Category Archives: News

300% Gain in One Month: Full Speed Ahead for HIVE

HIVE is the first cryptocurrency mining company in North America to go public with major assets, provable cash flow, and a road map for massive expansion. With $40 million in cash, HIVE Blockchain Technologies (HIVE-TSXv) will pursue a strategy of aggressive growth with the planned acquisition of more data centres from Genesis Mining in the future. Genesis is the largest cloud Bitcoin… Read More »

Bitcoin Has a Liquidity Problem and Here is the Solution

A few weeks ago, there was a spread of more than 6% between the price of Bitcoin in North America and in China, as the Chinese exchanges were dumping Bitcoin during the government crackdown. In theory, if you bought Bitcoin on a Chinese exchange (or even on Bitfinex which is based in Taiwan), you could then transfer the… Read More »

Labour Day Weekend Bitcoin Brawl: East versus West

The Chinese government’s decision to ban initial coin offerings triggered an epic selling spree that dropped Bitcoin from a high of $5000 USD down to a low of $3950 in the space of three days. That’s a drop of 21%. In comparison, on October 19th, 1987, the Dow Jones Industrial Average fell 22%. But remember that Bitcoin trades… Read More »