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Coinbase Turns the Tide: Q3 Earnings Show Net Profit Amid Crypto Market Slump

November 3, 2023 0

In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent shareholder letter, the publicly-traded cryptocurrency

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Bitcoin, Ethereum Technical Analysis: Leading Crypto Assets See Choppy Price Action

November 3, 2023 0

Bitcoin and ethereum prices declined in trading on Friday, November 3, 2023, as technical oscillators flashed mixed signals for the two largest cryptocurrencies by market capitalization. Bitcoin Bitcoin (BTC) fell 3.3% to $34,195 amid light trading volume of $20.79 billion over the last 24 hours. The relative strength index (RSI) reading of 70 indicates bitcoin […]

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Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree

November 3, 2023 0

Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detailed that the funding is poised to advance Northern Data’s cloud services and hardware capabilities, focusing on generative AI

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Marathon Digital and Nodal Power Unveil Methane-Fueled Bitcoin Mining Pilot in Utah

November 3, 2023 0

On Thursday, Marathon Digital, a publicly traded bitcoin mining company, announced its partnership with Nodal Power, revealing plans to initiate an innovative 280-kilowatt (kW) bitcoin mining pilot project in Utah. The project harnesses biogas, specifically methane from a landfill, to fuel the pilot’s BTC mining operations, which are reported to be fully energized.

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Infowars Host Alex Jones Lost 10,000 Bitcoin in Max Keiser’s Quiz

November 3, 2023 0

Alex Jones, host of Infowars, failed to answer a quiz of five questions that would have allowed him to recover 10,000 bitcoin he lost in a laptop over ten years ago. International journalist and Bitcoin enthusiast Max Keiser asked five questions on Bitcoin and its operation, of which Jones answered none correctly. Alex Jones Fails […]

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Developers on Google Cloud to ‘Verify’ Smart Contracts With Space and Time’s ZK-Proof Protocol

November 3, 2023 0

Developers working with the Google Cloud data warehouse known as Bigquery can now verify blockchain smart contracts and other business processes using Space and Time’s zero-knowledge (ZK)-proof protocol. The protocol is said to be useful for enterprises that are looking to connect their respective cloud data warehouse services to their smart contracts. Cryptographically

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Fun Is Critical to Making Decentralized Games a Success – Cryptopia CEO Sangho Grolleman

November 3, 2023 0

Sangho Grolleman serves as the CEO of Cryptopia, bringing with him a wealth of experience in the cryptocurrency realm since 2018. He recently joined the Bitcoin.com News Podcast to talk about the decentralized gaming market why making sure games are first and foremost fun to play is critical for success. Throughout his career, Sangho has […]

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Bulgaria’s Oldest Soccer Club Botev Plovdiv Adds Bitcoin as a Payment Option

November 3, 2023 0

PFC Botev Plovdiv, Bulgaria’s oldest soccer team, recently said it now accepts bitcoin payments at fan shops and catering points during matches. Fans who make payments using the top cryptocurrency anytime in the month of November are eligible for a 10% discount. Fans to Buy Tickets With BTC Bulgaria’s oldest soccer team, PFC Botev Plovdiv, […]

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Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’

November 3, 2023 0

The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “Another day and another court finds that the SEC again acted arbitrarily and capriciously. Is anyone else concerned about this very troubling […]

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JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further

November 3, 2023 0

The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also expects more interest rate hikes from the Fed, stating: “I suspect that they may not be done […]