blok
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BLOK’s Focus on Bitcoin Miners
- February 18, 2022
- Posted by: MasterAdmin
- Category: Altcoins
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Crypto has had a rough start to the year with cryptocurrencies and crypto equities alike all falling as investors face rising interest rates and shuffle allocations around accordingly. Amplify ETFs’ flagship crypto fund, the Amplify Transformational Data Sharing ETF (BLOK), reviewed its tactical choices as an actively managed fund in the most recent newsletter and highlighted the current potential strength in crypto mining investment, as well as forward-looking estimates for crypto mining this year.…
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Silvergate Using Acquisition for Stablecoin Launch
- February 12, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Meta (formerly Facebook) came under much criticism and scrutiny in its failed management of the stablecoin payment system it was developing, winding down development with the sale of the project known as Diem (formerly Libra). Its buyer? Silvergate Capital Corp., a crypto-focused bank that has intentions of using the technology acquired to help launch its own stablecoin payment service later this year, reports Bloomberg.…
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Meta’s Miss Could Have Implications for Crypto
- February 5, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Meta, formerly Facebook, lost $232 billion in value on Thursday in trading as the company reported a weaker-than-expected forecast for its revenue, marking the largest decline in a single day ever seen in the markets, reports CNBC.
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