Bitcoin

A collection of 465 posts

Bitcoin

The Hidden Impacts of US and China Tariffs on the Bitcoin and Crypto Industry

The cryptocurrency world often feels untouchable, existing in a digital realm far removed from traditional economic pressures. Yet, the new US tariffs on Chinese goods could ripple through the Bitcoin and blockchain space in ways few really anticipate. While Bitcoin and other cryptocurrencies thrive as digital code on decentralized networks,

Bitcoin

How U.S. Tariffs and China’s Treasury Sales Are Fueling Bitcoin Reserve Talks

The U.S. and China are locked in an economic tug-of-war, with recent U.S. tariffs amplifying tensions and sparking ideas about America’s financial strategy. In April 2025, the U.S. imposed 125% tariffs on Chinese goods, prompting China to accelerate its sale of U.S. Treasuries, including $22.

Regulations

New York AG Raises Concerns Over Bitcoin and U.S. Dollar Stability

New York Attorney General Letitia James has stepped into the spotlight with a pressing message for Congress, calling for swift action to regulate the rapidly expanding world of Bitcoin and crypto. In a detailed letter to congressional leaders, James raised concerns about the potential risks digital assets, particularly Bitcoin, pose

Ross Ulbricht

Ross Ulbricht to Make First Public Appearance at Bitcoin 2025 in Las Vegas

Ross Ulbricht, the man behind the once notorious Silk Road marketplace, has revealed plans for his first public appearance since gaining freedom. He will take the stage at the Bitcoin conference in Las Vegas, set for May 27 through May 29, 2025, at the Venetian. Ulbricht shared his anticipation for

Bitcoin Mining

U.S. and Other Countries Can Step Up Bitcoin Mining ASIC Production Amid Trump Tariffs

The world of Bitcoin mining is facing a shakeup as most ASIC machines, the specialized hardware that power Bitcoin miners, come from China, where companies like Bitmain dominate the market. With the Trump administration pushing high tariffs on Chinese imports, the cost of bringing these machines into the U.S.

Markets

Bitcoin and Crypto Prices Fall as Tariff Changes Spark Market Uncertainty

The crypto market faced another wave of turbulence today, as Bitcoin and related stocks dropped sharply in response to shifting U.S. tariff policies. After a fleeting moment of optimism lifted Bitcoin by over 8% on Wednesday, the digital currency slipped about 4%, falling below the $80,000 mark once

Bitcoin

Trump Asks Supreme Court to Fire Fed Chair Powell: What It Means for Bitcoin

On April 10, 2025, a significant development unfolded as President Donald Trump requested the U.S. Supreme Court to grant him the authority to dismiss top officials at independent agencies, including Federal Reserve Chair Jerome Powell. This move, reported by Bloomberg, challenges a 90-year-old Supreme Court ruling that has long

Bitcoin Mining

Pakistan Plans to Use Excess Electricity for Bitcoin Mining and AI

Pakistan is taking a big step with new plans toward utilizing its excess electricity by channeling it into Bitcoin mining and artificial intelligence data centers, according to Bilal Bin Saqib, head of the Pakistan Crypto Council and adviser to the finance minister. Saqib revealed that discussions with multiple Bitcoin mining

Markets

Bitcoin and Stocks Soar as Trump Announces 90-Day Tariff Pause Excluding China

Bitcoin and stock markets are experiencing a significant upswing following a major trade policy update from President Donald Trump. On Wednesday, the president revealed plans to suspend most trade tariffs for 90 days, a decision that has sparked immediate gains across financial sectors. While the pause applies to many countries,

Markets

Bitcoin Falls to $77,000 as US Sets 104% Tariffs on China, Shaking Crypto Markets

Bitcoin took a sharp dive down to $77,000 minutes ago, following an announcement from US President Donald Trump confirming a hefty 104% tariff on Chinese imports. The move, which ramps up an already tense trade tariff war, sent ripples through financial markets, undoing a brief wave of optimism that

Markets

Black Monday Crypto Markets Reel as Trade Tensions and Macro Pressures Drive Broad Sell-Off

Today in crypto, the market is grappling with a pronounced negative trend, as escalating U.S.-China trade tensions and macroeconomic uncertainties sent shockwaves through Bitcoin and altcoins. Bitcoin, often seen as a bellwether for the broader market, is showing resilience amidst a brutal sell-off but remains under threat of

Bitcoin

Saylor’s Strategy Faces $6 Billion in Unrealized Losses as Bitcoin Selloff Disrupts Buying Momentum

Strategy, the company formerly known as MicroStrategy, has reported nearly $6 billion in unrealized losses tied to its Bitcoin treasury for the first quarter of 2025. The disclosure, detailed in an 8-K filing with the U.S. Securities and Exchange Commission on April 7, comes as macroeconomic pressures have fueled

Markets

Bitcoin Price Opens at $74,422 on Black Monday as Global Markets Face Uncertainty

Bitcoin opened the trading day at $74,422, slipping below the $75,000 mark and reflecting a steep decline of over 7% in a single day. This downturn comes as financial markets worldwide grapple with heightened volatility, sparked by a combination of economic concerns and shifting policy signals from the

Bitcoin

Federal Agencies Face Bitcoin Holdings Deadline as Transparency Questions Grows

A significant deadline approaches for federal agencies tasked with reporting their Bitcoin and crypto holdings to Treasury Secretary Scott Bessent. According to a White House official, since the deadline date fell on a Saturday, the date was extended to Monday, April 7, following standard federal filing practices. This development has

Markets

Bitcoin Price Plunges to $78K as Markets Brace for Black Monday Fallout

The crypto market is facing a harsh reality today, as Bitcoin’s price cratered to $78,000, marking its lowest point since mid-March. This sharp drop, a nearly 6% decline in just 24 hours, has left investors rattled and sparked widespread speculation about what lies ahead. With Monday’s market

Bitcoin

Bitcoin Hashrate Soars to Record High While Price Holds Steady

In a significant development, Bitcoin's hashrate has reached an all-time high as of April 2025, signaling robust growth in the network's computational power. This milestone shows the increasing activity and security within the Bitcoin ecosystem. The hashrate, which measures the total computational power used to mine

Bitcoin

Aaron Day Undertakes 40-Day Fast to Support Roger Ver aka Bitcoin Jesus Amid Legal Battle

Aaron Day, a former presidential candidate and well known cryptocurrency advocate, is embarking on an ambitious 40-day fast to support Roger Ver, a prominent figure in the Bitcoin and crypto space widely known as "Bitcoin Jesus," whom he believes is facing political persecution by the U.S. Department

Markets

Institutions Bet Big on Bitcoin as Crypto Faces Global Economic Shakeup

This past week in crypto, the market showcased a blend of resilience and uncertainty as global economic policies and regulatory developments shaped its trajectory. Bitcoin emerged as a standout performer, increasingly viewed as a hedge against financial instability amid escalating trade tensions sparked by President Trump’s tariff announcements. Despite

Bitcoin

Mark Cuban Endorses Bitcoin as a Smarter Investment Amid Stock Buyback Concerns

Billionaire entrepreneur Mark Cuban made a comment suggesting that Bitcoin is a better investment than traditional stocks right now. Known for his business acumen and candid takes on financial markets, Cuban’s comments come at a time when economic uncertainty, driven by new tariff policies and corporate strategies, is shaking

Markets

Bitcoin Holds Steady as U.S. Equities Stumble Amid $5 Trillion Market Wipeout

The financial world has been rocked by a dramatic turn, with U.S. equities shedding a staggering $5.4 trillion in value over just two days following President Donald Trump’s unveiling of reciprocal tariffs, which he labeled as ‘Liberation Day’. As the S&P 500 plummeted to its

Satoshi Nakamoto

Why Satoshi Nakamoto Chose April 5 as His Symbolic Birthday

On April 5, 2025, the crypto community marked what would have been the 50th birthday of Satoshi Nakamoto, the enigmatic creator of Bitcoin. This date, listed on Nakamoto's P2P Foundation profile as April 5, 1975, holds a deeper significance that ties into Bitcoin's core principles. Many

Bitcoin

Why Bitcoin and Gold Are Gaining Traction Amid Global Economic Shifts

In a recent appearance on the Tucker Carlson show, Scott Bessent, the U.S. Secretary of the Treasury, shed light on the evolving roles of Bitcoin and gold as stores of value in today’s uncertain economic landscape. His discussion, rooted in an analysis of global market trends, pointed to

Bitcoin Mining

Chinese Firm Cango Sells Auto Division for $351.94 Million to Boost Bitcoin Mining

On April 3, 2025, Cango Inc., a Chinese company listed on the NYSE as CANG, revealed plans to sell its China based auto business for $351.94 million in cash. This deal, which kicks off with a $210.64 million payment at closing and follows with additional sums based on

Markets

China’s Retailatory Tariffs Rattle Global Markets as Bitcoin Slides to $82K

Global financial markets faced a jolt this week as China responded to escalating trade tensions with a hefty 34% tariff on U.S. goods, a move that sent ripples through Wall Street and the crypto space. Bitcoin, which had clawed its way above $84,000 just a day prior, felt

Gemini

Gemini Crypto Exchange Sets Sights on Miami with New Office Expansion

Gemini, the Bitcoin and crypto exchange founded by the billionaire Winklevoss twins, is making a bold move into South Florida, securing its first office space in the region. The New York-based firm has inked a lease for 8,840 square feet at 545 wyn, a modern office building nestled in