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Riot Blockchain Mined 28% Less Bitcoin in July Due to Massive Heat Waves

One of the leading bitcoin mining companies – Riot Blockchain – mined 318 BTC in July – a 28% production decrease compared to June’s figures. The main reason for the…

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BlackRock Taps Coinbase for Institutional Crypto Trading and Custody Services

BlackRock, the world’s largest asset manager, is partnering with US crypto exchange giant Coinbase, to offer digital asset exposure to institutional clients. Coinbase announced the collaboration in a blog post…

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Bitcoin, Ethereum Technical Analysis: Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report

Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that…

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Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the…

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