Tag: bitcoin

Genesis Digital Assets Purchases 10,000 Bitcoin Miners From Canaan

The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and…

Bitcoin Beach Town In El Salvador Bustles With Growth After BTC Becomes Legal Tender

Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in…

Venture Capitalist Tim Draper Doubles Down On His $250K By 2022 Bitcoin Price Prediction

American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that…

Hedge Funds Aim For $300 Billion In Crypto Assets Within 5 Years, Survey Shows

Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds…