Day: November 8, 2024

Why Trump’s Tariff Plan Goes Against the Free Market Ethos

2024-11-08 By admin

As Donald Trump eyes a dramatic economic overhaul, his proposed tariff regime stands at odds with the core tenets of free-market economics. Cutting Income Tax is Good, But Tariffs? Libertarians Disagree Donald Trump’s return to the presidency brings a bold agenda: funding government through tariffs and cutting excessive spending, and perhaps even hold bitcoin as […]

Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals

2024-11-08 By admin

Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses Modest Bitcoin Output Gains Vancouver-based Hive Digital (Nasdaq: HIVE) reported incremental growth in its bitcoin production for October, maintaining consistent operational metrics while advancing its mining infrastructure. The publicly listed mining firm, which […]

Jack Dorsey’s Block Bets Big on Bitcoin Mining 

2024-11-08 By admin

Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New Investment Focus on Bitcoin Mining Infrastructure In a letter to shareholders, Block identifies bitcoin mining as a key growth path, driven […]

Zimbabwe Imposes $50-$2,500 Licensing Fee on Whatsapp Admins to Curb Misinformation

2024-11-08 By admin

Zimbabwe’s government has introduced a licensing requirement for Whatsapp group administrators to curb misinformation and enhance accountability on social media platforms. The licensing fee ranges from $50 to $2,500, depending on the type of Whatsapp group. Administrators must provide personal information to obtain a license from the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ). […]

TRON’s Memecoin Boom: SunPump, $SUNDOG, and Nexmate.AI Drive Ecosystem Growth

2024-11-08 By admin

As the memecoin landscape continues to evolve, SunPump has become a crucial platform within the TRON ecosystem, driving engagement and supporting innovative projects. As TRON’s premier memecoin launchpad, SunPump provides creators with a comprehensive environment to launch and grow their memecoins. Through fostering a vibrant community and attracting high-value projects, SunPump has played a major […]

Record-Breaking Day for Bitcoin ETFs With $1.38 Billion Inflows

2024-11-08 By admin

U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far. According to data from Sosovalue, 8 of the 12 listed bitcoin ETFs saw inflows with Blackrock‘s […]

Ethereum Foundation: ETH Holdings in Treasury Represent 0.26% of Total Supply

2024-11-08 By admin

The Ethereum Foundation has released a report detailing its $970.2 million treasury, primarily held in ether. The report outlines the foundation’s strategy of selling ETH during bull markets to fund ecosystem projects during bear markets. Rationale Behind Ethereum Foundation’s ETH Sales The Ethereum Foundation (EF), the non-profit organization supporting the Ethereum ecosystem, has unveiled a […]