BIT Mining Raises $50 Million

BIT Mining, a bitcoin mining company and owner of the BTC.com mining pool, has announced that it has reached securities purchase agreements with select investors to raise $50 million in a private placement.Under the terms of the placement, which will not involve a public offering and is expected…

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Hedge funds see the crypto market decline as an investment opportunity

Crypto market capitalization is down more than 40% since its $2.5-trillion high back in early May, but institutional investors continue to pile into the market. Despite Bitcoin (BTC) losing over half of its United States dollar value and altcoins tanking almost 70% on average, big-money players like hedge…

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The9 signs green Bitcoin mining deal with Russian firm BitRiver

The9, a Chinese internet company listed on the Nasdaq, is moving forward with its cryptocurrency mining plans by signing a contract with a major Russian crypto mining firm.The company announced Monday that it has signed a crypto mining hosting agreement with Russian crypto mining services provider BitRiver through its…

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Is Buying.com the Next Breakthrough in E-Commerce?

The text below is an advertorial article that was not written by Cryptonews.com journalists. For the last couple of decades, it's been fashionable to say that the Internet is a new stage in the human experience, a revolutionary point as significant as Gutenberg's or the Industrial Revolution. But,…

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