Michael Novogratz $400 Million Bet: Form Giant Crypto Merchant Bank

Billionaire investor Michael Novogratz pulled back from bitcoin toward the end of last year, citing market volatility, and ultimately scrapped his much-anticipated crypto hedge fund as a result. He’s since returned with a market-defining announcement of plans to open a full service crypto merchant bank, which some are describing as the ecosystem’s Goldman Sachs, and … Read more

5000 MW to Spare – CEO of Hydro-QuéBec Wants to Attract Cryptocurrency Miners

Just recently in an interview with Québec’s local publication, Le Journal, the CEO of the public utility company Hydro-Québec wants to attract cryptocurrency miners to the region to help bolster economic prosperity. Also Read: Chinese Bitcoin Miners Explore Relocating Abroad Amid Fears of Crackdown Hydro-Québec Needs a Solution to Avoid Energy Tariffs Hydro-Québec is a large … Read more

Convenience Stores and Pawn Shops See Foot Traffic from Bitcoin ATMs

Bitcoin is continuing its popular trend throughout society, and these days the decentralized currency can now be purchased at your local bodega, gas station, deli, and convenience store. According to recent reports, bitcoin teller machines (BTMs) worldwide are popping up in great numbers; most notably in the U.S. as the country now commands roughly 1,279 … Read more

Crypto to Take Center Stage at G20 – “Need to See How We Can Regulate Bitcoin”

French Finance Minister Bruno Le Maire announced on Sunday December 17th that the next Group of 20 (G20) meeting would include discussion about how to regulate the world’s most popular cryptocurrency, bitcoin. The digital asset hasn’t ceased in making news all year, and European politicians appear more concerned in direct proportion to its price increase, … Read more