The U.S. risks losing its global financial dominance to Bitcoin if the country’s deficits keep growing, BlackRock CEO Larry Fink warned in his annual letter. BlackRock CEO Larry Fink warns the U.S. dollar’s dominance isn’t guaranteed as soaring debt could push investors toward “digital assets like Bitcoin (BTC),” Fink wrote in his annual letter on…
Bitcoin is likely to fall below $80,000 this week, according to digital assets research firm 10x Research. In a recent market update on X, the firm cited growing uncertainty over U.S. tariffs and rising inflation as key risk factors weighing on Bitcoin (BTC) and broader financial markets. The report highlights hotter-than-expected U.S. core Personal Consumption…
GameStop announced plans last week to buy Bitcoin because it is a “very profitable investment,” according to Ari10 CEO. GameStop’s board of directors unanimously approved last week to use both corporate cash and future capital raises to purchase crypto assets, notably Bitcoin (BTC). The short-term result? A 22% plunge in GameStop’s share price, its worst…
As Bitcoin flirts with near-term lows under $80,000, Fundstrat co-founder and managing partner Tom Lee believes the digital asset is setting up for a strong second half of the year. In an interview with CNBC, Lee said that despite recent price weakness, current conditions offer a good entry point for long-term investors. “I think so,”…
Elon Musk’s SpaceX will send a four-person crew on a polar orbit mission, funded by the founder of the Bitcoin mining pool F2Pool, Chun Wang. A crew of four is preparing for an unusual journey into space, one that no human has attempted before: flying directly over the Earth’s North and South Poles. The mission,…
Bitcoin exchanges supply has dropped to its lowest in 8 years, sparking hopes of a price recovery towards a new BTC all-time high. According to a Mar. 27 post on X by blockchain analytics firm Santiment, Bitcoin’s (BTC) supply on exchanges has dropped to 7.53%, its lowest level since 2018. This implies that more investors…
What happens when a rural African community generates more electricity than it can use? Could Bitcoin mining turn unused hydropower into a lifeline for local economic revival? Zengamina’s dimming vision finds a spark In the remote Ikelenge district of northwestern Zambia, a small hydroelectric plant has quietly been producing more electricity than its surrounding villages…
Bitcoin and most altcoins have bounced back slightly this week, with total crypto market capitalization approaching the $3 trillion mark. Bitcoin (BTC) remained stuck above $86,000, while meme coins like Pepe (PEPE), Shiba Inu (SHIB), and Floki (FLOKI) soared by double digits this week. Mark Zandi, one of the top economists in the U.S. and…
GameStop’s stock experienced a stock decline of over 25% intraday on Thursday. This slump followed the announcement of a strategic pivot involving the issuance of $1.3 billion in convertible bonds to finance the acquisition of Bitcoin (BTC). The video game retailer plans to offer these 0% convertible senior notes, maturing in 2030, in a private…
As the risk of tariff-related uncertainty persists into the second quarter, the crypto market could face another dip following the recent correction in March, analysts at Nansen say. As the industry heads into April, Bitcoin (BTC) and the wider crypto market could be staring down another dip as uncertainty surrounding tariffs and U.S. trade policy…
