The NASDAQ-listed ASIC mining manufacturer Canaan Inc. plans to accumulate Bitcoin directly and optimize its revenue streams by expanding into self-hosted mining operations. The Chinese crypto mining hardware producer giant, which currently has a market cap of over $1.3 billion and projected Q2 revenues of $250 million, is venturing into Bitcoin mining. In a press […]
Dubai is now getting the first-ever Bitcoin fund in the UAE region. Canada’s 3iQ Corp announced that it shall be officially listing its Bitcoin Fund on Nasdaq Dubai. The fund launch comes just at a time when Bitcoin (BTC) and the overall crypto market are facing major turbulence and volatility. On Tuesday, June 22, the
Cardano founder predicts that Ethereum will overtake Bitcoin as a quick victory over the dominant and number one cryptocurrency so let’s read more in our latest bitcoin news today. Charles Hoskinson talked about crypto and why he thinks Ethereum is poised to overtake BTC in the near future. He started out by talking about the […]
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BNT price has tested and broken out of the 23.6% FIB retracement level of $3.04. The price may soon surpass the 23.6% FIB extension level of $3.28 as well. If by day close, the price retests and falls below these levels, then probably a downtrend has set in. In that case, the price downswing may continue tomorrow as well.