ETF, after the Bitcoin spot ETF was approved: it plummeted immediately after its listing, institutions competed, and Coinbase caused controversy. Golden Finance, the dust of the Bitcoin spot ETF has settled, but the market response has not been satisfactory.
JinseFinanceAbu Dhabi-based Phoenix Group is set to acquire $187 million worth of new Bitcoin mining rigs from Bitmain Technologies, following a $380 million deal with WhatsMiner. The move aims to significantly boost Phoenix's Bitcoin hashing power, positioning the company as a major global crypto miner. The strategic expansion aligns with the recent approval of a Bitcoin exchange-traded fund (ETF) by the SEC, anticipating potential industry growth. Despite competition and profitability challenges in Bitcoin mining, Phoenix Group's aggressive approach underscores its commitment to staying competitive in the evolving sector.
EdmundBitmain has taken the step of suspending employee salaries, both performance-based and basic wages, in response to ongoing financial difficulties and setbacks in its mining operations.
KikyoSponsors of AFTER 2049 include notable names such as CrossFi, BIB Exchange, The Open Network (TON), Zetrix, Smobler, Auros, vechain, Henley & Partners, OPNX, and Quantstamp.
OliveTax authorities penalized Bitmain on April 4 for not paying personal income taxes under China’s tax collection and administration law.
Bitcoinist
Coinlive Join ECHOOO and Coinlive at "The Great Web3er" Afterparty in Hong Kong, on 12 April 2023 (Wed) from 7-10pm, at Mirage Bar & Restaurant!
CatherineThe rumors come hot on the heels of a Celsius financial report that exposes investors' transaction records.
BeincryptoPreviously, it has been reported in the industry that Bitmain founder Ketuan Zhan intends to support Ethereum Classic.
链向资讯According to reports, GameStop has hired 20 members for its new NFT department, and is about to reach cooperation with two encryption companies on NFT game development.
Cointelegraph