Cryptocurrency Mining Leads to Boom in Q1 GPU Sales
This week, Nvidia announced its fiscal first quarter financial results, and not surprising to anyone who couldn’t track down an Nvidia GPU for several months at retail price, they were pretty good. The company’s first quarter revenues surpassed $3.2 billion, which is...
Over 8000 BTC Just Moved from Mt. Gox Trustee’s Wallet
The Mt. Gox trustee tasked to sell approximately 200,000 bitcoin is suspected to have dumped another 8,000 bitcoin on the cryptocurrency market, and this may be in part to blame for the overnight dip in Bitcoin and other cryptocurrency prices. Unlike traditional...
Robinhood Raises $363 Million in Funding, Sets Sights on Rival Coinbase
Thursday, the stock and cryptocurrency trading app, Robinhood, announced that it has raised an additional $363 million in funding in a recent round of investments. The new investment makes it second only to Stripe when it comes to highest valued private fintech...
Billionaire Mike Novogratz and Bloomberg Launching Cryptocurrency Price Index
One of the biggest bulls in bitcoin is working with an unlikely partner to create a new cryptocurrency price index. According to CCN, billionaire Mike Novogratz and Bloomberg LP are launching a new Bloomberg Galaxy Crypto Index (BGCI) service. The goal of the...
NYSE Has Plans on Opening Cryptocurrency Exchange
Coinbase Custody, Bithumb’s offline exchange, and other providers of big cryptocurrency exchanges already enable large-scale institutional and retail investors to put money into cryptocurrencies like bitcoin in large sums. Coinbase Custody, for example, only...CONNECT WITH CRYPTO TRADERS
