The post Bitcoin’s Biggest Trade Goes From Hero Creator to Widow Maker appeared on BitcoinEthereumNews.com. (Bloomberg) — Grayscale Investments’ proposal to buy out certain holders of its flagship Bitcoin trust is the money manager’s latest bid to stanch losses in a fund that’s been a…
Core Scientific files for bankruptcy while generating positive cash flow
The post Core Scientific files for bankruptcy while generating positive cash flow appeared on BitcoinEthereumNews.com. A person familiar with the matter told CNBC that one of the largest bitcoin (BTC) miners and publicly traded companies in the U.S., Core Scientific, has filed for Chapter 11…
‘Black Swan’ Author: All Crypto People Are ‘Dimwits’
Prominent mathematician claims that cryptocurrency proponents have ‘miswired’ brains
Sam Bankman-Fried Heading Back to US on Wednesday: Report
Sam Bankman-Fried, the former boss of the failed cryptocurrency exchange FTX, is flying back to the United States as early as Wednesday. This was revealed by Doan Cleare, the acting commissioner of corrections for the Bahamas Department of Correctional Services, according to a new report by NBC News. Bankman-Fried, who is currently in the Fox […]
Metacade vs EOS: What makes the tokens so different?
The post Metacade vs EOS: What makes the tokens so different? appeared on BitcoinEthereumNews.com. During the last crypto bull market, the narrative of the “Ethereum-killer” was one of the most popular around. But in the cycle before that, there was really one project challenging…
The 10 Biggest Moments For Crypto in 2022
The crypto space had a wild ride in 2022, with giant players collapsing, markets tumbling, and even non-crypto fanboys taking notice of the dramas that played out. Just a year prior, things seemed to be headed upward with no sign of stopping in sight. The industry even reached an all-time high market cap in November […]
Gold price challenges the Dollar again – but for how long?
Last week, some of the more adventurous analysts at the Tier 1 banks made the outlandish prediction that Gold may approach double the value that it is currently trading at during the course of 2023. This may have appeared to be somewhat stratospheric and hard to imagine, however there certainly has been some volatility recently […]
Core Scientific to File for Bankruptcy
Reading Time: 2 minutesBitcoin mining giant Core Scientific will file for Chapter 11 bankruptcy today The Bitcoin mining firm will continue operating while it renegotiates its debts Core owns 5% of the global Bitcoin hash rate Core Scientific, one of the largest bitcoin mining companies, is planning to file for bankruptcy in Texas on Wednesday […]
MoneyGram Launches Online Remittance Platform With Ripple Partner In Brazil
The post MoneyGram Launches Online Remittance Platform With Ripple Partner In Brazil appeared on BitcoinEthereumNews.com. – Advertisement – MoneyGram rolls out an online remittance platform in Brazil. Ripple links lead to speculation that the payment giant may be using Ripple ODL. MoneyGram has launched an…
REIT Preferred is Overlooked and Offers 6% to 8% Yields
The post REIT Preferred is Overlooked and Offers 6% to 8% Yields appeared on BitcoinEthereumNews.com. Higher rates are attracting more individual investors to the preferred stock market because yields have risen nearly two percentage points this year to a range of 6% to 8%. Most…