Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake

Friday, Oct. 12: after yesterday’s carnage, crypto markets are seeing some relative price stability. The top cryptocurrencies by market cap are seeing mild movement, both red and green.Market visualization by Coin360Bitcoin (BTC) has has seen little price action on the day, and is up 0.5 percent to trade at $6,318 as of press time. Ater…

Dr. Saifedean Ammous thinks El Salvador will be debt free if it accumulates Bitcoin for the next five years. Dr. Saifedean Ammous, the author of the explanatory book about Bitcoin (BTC), The Bitcoin Standard, has been appointed the Economic Advisor to the National Bitcoin Office of El Salvador.On May 30, the Office announced that the…

According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year. Although $35 billion seems high, it’s dwarfed by the…

The United Arab Emirates’ (UAE) central bank is collaborating with the Saudi Arabian Monetary Authority (SAMA) to issue a cryptocurrency accepted in cross-border transactions between the two countries. English-language Dubai-based media outlet GulfNews reported on this collaboration on Dec. 12.Mubarak Rashed Al Mansouri, the governor of the UAE’s central bank, said during a meeting on…

Bitcoin may be down 10% year-to-date, but that doesn't dent its status as a growing macro hedge, says Glassnode research. Is $155,000 BTC in the cards? 652 Total views 2 Total shares Bitcoin (BTC) has a new gold-inspired $155,000 target, as analysis describes both assets as “remarkably impressive.” In a post on X on April

A closer look at how Sui’s object-centric model and the Move language can improve blockchain scalability and smart contract development.

After corporate infighting temporarily halted chip shipments in 2020, Bitmain's Antminer team says business will resume as normal following former CEO Jihan Wu's departure. 833 Total views 6 Total shares Bitcoin (BTC) mining rig manufacturer Bitmain has issued a notice to customers stating that business operations will resume as normal in light of former chairman…

A New York power plant turns to Bitcoin mining in a successful bid to increase profitability.Bloomberg reported on Mar. 5 that a power plant in New York’s Finger Lakes region now mines about $50,000 of Bitcoin (BTC) each day using the electricity it produces.Atlas Holding, the private equity company that owns the facility, installed 7,000…