Search Results for "sk square"
Crypto Wallets Holding more than 1,000 Bitcoins Hit an All-Time High
New data by Glassnode reveals that the number of BTC addresses holding at least 1,000 coins has broken the record at 2,305.
Wall Street Veteran Goes All-In on Bitcoin and Ditches Gold Just as BTC Reaches its All-Time High
Two prominent figures in the industry have recently revealed their investment in Bitcoin and their reiterated sentiment towards the digital asset.
Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon
A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.
Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers
Blockchain-powered driving licenses were made available as an option in South Korea in May.
Bitcoin Price Sets New Record High in 2020, 100% of BTC Wallets are in a State of Profit
Bitcoin has just set a record high today, surging above the $20,000 resistance level and setting a high at above $20,600.
Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls
Square has announced that it has successfully launched COPA to empower blockchain and crypto companies and to protect them from patent hoarding trolls.
JPMorgan to Launch Investment “Basket” Tied to 11 Crypto-Focused Firms including MicroStrategy, Square, and Nvidia
JPMorgan has filed a request with the Securities and Exchange Commission to approve a debt instrument linked to 11 firms that have all invested in Bitcoin and other cryptocurrencies.
Bloomberg’s Senior Strategist says Bitcoin Could Consolidate Like Gold Before Rallying Higher
Mike McGlone, a senior strategist at Bloomberg said that Bitcoin’s price could potentially soon add another zero to the back of its number.
New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis
Greenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.
Less Than 2% of the World Has Had Exposure to Bitcoin but BTC to be One of the Fastest Climbs in History
According to an on-chain analyst only less than 2% of the world's population own Bitcoin.
Bitcoin Price Rises But Altcoins Struggle to get Liberated from the Bears
Bitcoin is seeing recoveries following a revelation of a $170 million purchase from Square Inc with some altcoins following while others struggle/
US-China Cold War Could Benefit Bitcoin
An internal Chinese report presented to Chinese Leader Xi Jinping and his top party members on May 4, concluded that anti-China sentiment is currently at its highest since the 1989 Tiananmen Square crackdown according to Reuters.