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decrypt.co

Crypto Exchange CoinFLEX Plans $84M Restructuring in Seychelles

Beleaguered cryptocurrency exchange CoinFLEX has reportedly initiated a restructuring process in a Seychelles court. Crypto derivatives exchange CoinFLEX is seeking a quick resolution to its latest legal troubles as it files for restructuring in a Seychelles court, according to Bloomberg. The exchange, which intends to raise $84 million to pay...
CURRENCIES
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bitcoinist.com

Bitcoin Rally Ignites Lackluster Performance Of Crypto Stocks

Bitcoin had an impressive performance in July, along with major digital tokens that have hit their targets in the last four weeks. Bitcoin (BTC) increased by over a quarter, reaching $24,000, while Ethereum increased by approximately 55 percent, trading around $1,700. In the first week of July, the price of...
STOCKS
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ambcrypto.com

BitiCodes: A brand new auto-trading platform

There are many crypto trading bots in the world. It isn’t an easy task to choose a crypto trading bot. One of them, BitiCodes, claims to offer quick and easy access to popular cryptocurrencies. Let’s take a look at BitiCodes to learn more about its advantages and disadvantages. It is a complete crypto auto-trading software designed to help both beginner and expert traders make accurate as well as profitable trades.
SOFTWARE
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International Business Times

Crypto Exchange CoinFlex Initiates Restructuring Process In A Seychelles Court

Seychelles-headquartered cryptocurrency exchange CoinFlex has filed for restructuring in a court in the archipelagic island country. The company aims to resolve a shortfall created by a client missing a margin call. According to Bloomberg, CoinFlex sent out emails regarding the restructuring filing Tuesday, adding that it is looking for approval...
MARKETS

Block: More Unnecessary Bitcoin Pain

Block continues to report strong growth in gross profits. Investors need to learn to strip out transaction costs and bitcoin revenues to accurately analyze financials. While fintechs have rebounded sharply in the last few weeks, Block (NYSE:SQ) still trades below the levels where the stock traded back in 2018 due to bitcoin hampered results. The company actually reported a very solid quarter, but the market just isn't capable of getting past the headline weak revenue numbers due to the collapse in the low margin bitcoin transaction revenues. My investment thesis is far more Bullish on the stock while the market is distracted by misleading numbers.
STOCKS

What Should Investors Do With Riot After Bitcoin's Selloff?

Riot Blockchain's recent production figures suggest that the company may be feeling headwinds with the high electricity prices. The company is still well capitalized and shows no major liquidity concerns. Crypto miners like Riot Blockchain (NASDAQ:RIOT) are finally beginning to capture the attention of investors again. Many of the companies...
STOCKS
bitcoinmagazine.com

Treasury Sanctions Open-Source Software

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Early on August 8, 2022, it was announced by the U.S....
TECHNOLOGY
bitcoinist.com

Add These Cryptocurrencies To Your Watchlist: Uniglo (GLO), Helium (HNT), And Bitcoin SV (BSV)

With the recent surge in popularity of cryptocurrencies, many new investors are looking to get in on the action. However, with so many different coins and tokens, knowing which ones are worth investing in can be challenging. In this article, we will take a look at three cryptocurrencies that are worth keeping an eye on: Uniglo (GLO), Helium (HNT), and Bitcoin SV (BSV).
MARKETS
thenewscrypto.com

CleanSpark BTC Mining Company Acquires Additional Resources

The acquisition deal was made for $16.2 million with WAHA technologies. The hashing rate of the company is expected to increase by 38% in 2023. CleanSpark Inc., an American bitcoin mining company has acquired a mining field with a capacity of 86 MW from WAHA technologies. The acquired site is located in Washington, Georgia and the deal has been made between the companies for $16.2 million.
WASHINGTON, GA
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