Bitfury and Swiss Investors Launch Bitcoin Mining Fund

Bitcoin mining technology firm Bitfury Group, recently valued at USD 1 billion, has entered an alliance with Switzerland-based investment firm Final Frontier to launch a regulated Bitcoin mining fund, as reported by Reuters. Under the supervision of Liechtenstein’s financial regulator, the Financial Market Authority, the fund was developed for both institutional and professional investors to […]

State-Backed Groups Start Trading Venezuelan Petro

A new Bitcoin.com report claims that it has unearthed new evidence to show that maligned cryptocurrency Petro, backed by the current Venezuelan government, has already started trading activities, thanks to several state-sanctioned exchanges and over-the-counter (OTC) groups. Venezuela sits in the throes of hyperinflation, today at over 1,600,000%, ensuring that its national currency bolivar loses […]

Russian Opposition Chief Raises $2.8 Million in Bitcoin

Russia’s reputation for being a political hotbed will not soon go away, and one of its leading opposition leaders, Alexei Navalny, will help ensure that, as it has now been made apparent that he has received significant funding in the form of Bitcoin. Navalny is a lawyer by profession turned political activist. Born in 1976, he founded […]

BitcoinNews.com Bitcoin Market Analysis 23th April 2019

Bitcoin Market Analysis 23th April 2019

The last two days were slightly different than expected. Given the level of volumes and the weakness of buyers near the price zone of $5,200-5,300, it is quite natural that a correction should start: However, on 22 April, buyers started their attack, after sellers did not want to continue to fall on 21 April, and […]

Blockchain Art Startup Scoops $7 Million in First Round Funding from Spotify Investor

Blockchain art provenance chaser and registry Artory has raised over USD 7 million in a funding round, which includes an early investor in Swedish streaming platform Spotify. 2020 ventures, an early backer of Spotify, American logistics company Postmates, and luxury goods resale platform The RealReal are all backing the new project which is aimed at […]