Canaan Mining May Settle for Modest $100M IPO

Canaan Mining’s IPO in New York may raise only $100 million, at least based on recent edits to the prospectus. The company will aim to list on NASDAQ and become the first Chinese mining equipment producer to trade as a…

Coinbase Joins Regal Assets to Offer Insured Crypto IRAs

Regal Assets, an alternative investments firm, partnered with custodian Kingdom Trust and crypto exchange Coinbase to develop and provide a fully insured Bitcoin and cryptocurrency individual retirement accounts (IRA) in the US. Coinbase Steps Into Crypto IRAs Bitcoin and crypto…

Can Ethereum Become The Future of Finance as Global Debt Skyrockets?

The economic and financial news this year has been grim to say the least. As central banks battle to keep their monetary systems afloat, global debt is skyrocketing to an unsustainable level. A massive paradigm shift is needed and Ethereum…

Bitcoin Demand Model Reveals a ‘Clear Growth Trend’ (Since 2011)

The overall chart of Bitcoin demand has shown a clear growth trend, with demand in dollar terms increasing by 2.2 times each year.  BTC Demand May Become Self-Fulfilling Prophecy The big mystery for Bitcoin is whether the reward halving would…

Argo Blockchain Now Employs 7,000 Crypto Mining Machines

Argo Blockchain, increased the number of its crypto mining machines to 7,000, with plans to add additional 10,000 machines in 2020. Argo to Increase Crypto Mining Machines by 10,000 The crypto mining industry saw a surge in interest due to…

After NASDAQ, will Blockchain Drive the Next Stock Market Revolution?

Paxos, which operates a cryptocurrency exchange and several stablecoins, obtained the nod of the US Securities and Exchange Commission (SEC) to run a pilot project that will leverage blockchain for the stock market, according to a statement released last week.…

Bitcoin Not a Currency According to Facebook’s Libra Lead

David Marcus, head of Facebook’s Libra project, doesn’t see Bitcoin as a form of currency, stating that it’s digital gold. Bitcoin Not a Medium of Exchange Marcus was speaking at the New York Times Deal Book Conference in the Big…

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Gemini Exchange Adds Automated Customer Tax Reporting

US-based crypto exchange Gemini wants to help its users comply with the tax requirements in a convenient manner. The company hired Sovos to modernize its tax information reporting. The Solution Will Automate Gemini’s Tax Filings The exchange platform managed by…