After ‘Taking out’ $6,800, Bitcoin Will Hit ‘New Highs’ In 2019, Says Galaxy Digital’s Novogratz

A roof around $6,800 is a decisive factor in determining whether Bitcoin reaches $9,000 before the end of 2018, Galaxy Digital CEO says. Galaxy Digital CEO Michael Novogratz delivered a fresh bullish price prediction for Bitcoin (BTC) Nov. 5. Novogratz told U.K. business publication Financial News that the leading cryptocurrency could hit highs of “$20,000 […]

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China: Bitcoin Mining Behemoth Bitmain Releases New 7nm Antminer Hardware

Bitcoin ( mining behemoth Bitmain has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, designed to mine with the SHA256 algorithm. Bitcoin (BTC) mining giant Bitmain has officially released two new 7nm (nanometer)  “Antminer” crypto mining machines, according to an official tweet posted Nov. 5. Bitmain indicated in September that it would be […]

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Mining Giant Bitfury Raises $80 Million in Closed Funding Round as Mining Market ‘Matures’

Bitfury has released details of a major funding round with participation from various European and Asian investors. Bitcoin mining infrastructure provider Bitfury has raised $80 million in a closed funding round, the company revealed in a press release shared with Cointelegraph Nov. 6. The round, which comes weeks after rumors Bitfury was considering an IPO, […]

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Report: Swiss Financial Watchdog Recommends Banks Set Crypto Risk Coverage at 800%

The Swiss financial watchdog FINMA has reportedly advised the country’s financial institutions to set crypto asset risk coverage at 800 percent of their value. The Swiss Financial Market Supervisory Authority FINMA has advised banks and other financial institutions to estimate risk coverage for cryptocurrencies at 800 percent of current market value, Cointelegraph auf Deutsch reports […]

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Deloitte Partners with Startup For Gov’t-Level Blockchain Identity Management

Audit and consulting firm Deloitte and Attest Inc. will develop a blockchain-based digital identity solution to assist its government clients. “Big Four” accounting firm Deloitte has partnered with identity management company Attest Inc. to develop a blockchain-based digital identity system, according to a press release published Nov. 5. Chicago-based Attest is an identity management company […]

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