With BTC looking at gloomy short-term price predictions and altcoins on the rise, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.
Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures. Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund
Just call it Schrödinger’s bitcoin.
Digital Currency Group’s mining subsidiary Foundry is colocating 14,000 bitcoin miners at U.S. mining farm Compute North.
The post DCG’s Foundry will colocate 14,000 bitcoin mining machines in U.S. with focus on institutional buyers appeared first on The Block.
The partnership is designed to lower the high cost of entry for would-be bitcoin miners.
The People’s Hospital of Chengmai County has issued the first electronic bill on its blockchain-based invoice management platform in South China’s Hainan province, which brands itself as the country’s blockchain hub.
Digital assets trading business and exchange operator CrossTower is launching a new capital markets division focused on providing services to institutional investors.
The post CrossTower hires Citadel and Deutsche Bank veteran to lead new capital markets unit appeared first on The Block.
“Ultimately we end up with something that looks and feels a little bit like what you see in the prime brokerage space.”
Ledger was also targeted by hackers in Shopify’s data breach.
Though bitcoin’s rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as “altcoins” whose prices have yet to clear all-time highs from years past.
