Key Points: IMF demands clarity on Pakistan’s 2,000 MW electricity Bitcoin mining plan, including legal and fiscal implications. IMF not consulted prior to the mining announcement. Pakistan’s energy shortages heighten concerns on resource allocation. Pakistan’s announcement of allocating 2,000 megawatts of electricity for Bitcoin mining spurred IMF inquiries regarding legalities and potential impacts, against a … Read more
Michael Saylor’s Strategy has seen its stock rise by 2,930% since it began accumulating Bitcoin in 2020. The explosive performance was highlighted in a tweet by Sentora (formerly known as IntoTheBlock), adding that MSTR has outperformed Bitcoin by 63% over the past three months alone. Strategy’s stock (MSTR) is up roughly 2,930% since it started … Read more
Legal actions against the Libra meme coin, which was shared by Argentina’s President Javier Milei, continue to progress. This week, Circle froze two addresses containing over $57 million in funds, while authorities investigate the involvement of individuals allegedly linked to the meme coin. Libra Probes Advance: Circle Freezes $57 Million, Argentina Scrutinizes Communications The investigations … Read more
Key points: Bitcoin RSI data forms a bearish divergence, getting traders in position for lower levels next. The May monthly candle close seals 11% gains, but the weekly close is the event on the radar for market participants. Areas of interest include $97,000 as well as the psychologically significant $100,000 mark. Bitcoin (BTC) sought to … Read more
Key Points: The launch includes a 1.49 million TAIKO prize pool. Taiko is an Ethereum-equivalent ZK-Rollup project. Potentially increased liquidity and competitive trading on Binance’s platform. Binance, through its Alpha program, has introduced Taiko, a new Ethereum-equivalent ZK-Rollup project. This launch includes a significant airdrop and trading competition. The Taiko launch could drive early trading … Read more
It’s officially Nintendo Switch 2 month, and the hype is real. Over 20 games are set to drop at launch, from shiny “Switch 2 Editions” of existing games to brand-new titles built for the upgraded hardware. But let’s be honest—we’ve got our eyes locked on Mario Kart World, the ambitious open-world reimagining of Nintendo’s iconic … Read more
As crypto markets experience a sharp downturn—Bitcoin falling over 3% to around $103K and Ethereum briefly dipping below $2,500—many investors are asking whether the bull run is over or if an altcoin season is still on the horizon. While the broader market faces uncertainty, one new Solana-based ICO is drawing attention for its explosive potential: … Read more
One of crypto’s infamous high-stakes traders forfeited more than $100 million on the decentralized exchange (DEX) Hyperliquid. The pressing question now is: Was this catastrophic unraveling of leverage quietly orchestrated by the tactic known as liquidation hunting or simply bad luck? Crypto Perp Traders Beware: The Mechanics of Liquidation Hunting When Hyperliquid trader James Wynn … Read more
In the current market, a lot of traders are watching the movement of the price of Ethereum and the Cardano price. Even well-known analysts like Crypto GEMs and Sssebi have made some bold price predictions, claiming these top altcoins could skyrocket soon. Meanwhile, the smart money is glued to Unilabs (UNIL) instead. This phase two presale … Read more
Opinion by: Paige Xu, chief operating officer of OpenMind We all love an Uber Eats moment. You tap your phone, and a burrito is en route. But what if, this time, no human driver is weaving through traffic to deliver it? Instead, a sidewalk robot hums along the pavement, guided by sensors and AI, or … Read more