bitmain, a Bitcoin and cryptocurrency mining hardware maker, and the bankrupt mining company Core Scientific have come to an agreement with a combination of equity and cash to finalize their deal for expanding mining infrastructure. This deal between the two mining giants includes Bitmain providing 27,000 Bitcoin mining machines

Canada’s Bull Bitcoin Exchange Expands Services to Costa Rica
Canada’s Bull Bitcoin Exchange Expands Services to Costa Rica
News  •  Bitcoin  •  Sep 14, 2023 by Deniz Saat

Bull Bitcoin, a Canadian Bitcoin exchange, recently revealed it will provide an on-and-off-ramp for Bitcoin swaps utilizing SINPE Movil, Costa Rica’s most widely used payment provider. https://twitter.com/francispouliot_/status/1701603922178412740 In collaboration with a Bitcoin-centric economic initiative named the Bitcoin Jungle, individuals will have the ability to

MicroStrategy Acquires an Additional 5,445 Bitcoin at a Cost of $147.3 Million
MicroStrategy Acquires an Additional 5,445 Bitcoin at a Cost of $147.3 Million

In a demonstration of MicroStrategy's unwavering dedication to Bitcoin, the software company has added an additional 5,445 BTC into its corporate treasury. This latest procurement, executed on September 24th, 2023, comes at an average price of around $27,053 per Bitcoin, resulting in a total investment of

News  •  Bitcoin  •  Sep 25, 2023
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MicroStrategy Acquires an Additional 5,445 Bitcoin at a Cost of $147.3 Million
MicroStrategy Acquires an Additional 5,445 Bitcoin at a Cost of $147.3 Million

In a demonstration of MicroStrategy's unwavering dedication to Bitcoin, the software company has added an additional 5,445 BTC into its corporate treasury. This latest procurement, executed on September 24th, 2023, comes at an average price of around $27,053 per Bitcoin, resulting in a total investment of

News  •  Bitcoin  •  Sep 25, 2023
Core Scientific Finalizes $77 Million Agreement With Bitmain for Acquisition of 27,000 Bitcoin Mining Rigs
Core Scientific Finalizes $77 Million Agreement With Bitmain for Acquisition of 27,000 Bitcoin Mining Rigs

Bitmain, a Bitcoin and cryptocurrency mining hardware maker, and the bankrupt mining company Core Scientific have come to an agreement with a combination of equity and cash to finalize their deal for expanding mining infrastructure. This deal between the two mining giants includes Bitmain providing 27,000 Bitcoin mining machines

News  •  Technology  •  Sep 22, 2023
Canada’s Bull Bitcoin Exchange Expands Services to Costa Rica
Canada’s Bull Bitcoin Exchange Expands Services to Costa Rica

Bull Bitcoin, a Canadian Bitcoin exchange, recently revealed it will provide an on-and-off-ramp for Bitcoin swaps utilizing SINPE Movil, Costa Rica’s most widely used payment provider. https://twitter.com/francispouliot_/status/1701603922178412740 In collaboration with a Bitcoin-centric economic initiative named the Bitcoin Jungle, individuals will have the ability to

News  •  Bitcoin  •  Sep 14, 2023
Deutsche Bank Introduces Bitcoin and Digital Asset Custodial Services for Institutions
Deutsche Bank Introduces Bitcoin and Digital Asset Custodial Services for Institutions

Based on a Reuters report, Deutsche Bank, the leading German financial institution, has joined forces with the Swiss crypto company Taurus to provide Bitcoin and cryptocurrency custody, among other services, to its institutional clients. Paul Maley, Deutsche Bank's chief of global securities services, mentioned "as the digital

News  •  Bitcoin  •  Sep 14, 2023
Franklin Templeton Files for U.S. Bitcoin ETF
Franklin Templeton Files for U.S. Bitcoin ETF

Franklin Templeton, a global investment behemoth, has submitted a regulatory Form S-1 to the U.S. Securities and Exchange Commission (SEC) on Monday, aiming to secure approval for a spot Bitcoin ETF. This move arrives amidst intense competition to introduce the first U.S. spot Bitcoin ETF. The contenders range

News  •  Bitcoin  •  Sep 12, 2023
FASB To Introduce New Fair Value Accounting Rules for Bitcoin
FASB To Introduce New Fair Value Accounting Rules for Bitcoin

Bloomberg Tax has recently announced that the Financial Accounting Standards Board (FASB) plans to roll out new fair value accounting standards for Bitcoin and other digital assets.  These upcoming standards aim to more precisely represent the market worth of Bitcoin and digital assets while increasing the transparency of financial disclosures

News  •  Bitcoin  •  Sep 08, 2023
SEC Postpones Decision on Spot Bitcoin ETF Applications From BlackRock, Fidelity, and Others
SEC Postpones Decision on Spot Bitcoin ETF Applications From BlackRock, Fidelity, and Others

The SEC has recently postponed the spot Bitcoin ETF applications of BlackRock, Fidelity, WisdomTree, Invesco & Galaxy, VanEck, Bitwise, and Valkyrie, as initially revealed by Bloomberg ETF analysts James Seyffart and Eric Balchunas. https://twitter.com/JSeyff/status/1697328531519279217 This marked the initial decision deadline by the SEC in the

News  •  Bitcoin  •  Aug 31, 2023
Court Rules in Favor of Grayscale in a Closely-Monitored Bitcoin ETF Lawsuit
Court Rules in Favor of Grayscale in a Closely-Monitored Bitcoin ETF Lawsuit

In Grayscale v. SEC, the U.S. Court of Appeals for the DC Circuit ruled on August 29th, 2023 that the agency acted arbitrarily by refusing to grant the digital asset firm permission to operate a Bitcoin ETF. The decision, which comes after the SEC turned down Grayscale's

News  •  Bitcoin  •  Aug 29, 2023
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