Russian President Vladimir Putin recently suggested that bitcoin could be a better alternative to foreign currency reserves, raising questions about their effectiveness amid heavy Western sanctions since the Ukraine war began in 2022. He criticized the freezing of about $300 billion in Russian reserves, claiming it harms the US dollar’s global standing. Putin emphasized that ...
President-elect Donald Trump has chosen former SEC Commissioner Paul Atkins to lead the Securities and Exchange Commission. Atkins, known for his support of cryptocurrencies, aims to reshape regulations for the industry, which has faced tough enforcement under the current SEC Chair, Gary Gensler. Trump highlighted Atkins as a proponent of sensible regulations that can foster ...
Looking to discover the next big cryptocurrency? Be cautious, as many scammers lurk in the space. It’s essential to do your research before investing. Start by reading a cryptocurrency’s white paper, which explains its purpose and mechanics. Look for coins that have shown strong price growth and functionality, as high-performance projects attract more interest. Keep ...
Federal Reserve Chair Jerome Powell recently discussed Bitcoin at the New York Times DealBook Summit, stating that he views it as a competitor to gold rather than the US dollar. He pointed out that while people invest in Bitcoin as a speculative asset, they don’t use it much for transactions or as a stable store ...
Jed McCaleb, known for his significant contributions to cryptocurrency, is now focusing on space exploration with his company, Vast Space. After founding notable ventures like Mt. Gox and Ripple, he has shifted his attention to developing artificial gravity habitats aimed at making long-term human habitation in space a reality. His first project, Haven-1, is set ...
Jed McCaleb, known for his early contributions to cryptocurrency, has shifted his focus to space through his company, Vast Space. After founding major platforms like Mt. Gox, Ripple, and Stellar, he now aims to develop innovative space habitats, including artificial gravity stations for long-term human habitation. Vast Space’s first project, Haven-1, is set to launch ...
Bitcoin has seen a remarkable surge of over 38% in the past month, which has greatly benefited cryptocurrency mining companies like Riot Platforms Inc and Marathon Digital Holdings Inc. Both companies have recently achieved a “Golden Cross,” a sign of bullish Market momentum. Riot’s stock has jumped 35%, and it trades above its key moving ...
Marathon Digital, a prominent U.S. Bitcoin mining company, is making strategic moves to enhance its operations and reduce costs. Recently, it acquired a wind farm in Texas, aiming to use sustainable energy for mining, which reflects a growing trend in the industry. Additionally, Marathon has been aggressively buying Bitcoin, purchasing around 6,484 coins in just ...
Bitcoin is currently the star of the crypto world, having surged nearly 40% after the U.S. presidential election and up 128% this year, nearing the $100,000 mark. However, Bittensor, an artificial intelligence cryptocurrency known as TAO, is also gaining attention. It has risen 30% in the last month and an impressive 137% this year. Bittensor ...
KULR Technology Group has decided to make bitcoin a key part of its financial strategy by including it as a primary asset in its treasury program. With over $12 million in cash reserves, the company plans to invest up to 90% of its surplus cash into bitcoin, depending on Market conditions. CEO Michael Mo highlights ...
