Blockchain - The Urban Mine

Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3

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Posted on October 21, 2021

Tesla electric vehicle maker has published its Q3 earnings report, showing that the company had an impairment loss of $51 million in its Bitcoin holdings. As per the Q3 earnings presentation, Tesla reported no new purchases or sales of Bitcoin, and currently, the firm holds $1.26 billion in Bitcoin investments. According to accounting rules for

BTC, ETH Jump to New Highs after Bitcoin ETF Launch – What’s Next?

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Posted on October 21, 2021

Optimism in the crypto world is sky-high that the Securities and Exchange Commission (SEC) okayed the first US Bitcoin futures exchange-traded fund. The launch is a springboard for crypto to become a more mainstream financial sector. Bullish comments from tech billionaire investor trader Paul Tudor Jones also gave a boost to BTC price as he

Geomining with COIN: What is it?

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Posted on October 21, 2021October 21, 2021

XYO Smartphone Mining XYO Network The XYO network permits users to convert their smartphones into a node using trackable, monitored, immutable blockchain and verification technology embedded through their partner app, “COIN”. The hassle of investing in a cryptocurrency miner or transforming individual currency on an exchange FINALLY has a solution. Users can now apply their

SolChicks- The Best Play-to-Earn Game on Solana.

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Posted on October 21, 2021

In our ‘Play-to-Earn’ gaming system, you are rewarded based on your efforts and skill. The battles you engage in revolve around a matchmaking system that connects you to opponents of a similar skill level. SolChicks can participate in PvPs and earn in-game SolCoin rewards post-match once they reach Fledgling level 15. You can also use

Major Advantages of Blockchain Financial Trading

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Posted on October 21, 2021

Blockchain-based trade finance platforms are already changing the world. In this article we will explore their key benefits and will explain why you should start testing this new model now. The traditional model is already outdated. There are always many participants involved (sellers, buyers, banks, insurance and logistics companies, etz.) and everyone has to interact

Bitcoin Price Surges to All-Time High Of $66,900 Level

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Posted on October 21, 2021

The crypto market indicates no signs of slowing down, with Bitcoin making another significant milestone to hit a new all-time high above $66,000 on Wednesday, October 20, marking a widespread recovery from a couple of months trading low and extending the year’s gains to almost 130%. According to CoinMarketCap, the world’s largest cryptocurrency surged 3.9%

Bitcoin’s Bear Trap Might be Over as Price Jumps to New ATH of $66,952

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Posted on October 21, 2021

As Bitcoin (BTC) scaled to a new all-time high (ATH) of $66,952, some analysts had noted that it was not a matter of if but when the benchmark cryptocurrency would breach its previous record of $64,800 set in mid-April based. Bitcoin has been enjoying a significant upward momentum and was hovering around $66,359 during intraday

PIMCO Begins to Step into the Field of Crypto amid the Fad of Bitcoin

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Posted on October 21, 2021

A Fixed-income investment management giant PIMCO began to get involved in the cryptocurrency field and gradually increased the amount of investment. CNBC reported Wednesday PIMCO Chief Investment Officer Daniel Ivascyn stated that PIMCO has followed the current digital asset trend and plans to increase its exposure to cryptocurrencies such as BTC. Hedge fund portfolios are

Why Cathie Wood’s ARK Investments Skipped Buying the First Bitcoin Futures ETF Shares?

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Posted on October 21, 2021

While investors bought huge amounts of the ProShares Bitcoin futures shares during the opening day, famous crypto bull Cathie Wood was not among them. Speaking at the Milken Institute Global Conference on Tuesday as part of the interview with Bloomberg media, Wood talked about the ETF’s debut and said Ark held off purchasing ProShares Bitcoin Strategy

Luxury Shoe Brand Jimmy Choo Floats First NFT Collection on Binance

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Posted on October 21, 2021

Global luxury fashion brand Jimmy Choo has launched its first-ever Non-Fungible Token (NFT) collection on the Binance NFT marketplace. As announced by Binance, the collection will be available for six days, and the NFT was launched in collaboration with New York artist Eric Haze. The world of Non-Fungible Tokens is gradually expanding, with global brands

Category: Blockchain