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BUSINESS

Southland Credit Union To Enable Bitcoin Purchases In Partnership With NYDIG

Shawn Amick - July 18, 2022

The credit union will use NYDIG’s custody platform and infrastructure to enable its customers to buy, sell and hold bitcoin, but users cannot transfer bitcoin.

BUSINESS

Sustainable Bitcoin Miner CleanSpark Purchases Over 1,000 Mining Rigs

Shawn Amick - July 14, 2022

CleanSpark added an additional 93 PH/s to its mining capacity after purchasing over 1,000 Whatminers to be co-hosted by Coinmint.

MARKETS

Inflation Sets News 40-Year High of 9.1%, Bitcoin Fights To Hold $19,000

Shawn Amick - July 13, 2022

CPI inflation data reached a 40-year high of 9.1% in June with the largest price increases occurring in the energy sector, seeing fuel and oil rising almost 100%.

BUSINESS

Brazil’s Largest Payments App To Enable 65 Million Users To Buy Bitcoin

Bitcoin Magazine - July 12, 2022

PicPay, the largest payments app in Brazil, is launching a cryptocurrency exchange where its 65 million users can learn about and buy bitcoin.

BUSINESS

Fifth Largest Swiss Bank To Enable Bitcoin Trading For Over 2 Million Customers

Shawn Amick - July 11, 2022

The banking arm of the Swiss post office and fifth largest Swiss retail bank is set to launch bitcoin trading and custody services by 2024.

MARKETS

A New Physically Backed Bitcoin ETN Just Launched In Germany

Shawn Amick - July 11, 2022

EQONEX Limited launched a physically backed bitcoin ETN for German investors which will allow free bitcoin redemption and low management fees.

MARKETS

142,000 Bitcoin Could Be Dumped As Creditors Eye Mt. Gox Repayment

Namcios - July 7, 2022

The Mt. Gox rehabilitation trustee asked creditors to choose between bitcoin, cash or Bitcoin Cash to receive repayment, risking pressuring the market further.

BUSINESS