After months of rapid expansion, Bitcoin’s hashrate growth slowed down in January, according to the latest report from TheMinerMag. The network’s difficulty saw its first decline since September, indicating that even though publicly listed companies have kept increasing their hash power, their growth isn’t enough to compensate for the capitulation of other, probably smaller operators. … Read more
In the past few hours, Bitcoin has seen a notable rebound from its recent slump, triggered by FTX’s repayment of $1.2 billion to its creditors, which added substantial liquidity to the market. Despite this recovery, various on-chain indicators currently indicate that Bitcoin may not surpass the critical $100K mark in the coming days. This sentiment … Read more
It’s a new era for the U.S. Securities and Exchange Commission under President Donald Trump as the agency voluntarily dismissed its appeal on Feb. 19 in a crypto rulemaking case. While the SEC’s voluntary dismissal of its own effort to reverse a court ruling blocking a contentious broker-dealer rule that would have given the agency … Read more
The price of Bitcoin has recently dipped to approximately $97,000 but is now making a steady climb toward the $98,000 mark. Despite ongoing market volatility, there are encouraging signs for the cryptocurrency landscape. Notably, interest in Pumpfun-style platforms has waned, particularly following criticism from the Solana community, which argued these platforms only benefited a select … Read more
China’s holdings of U.S. Treasuries have fallen to a 15-year low, driven by a preference for less visible accounts and a desire to reduce reliance on the U.S. financial system. Geopolitical Tensions Fuel China’s Treasury Shift The amount of U.S. Treasuries held by China has dropped to its lowest level since 2009. The decline is … Read more
Lawrence Jengar Feb 20, 2025 14:44 The Hong Kong Monetary Authority alerts the public about fraudulent websites and phishing scams related to The Hongkong and Shanghai Banking Corporation Limited. The Hong Kong Monetary Authority (HKMA) has issued a warning to the public regarding fraudulent websites, internet banking login screens, and phishing instant messages targeting customers … Read more
Key Takeaways: ECB accelerates work on an interbank settlement system for a wholesale CBDC The push for a digital euro is being driven by growing market demand and competition posed by stablecoins. The prospects of CBDC continue to be shadowed by privacy and centralization concerns. Frankfurt, Germany – The European Central Bank (ECB) is taking major strides toward … Read more
After reaching a peak of nearly $98,000, Bitcoin‘s price has since retreated, failing to maintain its position above this critical threshold. Recent incidents, including high-profile collapses involving notable figures such as Argentina’s president, coupled with significant macroeconomic shifts, have resulted in a stagnant phase for the cryptocurrency market. This situation raises the question: when will … Read more
Zach Anderson Feb 20, 2025 14:09 Microsoft introduces Majorana 1, a groundbreaking quantum chip with a Topological Core architecture, promising to revolutionize industrial-scale quantum computing in the near future. In a significant advancement for quantum computing, Microsoft has revealed the Majorana 1 chip, marking the debut of a quantum processor powered by a novel Topological … Read more
On Thursday, Ross Ulbricht, the founder of the Silk Road, posted on social media expressing that Roger Ver warrants support and that “no one should spend the rest of their life in prison over taxes.” Ross Ulbricht Rallies Support for Roger Ver After regaining his freedom earlier this year, following Donald Trump’s inauguration and the … Read more