Tag: cryptocurrency

Another wave of speculation regarding the possibility of Bitfury's initial public offering (IPO), the leading supplier of blockchain infrastructure and software solutions. According to The Daily Telegraph, the business, which is also a major participant in the Bitcoin (BTC) mining sector, has enlisted the assistance of multinational consulting firm Deloitte. According to the publication, it has received information suggesting that the offering may fetch "billions of pounds." Bitfury, based in the Netherlands but registered in the United Kingdom, was allegedly valued at around USD 1 billion in its most recent funding round. The article states that if the listing occurs, it would be the largest ever for a European crypto and blockchain company. Bitfury's first public offering is l...

Getty Images Passive income is earned when a person is not actively engaged in business endeavors. Generally, all you need to do is invest your money or digital assets in a certain crypto investing strategy or platform and wait for it to produce a profit. Earnings are sometimes set and predictable. In others, a number of uncontrollable variables may come into play. A common method for people to get a return in crypto with little to no participation is via purchasing and holding crypto — a practice dubbed "HODLing" in the industry. This indicates that an investor is willing to buy a digital asset with the expectation that its value will increase substantially in the future. These investors are willing to go the distance, since this long-term approach may require them to hold holdings...