US President Donald Trump’s trade war with China and efforts to ramp up on-shore Bitcoin mining will be a boon for US mining rig manufacturers, which currently only hold a small sliver of market share compared to their major Chinese counterparts. The United States accounts for over 40% of the Bitcoin network’s global hashrate but…
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TRUMP token rallies after President Trump says it’s “SO COOL” The Official Trump (TRUMP) memecoin linked to US President Donald Trump soared over 12% to $12.25 in 40 minutes on March 23, after the president called it “The greatest of them all” on social media. “I LOVE $TRUMP — SO COOL!!! The Greatest of them…
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Bitcoin may have bottomed and could rebound toward $90,000 after US President Donald Trump signaled a willingness to ease tariffs and the Federal Reserve resisted short-term pressure last week, according to a crypto analyst. “Bitcoin is attempting to form a bottom, supported by Trump’s recent shift toward ‘flexibility’ on the upcoming April 2 reciprocal tariffs,…
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Bitcoin-stacking firm Metaplanet has appointed US President Donald Trump’s son, Eric Trump, to its newly established Strategic Board of Advisors to further Metaplanet’s mission to become a “global leader in the Bitcoin economy.” ”His business acumen, love of the Bitcoin community and global hospitality perspective will be invaluable in accelerating Metaplanet’s vision of becoming one…
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BlackRock’s head of digital assets, Robbie Mitchnick, says that Bitcoin will most likely thrive in a recessionary macro environment, contrary to what some analysts may think. “I don’t know if we’ll have a recession or not, but a recession would be a big catalyst for Bitcoin,” Mitchnick said in a March 19 interview with Yahoo…
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The Libra token scandal is set to be reviewed by the Supreme Court of New York after a newly filed class-action lawsuit accused its creators of misleading investors and siphoning over $100 million from one-sided liquidity pools. Burwick Law filed the suit on behalf of its clients against Kelsier Ventures, KIP Protocol and Meteora on…
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Paul Atkins could move one step closer to becoming the US Securities and Exchange Commission’s new crypto-friendly chair, with a Senate committee hearing reportedly in the works for March 27. President Donald Trump nominated Atkins to lead the SEC on Dec. 4, but his marriage into a billionaire family has reportedly caused headaches with financial…
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A UK man’s bid to obtain a permit to search a landfill for his hard drive — holding private keys to 8,000 Bitcoin — has been rejected by the UK Court of Appeals. “Appeal request to the Royal Court of Appeal: refused,” Howells said in a March 14 X post. “The Great British Injustice System…
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The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American citizens from engaging in crypto-mining activities, among other things. The complaint was made against Arkansas Attorney General Tim Griffin and the director of the Arkansas Oil and Gas Commission, Lawrence Bengal, on…
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A Democrat lawmaker has called on the US Treasury to “cease all attempts” to create a strategic crypto reserve in the United States, citing conflicts of interest with US President Donald Trump and arguing that a stockpile would not benefit the American people. House Representative Gerald E. Connolly of Michigan criticized the “cryptocurrency reserve” in…
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