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Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com

Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com

BTC.com is currently owned by Bitdeer Technologies and former Bitmain CEO Jihan Wu.

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MicroStrategy Files to Offer $600M in Notes in Order to Buy Yet More Bitcoin

MicroStrategy said it intends to offer $600 million aggregate principal amount of convertible senior notes due 2027. This story is developing and will be updated.

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ING Bank-Backed Crypto Trade Platform Pyctor Is Raising Money

The digital assets post-trade collaboration also involves Citi, State Street, UBS and others.

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MicroStrategy plans to raise an additional $690 million to buy bitcoin

MicroStrategy announced Tuesday that it plans to raise an additional $690 million to buy bitcoin.

The post MicroStrategy plans to raise an additional $690 million to buy bitcoin appeared first on The Block.

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Bitcoin breaks above $50,000, pushing market cap closer to $1 trillion mark

Bitcoin’s price has jumped above $50,000 for the first time, pushing the network’s market capitalization a step closer towards $1 trillion.

The post Bitcoin breaks above $50,000, pushing market cap closer to $1 trillion mark appeared first on The Block.

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Bitcoin Sets Fresh Record Above $50K Pushing Yearly Gains to 69%

The cryptocurrency’s latest pop pushes 2021 gains to 69%.

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Russia’s Lower House to Consider Bill on Crypto Taxation This Week

If passed the bill would amend tax laws to recognize digital currencies as a form of property.

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Bitcoin mining pool BTC.com is getting acquired by Chinese sports-lottery company 500.com

Bitcoin mining pool BTC.com, operated by Jihan Wu’s BitDeer Technologies, is getting acquired by Chinese sports-lottery company 500.com.

The post Bitcoin mining pool BTC.com is getting acquired by Chinese sports-lottery company 500.com appeared first on The Block.

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Celsius Network, Argo Blockchain Back Pre-Seed Round for Bitcoin Mining Startup

Luxor Technologies will use the funds to expand its hashrate and hire more engineers.

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Digital currencies and the future of the monetary system

Quick Take

  • On January 27th, 2021, Agustín Carstens, General Manager of the Bank for International Settlements (BIS), delivered a speech for Stanford’s Hoover Institution policy seminar that covered the digitization of money.
  • The Block Research recaps this informative lecture, which discussed Bitcoin, stablecoins, and of course, central bank digital currencies (CBDCs).

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