Thomas Carreras on Muck Rack

Thomas Carreras

  • Consultant, Angle42
Guanacaste
As seen in: MSN, Yahoo Finance, Yahoo Finance Singapore, The Indiegogo Review, CoinDesk, Flipboard, NewsBreak, Crypto Briefing, NADA NEWS, Crypto News Australia and
Consultant at Angle42. Former reporter at @CoinDesk, @DLNews
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Articles

How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse Original

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By Thomas Carreras
| CoinDesk Verified
The bitcoin (BTC) mining industry was shaken up in the last months of 2024 by the sudden entrance of a new player: Cango (CANG), a Chinese firm that specializes in providing loans to automobile buyers. Based in Shanghai and valued at $363 million on the stock market, Cango is in the process of acquiring 50 exahashes per second (EH/s) worth of mining power, meaning that the auto lending platform will become one of the largest bitcoin miners in the world once its entire fleet goes online.
Open in Who Shared View Duplicates (10) Issue with article?

Garanti BBVA’s to Provide Crypto Trading Services in Hint of Things to Come Original

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By Thomas Carreras
| CoinDesk Verified
Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) is deepening its foray into the crypto ecosystem. Garanti BBVA Kripto, a crypto custody platform operated by Garanti BBVA — Turkey’s fifth largest bank, which as of December 2023 was almost 86% owned by BBVA — will soon be providing crypto trading services to the general public. Bit2Me, a crypto exchange founded in Spain in 2014, will be used as the bank’s trading execution center.
Open in Who Shared View Duplicates (10) Issue with article?

Bitcoin (BTC) Price Slumps to $92,000 as Long-Term Holders Keep Taking Profit Original

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By James Van Straten, Thomas Carreras
| CoinDesk Verified
Crypto prices are experiencing a rocky Monday due to poor U.S. macroeconomic data and rampant profit-taking. Bitcoin (BTC) has dropped 1.8% in the past 24 hours to $91,800, a price not seen since Dec. 5, the day it broke through $100,000 for the first time. The largest cryptocurrency has fallen more than 14% from its Dec. 17 record of $108,278. Ether (ETH) has lost less, falling 0.7% to $3,320, though it’s now 17% below its December highs, and still has not surpassed the record $4,820 it hit in 2021.
Open in Who Shared View Duplicates (18) Issue with article?
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