Bitcoin Well Announces Record First Quarter 2021 Financial Results Highlighted by Significant Revenue and Adjusted EBITDA Increases and a Corporate Update
Bitcoin Well Q1 2021 Revenue Bitcoin Well Q1 2021 Revenue EDMONTON, Alberta, June 18, 2021 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (the “Company”, “Bitcoin Well” or “BTCW”) is very pleased to announce record financial and operating results for the three months ended March 31, 2021, which reflect explosive growth quarter-over-quarter and year-over-year. Bitcoin Well demonstrated …. Read More
U.S. inflation expectations are rising, Bitcoin returns to $40,000
The frustration of market confidence brought about by the “5·19” waterfall in the crypto asset market was somewhat eased on June 14. The market “weathervane” Bitcoin (BTC) returned to the $40,000 mark, reaching a maximum of $41,064, a 24-hour increase It is 3.83%. The fund-level news comes from MicroStrategy, a listed company in the US …. Read More
A Bitcoin indicator with a “perfect” history suggests that it should be bought on dips
MicroStrategy may be as smart as ever, “buying” Bitcoin on dips, because an indicator with a “perfect” history tells traders that they should buy. In a tweet on June 15th, popular analyst Cole Garner believed that the ratio of Bitcoin to stablecoins was a bullish indicator. Buy on dips or pay attention to whales? After …. Read More
Asia Broadband Pursues AABBG Token Business Development in Central America As El Salvador Adopts Bitcoin As National Currency
LAS VEGAS, June 15, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is proceeding with plans to establish a presence in Central America and build a demand for the AABBG token in El Salvador. AABB will be targeting major Salvadoran retailers …. Read More
Central America’s Largest Multilateral Development Bank, Central American Unified Economic Bank, Supports El Salvador’s Efforts to Adopt Bitcoin
Central America’s largest multilateral development bank, the Central American Unified Economic Bank (CABEI), will support El Salvador’s efforts to adopt bitcoin, President Dante Mosi announced on the 14th, according to YouTube. He will form a team with the Ministry of Finance of El Salvador and the Central Bank of El Salvador. According to Mossi, Bitcoin …. Read More
Bitcoin Breaks $40,000 for First Time in Two Weeks.. Considering 5% Bitcoin Allocation of Paul Tudor-Jones Portfolio
Bitcoin once again reached the key resistance level of $40,000 today. This was reported on the 14th (local time) by YouTube. On May 26th, Bitcoin soared to its all-day high of $40,500. The latest good news comes after hedge fund legend Paul Tudor-Jones told CNBC’s Andrew Ross Sorkin that he was considering allocating 5% of …. Read More
El Salvador remittance company is reluctant to adopt Bitcoin despite passing Bitcoin fiat bill
Remittance companies operating in El Salvador are reluctant to support Bitcoin, despite the country’s new law requiring cryptocurrency assets to be fiat. Cointelegraph reported this on the 14th (local time). In an interview with Reuters, Kenneth Suchoski, a fintech analyst at Autonomous Research, said: “Remittance companies are unlikely to launch support for Bitcoin and other …. Read More
Alpha Sigma Capital Invests In and Initiates Research Coverage on Clean-Energy Bitcoin Miner Gryphon Digital Mining
Alpha Sigma Capital invested in Gryphon Digital Mining’s pre-Reverse Merger with Nasdaq listed company Sphere3D. Hermosa Beach, CA, June 14, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) Alpha Sigma Capital (ASC), a pioneering multi-strategy digital asset fund focused on the blockchain economy and the shift to a decentralized Web3 infrastructure, announced today the investment in Gryphon Mining and …. Read More
BitGo CCO Jeff Horowitz, How Should Cryptocurrency Be Regulated? Global Bitcoin 2021 Conference Completed
The world’s largest cryptocurrency conference, ‘Bitcoin 2021’, in which BitGo, a global digital asset financial service leader, participated as an official sponsor, ended successfully in Miami, USA. This event, which was held both online and offline from June 4 to 5, was attended by US presidential candidates Ron Paul and Senator Cynthia Lummis, and CEO …. Read More
Bitcoin Miners Reach Threshold to Activate Taproot Upgrade Focusing on Privacy Features.. Coming in November
Miners have enabled a major upgrade to the Bitcoin protocol. They finally locked in the number of blocks needed to upgrade to Taproot, a protocol that prevents complex transactions and lowers transaction fees. Decrypt reported on the 12th (local time). Currently, complex pre-Taproot Bitcoin transactions add a lot of code to the ledger and are …. Read More