Khurram Shroff led IBC Group has responded to the Chinese decision to crackdown on cryptocurrency mining within their territory, by deciding to close all its Bitcoin and Ethereum mining facilities across China. The IBC Group will move its staff to new locations; including UAE, Canada, USA, Kazakhstan, Iceland, and various South American countries. Toronto, Canada,…
There are now 100,000 Bitcoin addresses holding over $1 million
The current Bitcoin wave has ushered in millionaires as the asset continues to attract more investors. Data acquired by Finbold indicates that at least 109,952 addresses each have a Bitcoin balance of about $1 million as of February 22, 2021. About 9,200 of the addresses each have a balance of $10 million, while the remaining 100,752 addresses…
Dubai’s IBC Group pledges 100,000 Bitcoin, the largest Bitcoin investment in history, to support setup of the Miami 2.0 Blockchain Strategy Foundation
IBC Group’s investment will make Miami the hot-seat of blockchain technology in the United States of America February 16th, 2021 – Dubai, Miami, Washington D.C. – Khurram Shroff, the Chairman of Dubai’s IBC Group, a noted Arab Whale, and the poster child of Blockchain technology in the Middle East and Asia, has pledged 100,000 Bitcoin (current…
Ethereum Hit 866,000 Average Daily Transactions in Q2 2020, Almost Three Times More than Bitcoin
Although the coronavirus outbreak had a significant impact on the crypto market, cryptocurrencies bounced back faster than other financial investments and quickly regained their pre-COVID-19 levels. As an inflation hedge during the coronavirus crisis, they continued drawing a lot of attention from investors. According to data presented by AksjeBloggen.com, Ethereum was the most traded cryptocurrency in…
PR: $1 Bitcoin 10-year investment would return $183 million with Gold generating $1.58
Gold returns remain fairly constant According to the data, $1 invested in Bitcoin nine years ago would have generated $682.37 as of today. The returns would be $1,113.54 after a dollar investment eight years ago. The Buy Shares research overviewed returns from 6th October 2009 and July 27th, 2020. The lowest returns would have been…
Bitcoin’s last 5 years ROI is 70x higher than average return of five major indices
Data gathered by Buyshares.co.uk shows that over the last five years Bitcoin’s Return of Investment was 70.16 times higher compared to the average of five major indices. According to the data, the average ROI for the researched fives indices was 49.27%. Major indices plunge in the wake of coronavirus pandemic According to the data, between June 26,…
The Number of Bitcoin ATMs Jumped by 70% in a Year and Hit Over 7,500 Globally
Recent years have witnessed an impressive growth of the cryptocurrency market, followed by a surge in the number of people trading with bitcoin, as the most significant cryptocurrency name in terms of both market cap and price index. The increasing number of users has contributed to the rapid growth of Bitcoin ATMs operating around the…
US Controls 66.2% of Bitcoin ATMs Worldwide
Data compiled by LearnBonds.com shows that the United States now has 4274 ATMs installed. This figure represents 66.2% of the machines worldwide. Globally there are 6454 Bitcoin ATMs with eight units being installed daily as of January 20 North America Dominates Global Bitcoin ATMs Canada has the second-highest number of installed Bitcoin ATMs at 678…