Tag: Crypto

Bitcoin Drops 8% to $93K as Asia Awakens to Trump’s Trade War

Major cryptocurrency including bitcoin (BTC), ether (ETH), Solana’s SOL, and XRP were all significantly down as Asia began its trading week. By mid-morning Hong Kong time, BTC was down 8%, trading above $93,100, according to CoinDesk Indices data. Meanwhile, ether (ETH) is down nearly 20%, trading at $2,500, while...
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Elon Musk Says Treasury Officials ‘Breaking The Law Every Hour’ By Approving Fraudulent Payments — DOGE Lead Wants A Blockchain Fix

Elon Musk, the lead of the Department of Government Efficiency, backed the idea of using blockchain technology on Sunday to streamline the U.S. Treasury. What happened: The Tesla and SpaceX CEO accused the Treasury Department officials of flouting rules to sanction government payments. “Career Treasury officials are breaking the...
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HIVE Digital Buys Bitfarms’ Paraguay BTC Mine for $56M

HIVE Digital has finalized the acquisition of Bitfarms’ partially completed 200-megawatt Bitcoin mining facility in Yguazú, Paraguay, for $56 million. The deal includes an upfront payment of $25 million due at closing in the first quarter of 2025, with the remaining $31 million to be paid in six equal...
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Forbes Ranks CME Group, Coinbase, and Bitstamp as Top Crypto Exchanges of 2024

Forbes has released its third annual “Best Crypto Exchange” ranking, evaluating over 200 firms based on security, trading volume, fees, regulatory compliance, and transparency. CME Group, Coinbase, and Bitstamp emerged as the top three most trustworthy crypto exchanges. The Top 5 Exchanges Chicago-based CME Group, an $85 billion firm...
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