Andrew Keys, the co-founder of the new Ethereum investment firm The Ether Machine, argues investors would have made much more money investing in Ether than Bitcoin a decade ago. “The price of Ether per Bitcoin over the past decade has materially improved. Over the last decade, since Ethereum started, you would be 50x wealthier [had…
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Seven crypto ATMs were seized and two people were arrested in southwest London on Thursday on suspicion of money laundering and operating an illegal cryptocurrency exchange. The operation was led by the UK Financial Conduct Authority (FCA) and the Metropolitan Police, according to a statement by the financial watchdog. Since January 2021, any crypto business…
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A federal judge overseeing Tornado Cash co-founder and developer Roman Storm’s criminal trial will allow jurors to hear testimony claiming he could have modified the platform “to deter criminals from using it.” In a Sunday order, Judge Katherine Failla denied a defense motion requesting to preclude testimony from a government witness over modifications Storm allegedly…
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Hive Digital Technologies (HIVE) is continuing its transformation from a pure-play crypto miner to a high-performance computing (HPC) services provider. What began with a fleet of 400 GPUs managed by two employees is now scaling toward a $100 million annual revenue. The company is leveraging advanced AI chips, including Nvidia’s H100s and the forthcoming Blackwell…
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Tether, issuer of the world’s largest stablecoin, said on Sunday it had frozen $85,877 in USDt (USDT) tied to stolen funds, acting in “collaboration with law enforcement.” The move has reignited debate over the role of centralized stablecoin issuers in enforcing crypto compliance. The freeze, while relatively minor compared to other such actions by Tether,…
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Trump Media and Technology Group, the company that owns US President Donald Trump’s Truth Social platform, said it held about $2 billion in “Bitcoin and Bitcoin-related securities” just a few days after significant cryptocurrency bills pushed by Trump advanced in Congress. In a Monday notice, Trump Media said it had acquired Bitcoin (BTC) as part…
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Key points: Bitcoin is still failing to rechallenge recent all-time highs, leading to doubts over future BTC price strength. A deeper rebound could rescue the situation, says analysis, as altcoins steal the limelight. XRP now has a larger market cap than McDonald’s. Bitcoin (BTC) stayed locked below $120,000 at Monday’s Wall Street open as bull…
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210k Capital, a hedge fund founded by entrepreneur David Bailey, has reportedly posted massive gains from its digital asset holdings after helping persuade US President Donald Trump to adopt a pro-crypto policy stance, highlighting the potential impact of favorable regulation on the digital asset sector. The fund delivered a net return of 640% in the…
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Opinion by: Michael Rovner When US President Donald Trump called for America to become “the crypto capital of the planet,” he acknowledged a growing sentiment among his supporters. Crypto is no longer simply an asset class or subculture to this group; it’s a parallel financial system being shaped by tech-savvy conservatives for political and economic…
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Why Bitcoiners turned to AI The 2024 Bitcoin halving reduced block rewards to 3.125 BTC, cutting miners’ income in half. This change, combined with higher electricity costs, expensive equipment maintenance and increased competition, made traditional mining less profitable. Many mining companies struggled to maintain their profit margins and began exploring other revenue sources. Although Bitcoin…
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