Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets

The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is…

Continue ReadingCanaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets

Bitcoin Pokes ATH Against Turkish Lira Following Erdogan’s Latest Rate Cut

Bitcoin is soaring against the Turkish Lira – but not due to increased demand. Rather, low-interest rates are causing the nation’s currency to rapidly decline, lowering its value against Bitcoin,…

Continue ReadingBitcoin Pokes ATH Against Turkish Lira Following Erdogan’s Latest Rate Cut

Finance Redefined: 83% of 7-figure Millennials own crypto, Sen. Warren criticizes DeFi, Dec. 10–17

A new study finds that more than 80% of millionaire youths hold digital assets, Senator Warren attacks stablecoins, and billions are locked in the Eth2 contract.

Continue ReadingFinance Redefined: 83% of 7-figure Millennials own crypto, Sen. Warren criticizes DeFi, Dec. 10–17