Gold continues its upward trajectory after an early sell-off, with analysts anticipating that the precious metal could ‘go even higher.’ Notably, an analysis by RLinda notes that gold is hovering near a key zone of interest, where it may experience a minor pullback before resuming its climb. Gold one-day price chart. Source: TradingView At press … Read more
While bitcoin’s value slid beneath the $100,000 threshold, bottoming at $91,530 on Feb. 2, its computational muscle flexed to an unprecedented apex. Bitcoin’s Hashrate Taps an All-Time High Data from hashrateindex.com reveals bitcoin’s hashrate soared to a historic zenith of 840 exahash per second (EH/s), maintaining a formidable 837.25 EH/s as of noon ET on … Read more
Cardano founder Charles Hoskinson bashes crypto media for reliance on artificial intelligence, low-quality content, and lack of fact-checking. The Cardano community is no stranger to memecoins, especially those inspired by the network’s founder Charles Hoskinson. However, a recent memecoin has sparked confusion that has further been complicated by erroneous reporting. A Tale of Two Charles’ … Read more
Crypto investors are always seeking to grow their wealth in the market. While stability and utility are important factors, the heart of the matter lies in spotting opportunities to multiply their portfolio. And the market always presents opportunities. Stellar (XLM), TonCoin (TON), and 1Fuel (OFT) are three of the top tokens dominating discussions this month. … Read more
Since its initial $250-million Bitcoin acquisition in August 2020, MicroStrategy has bought 471,107 BTC as of February for roughly $30 billion.
In a significant development, former President Donald Trump has announced a temporary halt to the **planned tariffs** on imports from Mexico, as reported on February 3rd. This agreement, reached directly with the **Mexican President**, marks a noteworthy shift in trade relations between the two nations. Such a **suspension of tariffs**, albeit for one month, reflects … Read more
Sam Bankman Fried (SBF), the founder of FTX, was sentenced to 25 years in prison for fraud. His parents have been exploring the possibility of securing a pardon for their son from the US President Donald Trump. According to reports, they met with lawyers and individuals during Trump’s admission to discuss clemency. Trump has granted … Read more
The cryptocurrency market has experienced a dramatic downturn, with significant losses across major digital assets. Bitcoin (BTC) has fallen below $95,000, Ethereum (ETH) has plummeted to $2,600, and altcoins like XRP, Solana (SOL), and Dogecoin (DOGE) have suffered double-digit declines. This crash, driven by geopolitical tensions and new US trade tariffs under President Donald Trump, has … Read more
Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs after amassing considerable liabilities. … Read more
This election cycle saw a sharp increase in political spending from cryptocurrency companies, positioning the industry to influence U.S. politics. Already several states have begun exploring the creation of strategic Bitcoin reserves. As Bitcoin becomes more institutionalized, its adoption by state treasuries is seen as a victory for the crypto sector. However, this trend raises … Read more