Hive vs. Hut 8 Mining: Which Cryptocurrency Stock Is a Better Buy?

2021-10-21 08:00:00 Image source: Getty Images As Bitcoin has soared to record highs, cryptocurrency mining stocks have also gained significant momentum in recent trading sessions. Shares of HIVE Blockchain Technologies (TSXV:HIVE)(NASDAQ:HVBT) and Hut 8 Mining (TSX:HUT)(NASDAQ:HUT) are up 38% and 33%, respectively, in the last month. In the last year, HIVE has gained over 1,000%, […]

Bitcoin Mining Solve E-Waste Crisis

2021-10-21 06:45:47 We’re all familiar with the “energy waste” and “carbon emissions” narratives around Bitcoin mining. “It wastes energy!” “It’s a carbon emitter!” Obviously, Bitcoin is a unique and terrible attack on the environment at a scale previously unheard of in human history. But now the “Bitcoin is anti-environmental” narrative is now starting to shift […]

US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe – Regulation Bitcoin News

2021-10-20 17:33:14 A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven […]

Bitcoin miner Stronghold Digital Mining makes Nasdaq debut

2021-10-20 15:11:13 Spence and Beard of Stronghold Aaron Kotowski Shares of Stronghold Digital Mining jumped 52% in their first day of trading on Wednesday, as investors show enthusiasm for nascent companies tied to cryptocurrencies. Trading on the Nasdaq under ticker symbol “SDIG,” the Pennsylvania company, which mines bitcoin from waste coal, priced its stock at […]

Lark Davis Says Facebook, Reddit, Twitter, and TikTok Owns Ethereum By CoinQuora

2021-10-20 09:30:00 Lark Davis Says Facebook, Reddit, Twitter, and TikTok Owns Ethereum Facebook (NASDAQ:), Reddit, Twitter (NYSE:), and TikTok are all exploring (ETH). Lark Davis announced this on Twitter. One of the popular on-chain crypto analysts Lark Davis is back again with his style of tweets. At this time, Davis tweeted nothing other than to […]

First bitcoin futures ETF rises 3% in trading debut on the NYSE

2021-10-19 06:37:06 Shares of the first U.S. bitcoin-linked exchange-traded fund rose in their trading debut Tuesday. The ProShares Bitcoin Strategy ETF, ticker “BITO,” jumped more than 3% to $41.44. The fund tracks CME bitcoin futures, or contracts speculating on the future price of bitcoin, rather than the crypto itself. That means investors in the ETF […]

Cardano price paints ‘death cross’ with ADA at two-month lows vs. Bitcoin

2021-10-19 09:02:50 Cardano (ADA) has formed a deadly “death cross” on its daily chart against Bitcoin (BTC) — a market signal that’s generally seen as a warning of more downside in the near term. The ominously-titled indicator kicks in when an asset’s short-term moving average closes below its long-term moving average. In doing so, it […]