Bitcoin
Bitcoin Mining Company Launches Fund to Start Mining in a South Asian Country
Bitdeer, Jihan Wu's Bitcoin mining company, has established a fund to start Bitcoin mining in a South Asian country.
Crypto Spot Markets Tighten: Insights from Kaiko Report
In a recent analysis by Kaiko, it has been revealed that the cryptocurrency spot markets are becoming increasingly concentrated, with two major exchanges holding a significant market share. This trend could potentially put smaller exchanges under increased pressure, especially in the event of a market downturn.
Crypto Billionaire Jihan Wu Launches Bitcoin Fund in Bhutan
In Bhutan, a new investment fund is emerging for investors, where Bitcoin mining has been conducted in secrecy by government officials since 2019. Jihan Wu, who left Bitmain under controversial circumstances in 2020 and received millions of dollars in compensation as well as the mining company Bitdeer, is making significant Bitcoin investments in Bhutan.
US Presidential Candidate Reveals Buying Bitcoin for Each of His 7 Children
Democrat Robert F. Kennedy Jr., who announced his candidacy for the 2024 elections in the US, revealed that he is a Bitcoin owner, contrary to his denial.
Bank of Japan’s YCC Amendment Talks & Sequoia’s Crypto Fund Downsizing: Key Updates
This article provides a summary of key cryptocurrency news, including the Bank of Japan's upcoming discussions on its YCC policy, Sequoia's decision to downsize its cryptocurrency fund, and Animoca Brands' planned investment in the 'hi' app.
Amazon Web Services Unleashes New Blockchain Service: A Game Changer for Bitcoin and More
Amazon's cloud service division, AWS, has introduced a new service that enhances blockchain-related operations. The service, part of the existing Amazon Managed Blockchain (AMB), includes two features that facilitate communication with public blockchains and streamline the construction of scalable applications. AWS is also investing in Web3 business, highlighted by a collaboration with the Japan-based public blockchain, Astar Network.
SEC Chairman Gensler Expresses Concerns Over Bitcoin ETFs in Cryptocurrency Market
In a recent interview, Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), voiced his apprehensions about the risks associated with cryptocurrencies, particularly Bitcoin. He also expressed his reservations about the approval of Bitcoin ETFs due to compliance issues in the crypto sector. Furthermore, he discussed the ongoing XRP lawsuit, stating that the SEC would not act on the court's ruling unless advised by its staff.
Bank of Japan’s Decision Did Not Disrupt Bitcoin’s Sideways Trend!
The Bank of Japan did not make the expected move in today's critical decision, and the sideways movement in the markets continued.