Fri, July 25

How Can Users Embrace Cloud Mining for Passive Income in Crypto?

Cloud mining is a process of mining cryptocurrencies using remote data centers, where users can rent processing power and mining hardware to mine cryptocurrencies without having to manage the hardware themselves. The mining hardware is owned and operated by the cloud mining service provider, and the user pays a fee

May 14, 2024 3 mins read

Bank of Montreal’s SEC Filing Reveals Exposure to Several Bitcoin ETFs

A recent SEC filing by Bank of Montreal revealed the bank’s exposure to spot Bitcoin ETFs. A number of issuers’ spot ETF holdings were revealed by the bank in a recent disclosure. This follows the trend of conventional financial institutions purchasing Bitcoin ETFs. The fourth-largest bank in Canada, the Bank

May 14, 2024 1 min read

BlackRock’s Bitcoin ETF Dominates with Substantial Corporate Investors

The iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) for bitcoin owned by BlackRock, has surpassed all of its rivals in terms of the number of corporations that have invested in it. There are already 250 corporate investors of the BlackRock Bitcoin ETF, which began operations on January 11 after

May 13, 2024 1 min read

Shiba Inu Whale Moves 100 Billion SHIB to Coinbase Amidst Market Volatility

The recent activity of a Shiba Inu whale, identified by the wallet address 0x462, has drawn attention to the potential impact of large-scale transactions on the token’s liquidity and price stability. The whale deposited 100 billion SHIB, worth approximately $2.24 million, into a Coinbase account as part of a broader

May 13, 2024 2 mins read

Chinese State Workers Convert Digital Yuan to Cash Amid Adoption Challenges

Reportedly certain state Chinese workers who are paid in “e-CNY” or digital yuan hardly use it and have been changing it to physical cash, implying that China’s digital currency initiative is still in its early stages and has significant challenges. Some Chinese localities have started paying state personnel in the

May 13, 2024 1 min read

Analyst Who Predicted Shiba Inu Rally in 2021 Does Not Think SHIB Is the Best Bet for 2024 Gains, Recommends Solana-Based Rival With Under $100,000,000 Market Cap

Making the appropriate decisions in cryptocurrency investing may be likened to navigating a maze. As meme currencies like Shiba Inu (SHIB) continue to soar in value and draw interest from investors throughout the globe, investors must pay attention to the recommendations of experienced analysts to identify potentially profitable chances. This

May 13, 2024 4 mins read

Investment Firm Metaplanet Turns to Bitcoin Amid Japan’s Economic Woes

As a hedge against Japan’s ongoing economic woes, the Tokyo-listed crypto investment and consultancy business Metaplanet Inc. has decided to accommodate Bitcoin in its strategic treasury reserve. The company stated: “The move is a direct response to sustained economic pressures in Japan, notably high government debt levels, prolonged periods of

May 13, 2024 2 mins read
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