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Crypto stocks bounce after US$6b drop as Bitcoin churns

(May 15): Cryptocurrency-exposed stocks are recovering from a bloody four-day slide that had wiped out roughly $6.1 billion in value from a basket of companies tied to the fortunes of the volatile digital-asset world. Marathon Digital Holdings Inc.’s 17% jump led the way on Friday, as the shares halted a nine day losing streak. The gains come as Bitcoin climbs back from a slide of more than 15% on Thursday. Tesla Inc. Chief Executive Officer Elon Musk triggered the volatility late Wednesday b...
New York United States Elon Musk Coinbase Global Inc Riot Blockchain Inc Revenue Service

Cryptocurrency Mining Company Argo Blockchain Generates Record Revenue in April

Cryptocurrency Mining Company Argo Blockchain Generates Record Revenue in April Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB) (OTCQX: ARBKF) today announced it has mined 163 Bitcoin or Bitcoin Equivalent (together, "BTC") in April compared to 165 BTC in March. At the end of April, the company held 936 BTC. Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in April amounted to $9.3 million compared to $9.1 million in March 202...
United States United Kingdom City Of Emma Valgimigli Argo Blockchain Peter Wall

Argo Blockchain Plc (Argo or the Group) 2020 Full Year Results

120% revenue and 5 times EBITDA growth delivers first annual profit Argo Blockchain Plc, a global leader in cryptocurrency mining (LSE: ARB), is pleased to announce its audited results for the year ended 31 December 2020. Financial Revenue increased by 120% to £19.0m (2019: £8.6m) Total number of Bitcoins mined rose from 1,330 in 2019 to 2,465 in 2020, an 85% increase in annual production Mining margin 41% (2019: 60%) despite challenging market conditions, including Bitcoin halving in May 202...
United States United Kingdom British Columbia City Of Emma Valgimigli Argo Blockchain

Investegate |Valereum Blockchain Announcements | Valereum Blockchain: Holding in the Company

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any natio...
United Kingdom City Of Miller Allie Feuerlein Richard Poulden Monecor London Peterhouse Capital

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Investegate |Valereum Blockchain Announcements | Valereum Blockchain: Holding in the Company

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any natio...
United Kingdom City Of Miller Allie Feuerlein Richard Poulden Block Chain Technology Monecor London

Investegate |Valereum Blockchain Announcements | Valereum Blockchain: Application to Trading on OTCQB

  London, UK, 6 April 2021 - Valereum Blockchain Plc (AQSE: VLRM) , the Cryptocurrency Finance, Defi and Blockchain Technology venture builder, is pleased to announce that it has appointed the corporate and securities law firm Galanopoulos & Company to act as the Companys US OTC Markets Sponsor. Galanopoulos will work to have the Companys ordinary shares cross-traded on the OTCQB Venture Market ("OTCQB") in the United States. This will be in addition to t...
New York United States United Kingdom City Of Miller Allie Feuerlein Richard Poulden

Cryptocurrency's Expansion Garners Institutional Attention

Cryptocurrencys Expansion Garners Institutional Attention FinancialBuzz.com News Commentary Share this article Share this article NEW YORK, March 9, 2021 /PRNewswire/ -- A cryptocurrency is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database. The database uses strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer o...
New York United States Tel Aviv Argo Blockchain Joao Barbosa Peter Wall

BitGo Blog: Discusses Bitcoin's First Movers and Growing Mainstream Acceptance as More Institutional Investors Embrace Cryptocurrencies

Share: Meet the 30 Private & Public Companies with Bitcoin Reserves Totaling Over $55 Billion BitGo, the leading digital asset financial services company, issued a blog post discussing 30 private and public companies that are the first movers to add Bitcoin to their balance sheet or portfolios. Bitcoin has attained newfound ubiquity over the past year, with prominent figures ranging from Bridgewaters Ray Dallio to Teslas Elon Musk acknowledging the viability and utility of the asset class. Ofte...
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