Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach...
Top US Banking Regulator: Banks Are Authorized to Use Public Blockchains and Stablecoins for Payment Activities
The top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this is good for bitcoin and its importance should not be understated. Banks...
Canaan Launches Submerged Liquid-Cooled Bitcoin Miner, Noiseless Device Boasts 50 Terahash
The publicly listed ASIC mining rig manufacturer, Canaan, has announced the launch of a new submerged liquid-cooled bitcoin miner called the Avalonminer A1066I. Canaan claims the new immersion cooling miner is noiseless and capable of significant overclocking, as the...
XLM pumps to $0.17 as Ukraine taps Stellar for its CBDC
Stellar’s price jumped nearly 14% to touch $0.17 on the back of sustained buy-side pressure. Stellar (XLM) has pumped hard over the past 24 hours as the price of the world’s 13th-largest cryptocurrency rose to highs of $0.17. The cryptocurrency’s...Interesting 13
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