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  • Business
    Motley Fool

    1 New Trend That Could Make Bitcoin Green

    The first nuclear-powered Bitcoin (CRYPTO: BTC) mining facility in the U.S. is scheduled to become operational this year. Yes, you read that correctly: Bitcoin is going nuclear. Independent power producer Talen Energy recently said it has completed the first phase of its Cumulus Susquehanna project, a future 1,200-acre campus in Pennsylvania that will not only host Bitcoin miners but will also serve as a data center.

  • Business

    Indian dealers offer hefty discounts as high prices dent sales

    Physical gold dealers in India offered the steepest discounts in 10 months this week to lure customers, as a sharp rally in local prices squeezed demand in the world's second-biggest bullion consumer. Local gold prices hit an all-time high of 57,125 rupees ($700.02) per 10 grams this week, forcing dealers to offer discounts of as much as $42 an ounce over official domestic prices, inclusive of 15% import and 3% sales levies, versus a discount of $24 last week. Dealers and jewellers have been postponing purchases on hopes the government would cut import duty in the upcoming budget, said a Mumbai-based dealer with a private bullion importing bank.

  • News

    Jihan Wu's Matrixport Cuts 10% of Staff

    At press time, Matrixport had more than 290 employees serving customers in 40 countries.