Bitcoin and Ethereum bounces after sudden drop resulting in over $14.2B losses
Bitcoin price slightly tops $40,000 and Ether bounces above $2,600 as traders gain their composure following last week’s “historic deleveraging event.” Today, traders were ecouraged by green markets as the majority of altcoins saw their prices bounce back following last week’s downturn that was the “largest deleveraging event since the March 2020 sell-off,” according to […]
Riot Blockchain Inc. appoints Benjamin Yi as Executive Chairman and Lance D’Ambrosio as Director
Riot Blockchain, Inc. one of the top Bitcoin mining companies in the United States, announces the appointment of Benjamin Yi as New Executive Chairman, and that Lance D’Ambrosio has been appointed to the Company’s Board of Directors, as an independent director. Appointment of Executive Chairman, Benjamin Yi The New Executive Chairman, Benjamin Yi has served […]
Bitcoin Mining Council emerges after holding a meeting with Michael Saylor and Elon Musk
The CEO of MicroStrategy held a successful meeting between Tesla owner, Elon Musk and North American Bitcoin miners. North America’s Bitcoin miners appear to be moving towards greater environmental sustainability after MicroStrategy CEO Michael Saylor brokered a successful meeting between Elon Musk and big crypto investors and owners. Saylor and Musk both revealed Monday that […]
Coinbase appoints former White House adviser, Faryar Shirzad to a new policy role
The United States cryptocurrency trading platform Coinbase has employed Faryar Shirzad as the chief policy officer at the firm, signaling its continued commitment to meeting the evolving regulatory landscape governing digital assets. In joining Coinbase, Shirzad left a 15-year position as global co-head of the office of government affairs at Goldman Sachs, where he “played a leading […]
Cardano experience the highest weekly inflows from institutional managers
Institutional inflows into Cardano (ADA) investment products rapidly increased last week amidst the sudden fall of Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies, highlighting the growth of proof-of-stake assets amid the latest wave of environmental FUD in the markets. Institutional investment managers bought $10 million worth of ADA products for the week ending May 24, […]