Opinion by: Raullen Chai, co-founder and CEO of IoTeX The United States and other superpowers are on the brink of a financial evolution. With President Donald Trump’s recent executive order establishing a Strategic Bitcoin Reserve (SBR) and a US Digital Asset Stockpile (DAS), the conversation around digital assets in government reserves is gaining momentum. Countries … Read more
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Wells Fargo customers may be eligible to be beneficiaries of a $185 million payout from the bank following a court’s approval of a massive class action settlement. A lawsuit initiated last year claims that during the Covid-19 era, Wells Fargo issued mortgage forbearances to its customers when they didn’t want them, causing unnecessary hardship while … Read more
Despite the broader crypto market’s upward movement, the NFT market is struggling, with sales volume dropping by 6.15% to $89.4 million. At press time, Bitcoin (BTC) is above the $94,000 level. Ethereum (ETH) is up 0.4% and just below the $1,800 level. The global crypto market cap is now $2.97 trillion, up from last week’s … Read more
Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations of the site and energy arrangements. Cleanspark’s Bitcoin Mining Facility Proposal Moves Forward in Mountain City The Mountain City Planning Board has expressed early favor toward a bitcoin mining data center proposed by … Read more
Crypto investor sentiment has seen a significant recovery from global tariff concerns, but analysts warn that the market’s structural weaknesses may still result in downside momentum during periods of weekend illiquidity. Risk appetite appeared to return among crypto investors this week after US President Donald Trump adopted a softer tone, saying that import tariffs on … Read more
Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations of the site and energy arrangements. Cleanspark’s Bitcoin Mining Facility Proposal Moves Forward in Mountain City The Mountain City Planning Board has expressed early favor toward a bitcoin mining data center proposed by … Read more
As the crypto market continues to evolve with new projects, a token stands out for its unique approach and promising prospects- the Pi Network. Reportedly, the Pi Coin is poised for a potential breakout driven by its several key advantages. This article delves into the top seven features of the Pi Network that drive the … Read more
A widely followed crypto analyst and trader is leaning bullish on a mid-cap Dogecoin (DOGE) and Shiba Inu (SHIB) competitor. Pseudonymous analyst Altcoin Sherpa tells his 244,900 followers on the social media platform X that Pepe (PEPE) memecoin is primed to go up by around 100% after undergoing consolidation and accumulation in a manner similar … Read more
China promised this week it will hit its 5% growth goal for 2025, even as trade tensions with the US keep getting worse. Finance Minister Lan Fo’an said in Washington that China would roll out “more proactive and effective macro policies” to reach its target and help stabilize the global economy, according to a statement … Read more