Category: Tech News

Bitcoin Mining Costs Expose Deep Divides as Price Trades Below $82K

2025-03-11 By admin

As bitcoin trades at $81,626—just shy of the $82,000 mark—disparities in mining costs among leading public firms expose striking operational differences, with some companies extracting bitcoin at a fraction of the network’s estimated average. Mining Bitcoin for Profit? It Depends on Who’s Paying the Power Bill On March 11, 2025, bitcoin’s spot price settled at […]

Sentiment Shock: Investor Fear Erases $5.5 Trillion as Stock and Crypto Markets Collapse

2025-03-11 By admin

According to analysis by The Kobeissi Letter, a rapid shift from extreme greed to extreme fear among investors—not the U.S.-China trade war—has driven a historic $5.5 trillion collapse in global markets since mid-February. Risk Aversion, Not Tariffs, Drives Historic $5.5 Trillion Market Crash The S&P 500 and cryptocurrency markets have collectively lost $5.5 trillion in […]

Trump Admits Economic Hurdles, Short-Term Pain in Sight

2025-03-11 By admin

President Donald Trump has acknowledged that the U.S. is experiencing a shift from a high-spending period to a more nuanced approach, which might result in an economic slowdown. Trump Recognizes Economic Slowdown as Part of U.S. Transition Period The U.S. economy might be experiencing a slowdown as a result of the measures currently implemented by […]

Fold Adds 475 Bitcoin, Joins Top 10 U.S. Public Companies by BTC Holdings

2025-03-11 By admin

Bitcoin financial services firm Fold Holdings has added 475 BTC to its treasury, bringing total holdings to over 1,485 BTC. This move solidifies its position among the top 10 U.S. public companies with the largest bitcoin reserves. Fold Expands Bitcoin Treasury to 1,485 BTC Fold Holdings, the first publicly traded bitcoin-native financial services company, has […]

Tether’s USDT Gains Regulatory Greenlight From Thailand’s SEC

2025-03-11 By admin

Thailand’s Securities and Exchange Commission has officially approved Tether’s USDT as a recognized cryptocurrency, allowing its trading and potential use in payments, marking a significant step forward for stablecoin adoption in Asia. Thailand Approves Tether’s USDT, Paving Way for Stablecoin Payments Tether’s USDT, the world’s largest stablecoin by market cap, has been officially approved by […]

Regulatory Hurdles Fail to Deter Binance’s Popularity in Nigeria

2025-03-11 By admin

Binance has been identified as the top cryptocurrency exchange for Nigerians due to its strong peer-to-peer (P2P) marketplace, which facilitates trading using local payment methods. Binance Stands out Despite Ongoing Dispute With Nigerian Officials Binance has been ranked the number one cryptocurrency exchange for Nigerians primarily because of its robust peer-to-peer (P2P) marketplace, which allows […]