Tag: Bitcoin
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Hut 8 Mining Production and Operations Update for December 2022
161 Bitcoin Mining in December 3,568 Bitcoin mined throughout 2022 100% of Bitcoin mined added to balance sheet, increasing reserves by 65% in 2022 to 9,086 BTC TORONTO, Jan. 6, 2023 /PRNewswire/ – Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) (“Hut 8” or the “Company”) one of North America’s largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, increased our Bitcoin holdings by 161…
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Bitcoin investors have no plans to sell despite ‘crypto winter’
More than two-thirds of Bitcoin investors have no plans to sell their holdings in the next five years, reveals a new global poll. A survey of cryptocurrency clients of deVere Group, one of the world’s largest independent financial advisory, asset management and fintech organizations, finds that 68% of those questioned said they would “hodl” for…
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Which African and Latin American countries next to adopt Bitcoin as legal tender?
Bitcoin will be adopted as legal tender in at least one more African and one Central or Latin American country in 2022, predicts the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. The prediction from Nigel Green of deVere Group comes as the Central African Republic…
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THREE more countries to adopt Bitcoin as legal tender in 2022?
Bitcoin will be adopted as legal tender in three more countries in 2022, predicts the CEO of a game-changing global financial giant. The ultra-bullish prediction from Nigel Green of deVere Group, one of the world’s largest independent financial advisory, asset management and fintech organisations, doubles down on one made on Sunday by the President of…
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Bitcoin, Ethereum rival Cardano to hit fresh highs on Sunday’s major tech upgrade
The price of Cardano, the third biggest cryptocurrency behind Bitcoin and Ethereum, will beat its own all-time highs by the end of the year, reaching $4 by the end of 2021. This is the bullish prediction of Nigel Green, chief executive and founder of deVere Group, one of the world’s largest independent financial advisory, asset…
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Official Recognition of Cryptocurrency’s Potential on Display in South America
NEW YORK, June 10, 2021 /PRNewswire/ — The first decentralized cryptocurrency, Bitcoin, was created in 2009. Since then, cryptocurrencies have become incredibly popular and were even adopted by several financial institutions. In fact, the banking and financial services application area is expected to account for the largest market size in the blockchain and crypto market. Worldwide, countries have…
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Bitcoin Ownership Among US Crypto Owners at 81% In March 2021 Survey
Cryptocurrency ownership is on the rise in many parts of the world and in a recent survey of almost 3000 US adults, Bitcoin is still the overwhelming favourite among the scores of cryptocurrencies that are now available. According to data presented by TradingPlatforms.com, 80.7% of US crypto owners indicated owning Bitcoin, while Ethereum is the…
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‘Buying power’ of the 100 bitcoin richest addresses decline 30% since the year’s start
With bitcoin registering world swings in recent days, the impact of the price movement is reflected in the amount of the asset held by the top wallets According to data compiled by cryptocurrency trading simulator Crypto Parrot, 15 of the top 100 bitcoin richest addresses recorded outflows of 43,161 in bitcoin between April 25 and…