As Bitcoin’s hashrate hits an all-time high, U.S. miners grapple with shrinking profits on top of rising equipment costs due to Trump’s tariffs. Bitcoin (BTC) mining hashrate—the measure of computational power used to mine and process transactions on the network—has surpassed 1 Zetahash per second (ZH/s), marking a 1000X increase since January 2016. This milestone…
United States federal agencies are preparing to disclose their crypto holdings to the Treasury in accordance with a presidential executive order signed earlier this month. Unnamed sources within the White House say the reports are due by Monday, according to Fox journalist Eleanor Terrett. She noted that while agencies must share their holdings with Treasury…
Spot Bitcoin exchange-traded funds in the U.S. recorded a negative week once again amid escalating trade tensions following President Donald Trump’s announcement of new tariffs, dubbed ‘Liberation Day’ duties. According to data from SoSoValue, the 12 spot Bitcoin ETFs reported $172.89 million in net outflows over the past week, snapping a two-week inflow streak that…
Bitcoin has fallen as much as 12% in the past day, falling below the $75,000 threshold amid Asian and European markets plunge in the aftermath of Trump’s tariff announcement. According to data from crypto.news, BTC (BTC) has fallen as low as $74,604 in the past 24 hours. The largest cryptocurrency by market cap has seen…
Hong Kong financial authorities have officially allowed crypto firms to provide staking services for customers. However, they must abide by guidelines meant to protect users from associated risks. According to a notice published by the Securities and Futures Commission on April 7, crypto firms operating in the region that hold a virtual asset trading platforms…
Tether’s chief executive Paolo Ardoino says the stablecoin issuer is in talks with US officials and may even launch a dollar-pegged token tailored for the domestic market only. Tether (USDT) CEO Paolo Ardoino says the company may consider launching a stablecoin specifically for the U.S. if new rules make the market more competitive. Speaking to…
Bitcoin could remain in a bear market for at least six months, according to CryptoQuant CEO Ki Young Ju, as on-chain data shows a lack of price movement despite rising capital inflows. Bitcoin (BTC) has had a rough start in April, falling to a three-week low of $77,077. In an Apr. 5 post on X,…
Solana memecoin platform Pump.fun has revived its live streaming feature, five months after pulling the plug over disturbing misuse. According to the platform’s co-founder Alon Cohen, the feature has returned with stronger moderation tools and “transparent guidelines” in place. For now, it’s only available to 5% of users as part of a limited rollout to…
Vaulta, formerly EOS Network, is joining forces with VirgoCX to launch a new stablecoin-powered cross-border payments network as the first major deployment of its Web3 Banking OS. Vaulta, the blockchain ecosystem that recently rebranded from EOS Network, has entered a strategic partnership with Canadian crypto exchange VirgoCX to launch a new stablecoin-powered remittance network called…
Bitcoin fell sharply on April 7, dropping nearly 7% to a three-week low of $77,077. The decline occurred days after U.S. President Donald Trump announced massive new import tariffs, which sparked concerns about a new trade war and a slowdown in the world economy. The crypto market initially showed some resilience last week, with traders…
