New Bitcoin price highs revive old misconceptions about BTC and crypto

With crypto exceeding all monetary expectations in 2020, some mainstream analysts have reverted to long-forgotten arguments from 2017. As anyone following the crypto industry will have noticed, yes, Bitcoin (BTC) did recently smash its previous all-time high of around $20,000. Now, many analysts anticipate the cryptocurrency to eventually rise to the mid-$30,000s or even higher […]

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Riot Blockchain buys 15K Bitmain Antminers, expects 65% hash rate increase

Nasdaq-listed crypto firm Riot Blockchain purchases additional 15,000 Antminers from Bitmain for $35 million. Riot Blockchain, a Nasdaq-listed cryptocurrency mining company, has inked another deal with Chinese mining giant Bitmain to buy 15,000 Antminers. According to a Dec. 21 announcement, the Colorado-based firm expects the new purchase will contribute to an increase in its total […]

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Sierra Club leads lawsuit against NY town to prevent expanding Bitcoin mining operations

The lawsuit alleges Greenidge circumvented state laws by seeking regulatory approval “through two separate but interdependent approval applications.” Several organizations have filed a lawsuit against the town of Torrey, New York for approving a plan to expand a Bitcoin mining facility near one of the Finger Lakes. In court documents filed on Thursday in the […]

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Bitcoin breaks records, what happens next, Coinbase IPO: Hodler’s Digest, Dec. 13–19

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]

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