Apple Watching Cryptocurrencies, Says Vice President Bailey

Apple (NASDAQ:AAPL) has been and continues to be an influential company; and if it’s looking at the crypto industry, you know virtual currencies must be doing something right. According to sources, that’s what the tech giant is doing, with VP Jennifer Bailey stating it is “watching cryptocurrency.” Here’s what we know. Apple Watching Cryptocurrencies: The Facts At a private event in San Francisco, VP of Apple Jennifer Bailey took the stage, explaining to the crowd that the billion-dollar company is “watching cryptocurrency,” as it thinks the industry has “interesting long-term…

Bitfarms Expands Bitcoin Mining Operations in Québec

With a cool climate and endless supplies of renewable hydropower left over from a time when forestry, pulp and paper, and traditional mining drove the economy, Québec, Canada, has the potential to be a thriving bitcoin mining hub. Québec’s energy agency Hydro-Québec told Bitcoin Magazine that it now provides 668 megawatts (MW) of power to bitcoin miners (which it classifies as “blockchain companies”) and is currently taking proposals for 300 MW more, which will make mining one of the biggest industries in Québec in terms of energy consumption. Bitfarms, a…

Bitcoin Hater Mark Mobius Bats for Gold upon Its 21% YTD Rise |

After suggesting that decentralized asset bitcoin should be backed by Gold, prominent billionaire investor Mark Mobius is asking global investors to raise their stakes in the precious metal. The Mobius Capital Partners’ founding partner said in an interview with CNBC’s “Street Signs” that investors should allocate 10 percent of their portfolio to physical gold. He based his bullish sentiment on the central banks’ buying spree of the yellow metal in the first half of this year as they plan monetary easing on the sideways. Excerpts: “Physical gold is the way…