Markets
Markets
On Tuesday, February 8th, a document appeared on the Russian government’s official website that laid the basic principles for regulating cryptocurrencies. Earlier this year Russia’s central bank proposed a blanket ban on cryptocurrency use and mining on Russian territory, citing risks related to speculative trading and energy usage
The ticker WGMI (internet slang for “We're gonna make it”) invests in publicly traded bitcoin mining companies focused on using renewable energy. The ETF began trading on Tuesday February 8 and after the first day of trading had a volume of 151,917. For reference, the highest volume
Bitcoin miners are finding creative ways to recycle the heat generated from their equipment. One Netherlands-based mining company - Bitcoin Bloem - has partnered with a Dutch farmer to help heat greenhouses and to cultivate “Bitcoin Flowers.” Bitcoin Bloem pays for the electricity costs of the miners and provides heat
News • Bitcoin • Feb 18, 2022
Bitcoin miners are finding creative ways to recycle the heat generated from their equipment. One Netherlands-based mining company - Bitcoin Bloem - has partnered with a Dutch farmer to help heat greenhouses and to cultivate “Bitcoin Flowers.” Bitcoin Bloem pays for the electricity costs of the miners and provides heat
News • Bitcoin • Feb 18, 2022
On Tuesday, February 8th, a document appeared on the Russian government’s official website that laid the basic principles for regulating cryptocurrencies. Earlier this year Russia’s central bank proposed a blanket ban on cryptocurrency use and mining on Russian territory, citing risks related to speculative trading and energy usage
News • Bitcoin • Feb 10, 2022
The ticker WGMI (internet slang for “We're gonna make it”) invests in publicly traded bitcoin mining companies focused on using renewable energy. The ETF began trading on Tuesday February 8 and after the first day of trading had a volume of 151,917. For reference, the highest volume
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
On February 1, 2022 the SEC released an order asking Bitwise to clarify how the firm will prevent manipulation, fraud, liquidity, the spot ETFs effect on bitcoin futures trading and other potential issues. Bitwise will have 21 days to publicly address the SEC’s concerns, then the ruling on listing
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
Bitcoin has benefited greatly from increased attention and adoption in 2021. It hit multiple all-time highs throughout 2021 before simmering down in December. But the start of the new year hasn’t seen the strong demand of years prior – at least when it comes to current market value. The Bitcoin
News • Bitcoin • Feb 02, 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