Bitcoin Group IPO: Third Time’s a Charm
Bitcoin Group, the Australia-based bitcoin mining business, has become a digital currency initiative to list on the Australian Securities Exchange (ASX). Being the first IPO of its class, the company is ecstatic to set “a precedent.” Initially, the company had a hard time with two prior stop orders on the first and second prospectus, September 10, was a....
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A British business school professor believes Bitcoin needs to go on a charm offensive to win over worried national regulators. Professor of Practice at Warwick Business School Jon Rushman said Bitcoin could have a permanent role amongst world currencies but only if it wins over regulators. Rushman told HedgeWeek: "Bitcoin needs to work harder on explaining its philosophy and on regulation, they need to do a bit of a charm offensive with the regulators and make them comfortable with it while being true to their principles." The prof, a former MD at BlackRock, said it was possible to imagine....
Any carnival conjuror can attest that once an audience learns the science behind the way in which a trick is performed, the luster quickly fades. The eminent futurist Sir Arthur Charles Clarke is credited with the observation that “any sufficiently advanced technology is indistinguishable from magic”. Of late there is a profusion of hype in circulation about a seemingly magical data structure called a “Blockchain”. Illusionists like Harry Houdini and his ilk can be a great source of entertainment, but when the trick involves a disappearing act on customer confidence, something is amiss.....
$46,000 is now the next level of interest for traders, while behind the scenes, Terra keeps buying BTC. Bitcoin (BTC) closed in on its highest level of the month on March 25 with traders hoping for an end to months of consolidation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTerra BTC stash nears $1 billionData from Cointelegraph Markets Pro and TradingView showed BTC/USD cementing recent gains to hit $44,698 on Bitstamp Friday. With that, the pair was under $1,000 away from cracking the monthly high around $45,330.For traders, the yearly open at $46,000 was now of....
Crypto.com users can buy 18-month subscriptions of Time Magazine using CRO and other cryptocurrencies. In partnership with Crypto.com, a leading digital currency platform, Time is now accepting one-time crypto payments for its 18-month digital subscription. Users who elect to pay with Crypto.org Coin, or CRO, will receive up to 10% cash back on their purchase. The digital subscription is valued at $49. The option to pay with cryptocurrency is currently only available in the United States and Canada, with a global rollout scheduled for July 2021. Keith Grossman, Time’s president, said the....
Bitcoin price is making its best attempt yet to climb back above $40,000 since the big crash in May. Thus far, the phrase “sell in May and go away” has worked like a charm, and it could take longer before buying coins back again is a profitable strategy. That’s because the top cryptocurrency is struggling […]