Short cryptonews for this week 39/52 (2023)

Short cryptonews for this week 39/52 (2023)

By Pasucaru | Crypto on fire | 30 Sep 2023


- Bitcoin price is trading above $27,000.

- Bitmain invests in Core Scientific with $53.9 million to boost Bitcoin mining. Tether acquires a 20% stake in German bitcoin mining company Northern Data.

- Arkham reports that Coinbase owns 1,000,000 BTC worth $26 billion, which would make Coinbase the largest company in the world, owning almost 5% of all BTC in existence.

- The number of Coinbase blockchain transactions has approached 2 million per day, for comparison, Polygon has 2.1 million transactions per day and BNB Smart Chain (BSC) has around 3.1 million.

- An Argentinian oil company is launching crypto mining using gaseous energy residues.

- Cubans are actively using cryptocurrencies to connect to the global economy despite sanctions and bans.

- Japan's largest investment bank Nomura is launching a Bitcoin fund for institutional investors.

- Lugano in Switzerland is becoming the crypto city of Europe with more and more adoption by merchants.

NFT of the week https://hey.xyz/posts/0x0157e0-0xa3-DA-95143070  (Polygon network on Lens Protocol https://lenster.xyz/u/pasucaru )

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