Page 6 - Blockchain Crypto News Today

Bitcoin crashes as Tesla suspends payments over climate concerns In a statement posted to Twitter overnight, the electric car makers billionaire boss Elon Musk said that the firm was “concerned about rapidly increasing use of fossil fuels for Bitcoin mining transactions" The Bitcoin price tumbled by more than 10% on Thursday after Tesla Inc (NASDAQ:TSLA) boss Elon Musk said the electric car maker will stop accepting payments in the cryptocurrency amid concerns over its impact on global carbon...

How the ICP token is trying to rebuild the internet Companies How the ICP token is trying to rebuild the internet The crypto token, created by the Swiss Dfinity Foundation, has emerged from relative obscurity to become the worlds eighth most valuable digital currency with a market cap of just under £26bn A new cryptocurrency, the Internet Computer (ICP) token, has been making waves in the market this week after it appeared seemingly out of nowhere and landed on several notable crypto exchanges...

Crypto ETP sector expands as Bitcoin-linked fund begins trading in Frankfurt The new EPT, launched by German group Iconic Funds, is physically backed by Bitcoin and is aiming to “remove the technical complications of investing in and holding Bitcoin for investors in an industry-leading cost-effective manner” The growth of crypto-linked exchange-traded products (ETPs) took another step forward on Wednesday as a new Bitcoin ETP began trading on the  Deutsche Boerse’s XETRA market. The EPT...

Another surge in the value of the meme-inspired crypto has left it with a combined market cap of around US$87bn

Argo Blockchains mining revenues continue to rise The group said it had mined 163 Bitcoin or Bitcoin equivalent during the month, while its margins rose slightly to 85% Argo Blockchain PLC (LON:ARB) has reported higher revenues in April as the firm continued to mine Bitcoin and saw its margins widen slightly. In a monthly update, the crypto miner reported revenues of £6.7mln in April, up from £6.57mln in March, with an average monthly margin of around 85%. The group also reported that it had ...

Catenae Innovation snap up stake in win win Hyperneph Software collaboration Catenae Innovation Plcs (LON:CTEA) Guy Meyer talks to Proactive London after announcing that it has acquired a 51% interest in Hyperneph Software for £320,000. Hyperneph is a software and application development consultancy, focusing on digital transformation. The rationale for the acquisition is to secure and enhance its ability to deliver innovative software-based solutions. Quick facts: Catenae Innovation Plc Price...

Dogecoin notches all-time high after listing on eToro trading platform The multi-asset broker said overnight that it had added the meme-inspired crypto to its platform following strong client demand Dogecoin, the meme-inspired cryptocurrency, saw its price hit a new high on Tuesday after the token was listed on retail trading platform eToro due to strong client demand. In early afternoon trading in London, Dogecoin was trading at around US$0.509, up 29.4% in the last 24 hours, giving it a marke...

Most news about crypto markets focuses on the massive price swings, however, there exist a whole class of digital currencies that aim to achieve the...

Bitcoin and Ethereum ETPs from ETC Group and HANetf beat rivals for inflows, daily turnover and spreads BTCE has attracted inflows of US$459.7mln in the first three months of the 2021, with daily turnover of US$51.158mln nearly double its nearest rival ETC Group said its physically backed Bitcoin and Ethereum products have been the top exchange-traded products (ETP) for inflows, daily turnover and spreads in Europe this year. The BTCetc - ETC Group Physical Bitcoin (BTCE), which was the first ...

Argo Blockchain swings into profit as it crosses major inflexion point in 2020 The crypto miner reported a 120% jump in revenues during the year, adding that all of its mining machines have now achieved over 100% return on investment Argo Blockchain PLC (LON:ARB) swung into profit in 2020 as the cryptocurrency miner said it had crossed “a major inflexion point” during the year amid a surge in revenues. In its results for the year to December 31, 2020, the company reported a net profit of £...