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Nasdaq-Listed Mining Company Buys $150M Worth of Bitcoin
Nasdaq-Listed Mining Company Buys $150M Worth of Bitcoin
News  •  Bitcoin  •  Jan 24, 2021 by Nick Chong

Announced on Monday morning, Marathon Patent Group, a Bitcoin mining company based in North America, recently purchased $150 million worth of bitcoin. The purchase allowed the company to acquire 4,812.66 bitcoin, at an average price of $31,167. Bitcoin currently trades at $33,400 as per BTC Times

OKCoin Adds Lightning Network Support
OKCoin Adds Lightning Network Support
News  •  Bitcoin  •  Jan 22, 2021 by Nick Chong

OKCoin announced on Friday that it will be integrating the Lightning Network to "create the best trading experience for [its] customers." The Lightning Network is Bitcoin's leading scaling solution that allows Bitcoin users to send transactions near-instantly and at negligible cost. The feature is not live

Blockstream Ramps Up Mining Operations With $25M Miner Purchase
Blockstream Ramps Up Mining Operations With $25M Miner Purchase

Blockstream is looking to expand its mining operations. As detailed in a press release shared with the BTC Times, the Bitcoin infrastructure company has purchased $25 million worth of WhatsMiner Bitcoin miners from Shenzhen-based manufacturer MicroBT, which the firm plans to deploy across its mining facilities in North America over

News  •  Business  •  Jan 26, 2021
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Blockstream Ramps Up Mining Operations With $25M Miner Purchase
Blockstream Ramps Up Mining Operations With $25M Miner Purchase

Blockstream is looking to expand its mining operations. As detailed in a press release shared with the BTC Times, the Bitcoin infrastructure company has purchased $25 million worth of WhatsMiner Bitcoin miners from Shenzhen-based manufacturer MicroBT, which the firm plans to deploy across its mining facilities in North America over

News  •  Business  •  Jan 26, 2021
Nasdaq-Listed Mining Company Buys $150M Worth of Bitcoin
Nasdaq-Listed Mining Company Buys $150M Worth of Bitcoin

Announced on Monday morning, Marathon Patent Group, a Bitcoin mining company based in North America, recently purchased $150 million worth of bitcoin. The purchase allowed the company to acquire 4,812.66 bitcoin, at an average price of $31,167. Bitcoin currently trades at $33,400 as per BTC Times

News  •  Bitcoin  •  Jan 24, 2021
OKCoin Adds Lightning Network Support
OKCoin Adds Lightning Network Support

OKCoin announced on Friday that it will be integrating the Lightning Network to "create the best trading experience for [its] customers." The Lightning Network is Bitcoin's leading scaling solution that allows Bitcoin users to send transactions near-instantly and at negligible cost. The feature is not live

News  •  Bitcoin  •  Jan 22, 2021
Don't Believe the Hype: Bitcoin Was Not Compromised By a Double Spend
Don't Believe the Hype: Bitcoin Was Not Compromised By a Double Spend

Bitcoin nears the end of a tumultuous week as it recovers from a sudden dive below $30,000 after an inaccurate interpretation of a routine event snowballed into claims that the entire Bitcoin blockchain had been compromised. A Storm in a Teacup The focus was on a chain reorganization, or

News  •  Bitcoin  •  Jan 21, 2021
Dozens of Sites Host Bitcoin White Paper Following Craig Wright Legal Threats
Dozens of Sites Host Bitcoin White Paper Following Craig Wright Legal Threats

The Bitcoin white paper can now be read and downloaded at various new destinations, as dozens of companies and individuals have made the the document available on their websites in the last 24 hours. In what resembles an act of defiance, bitcoiners responded to a statement issued by Bitcoin.org

News  •  Bitcoin  •  Jan 21, 2021
BlackRock Funds "May Engage" in Bitcoin Futures, SEC Filing Suggests
BlackRock Funds "May Engage" in Bitcoin Futures, SEC Filing Suggests

BlackRock may plan to get involved in Bitcoin, two filings made by the firm with the Security and Exchange Commission (SEC) suggest. The world's leading asset manager, counting $7.43 trillion in assets under management at the end of 2019, filed two Statements of Additional Information (SAI) on

News  •  Business  •  Jan 19, 2021
Bitcoin Mempool Stays Cool as Payment Numbers Pass 2017 Record
Bitcoin Mempool Stays Cool as Payment Numbers Pass 2017 Record

Bitcoin transactions may be taking longer to clear and cost more than usual for some, but that may be because the network is handling more than it has in a long time. According to data from monitoring resource transactionfee.info, this month has seen Bitcoin process a record number of

News  •  Bitcoin  •  Jan 19, 2021
Janet Yellen Says to "Consider the Benefits of Cryptocurrencies"
Janet Yellen Says to "Consider the Benefits of Cryptocurrencies"

In a written response to the Senate Finance Committee on Thursday, Janet Yellen elaborated on her view of Bitcoin and other cryptocurrencies, to which she attributes the potential to "improve the efficiency of the financial system." Former Federal Reserve chair Yellen has been nominated by President-Elect Biden to

News  •  Bitcoin  •  Jan 19, 2021
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