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US-based Bitcoin Mining Firm Stronghold Files for $100 Million IPO

In the IPO filing, Stronghold noted that with the fundraising, it will purchase an additional 27,300 crypto miners to expand its operations and increase its hash rate.Amid the recent crackdown by China on Bitcoin miners, the US is emerging as the next big market. Stronghold Digital Mining, the Pennsylvania-based Bitcoin miner is now willing to raise $100 million through an initial public offering (IPO).The company filed its S1-form on Tuesday, July 27, with the US Securities and Exchange...

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iM Intelligent Mining Taps Roy Phillips as Advisor to Advance Green Mining Efficiency

[PR – Las Vegas, Nevada, 27th July, 2021] iM Intelligent Mining (iM), a provider of environmentally responsible energy solutions for powering cryptocurrency mining operations, is delighted to welcome energy veteran Roy Phillips to join its Board of Advisors. Roy is the founder and CEO of REP Energy, a photovoltaic solar project developer that works with investors and private parties to maximize the opportunities available in the renewable energy business. With over three...

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Kazakhstan Reportedly Planning to Enable Banks to Process Cryptocurrency Purchases

The ruling body of Kazakhstan will reportedly allow local banking institutions to offer cryptocurrency exposure to clients. The implementation will run for one year, after which the government will decide whether to extend it. Bank Accounts for Crypto Transactions in Kazakhstan The Kazakhstani news channel Khabar 24 reported that the government plans to officially authorize local banks to open accounts for transactions with digital assets. Numerous institutions will soon be...

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CoinZoom Tackles Obstacles Undermining Crypto Adoption by Embracing Financial Services in Fresh Format

Besides remittance services, CoinZoom features five different CoinZoom Visa cards, depending on the amount of ZOOM you hold in your wallet.To help accelerate the widespread acceptance of cryptocurrencies, CoinZoom is continuously adding new services, including crypto Visa debit cards, crypto remittance services, an institutional-grade trading platform, and much more.Fully-Licensed Services Support Greater Functionality & AccessibilityDecentralized finance (DeFi) has become one of the...

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China to Increase Regulatory Pressure on Crypto, Says Bobby Lee

According to Bobby Lee, one of the leading crypto proponents of China, Beijing is no longer interested in encouraging crypto transactions in the country.China has been consistent in suppressing the crypto trade business in the region and has accelerated the regulatory pressure on existing trading units in the country to suspend the proceedings in their entirety. The Chinese government has been determined to execute a complete crackdown on cryptocurrency trading and impose a complete strict...

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Crypto Mining Firm Core Scientific Set for “Public Debut”

North American cryptocurrency mining company Core Scientific has announced plans to be listed publicly on the Nasdaq. Core Scientific Will Trade on the Nasdaq Soon The company is the latest in a huge string of crypto and blockchain-related companies to become publicly traded entities. Popular cryptocurrency exchange Coinbase arguably started this trend in mid-April and debuted on the Nasdaq with stock shares trading for more than $300 each. From there, several others...

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Bunicorn is Using NFT Collectibles to Revolutionize Liquidity Mining Incentives

[Featured Content] Decentralized finance (DeFi) and non-fungible tokens (NFTs) are two sectors of the crypto economy that have recorded massive growth over the last year. As of the time of writing, data show that both markets are worth about $79.59 billion. Bunicorn to Reshape Liquidity Mining As part of its efforts to promote the growth of DeFi and NFT adoption, Bunicorn, a Binance Smart Chain-based Automated Market Market (AMM) project, has launched an innovative product...

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Crypto Mining in US-Stadt unterbunden

In China ging man bereits weiträumig gegen das Crypto Mining vor. Doch in den USA – im Land der Freiheit – war dies bisher nicht zu erwarten. Eine kleine Stadt in der Nähe von New York hat aber offenbar nun für den ersten Fall gesorgt. Bitcoin News: Crypto Mining in US-Stadt unterbundenBei der Stadt handelt es sich um Massena, eine kleine Stadt kurz vor der Grenze zu Kanada. Allerdings sind die Restriktionen zunächst nur auf neue Mining Aktivitäten begrenzt. Die Entscheidungsträger gaben an,...

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Comments by Elon Musk Push Ethereum Price 15% Up, ETH Resumes Its Bull Trend

On the technical charts, Ethereum (ETH) has managed to break past the upper trendline of the Falling Wedge pattern. This sets a bull case scenario for a bounce up to $2,500.Speaking at the B-Word conference on Wednesday, July 23, tech billionaire Elon Musk confessed to owning Ethereum (ETH). This was enough to bring Ethereum out of the abyss and on a northward journey.Since Musk’s comments, the Ethereum (ETH) price is up 15% breaking past its crucial resistance of $2000. At press time, ETH is...

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Elon Musk: Tesla Will Again Start Accepting Bitcoin Payments, Wants BTC to Succeed

Elon Musk believes that nearly 50% of the Bitcoin mining industry has shifted to the use of renewables. This is a likely reason for the company to start accepting BTC payments from Tesla customers.On Wednesday, July 21, Tesla CEO Elon Musk said that the company will soon be accepting Bitcoin payments once again. Musk’s comments came during the B-Word conference hosted by the crypto council for innovation.Joining Musk were other industry players like Twitter CEO Jack Dorsey and Ark Invest’s...

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