The U.S. is likely to hit the maximum it’s legally allowed to borrow at some point between Jan. 14 and Jan. 23, Treasury Secretary Janet Yellen said in a Friday letter to the speaker of the House of Representatives, Mike…
Hive Digital Technologies, a blockchain infrastructure firm, has announced the deployment of advanced Nvidia GPUs in Quebec, marking a significant shift toward high-performance computing (HPC) and artificial intelligence (AI). This week company noted that it has invested $30 million in…
Defunct crypto lender Celsius on Tuesday filed a notice of appeal challenging a judge’s order that denied its claims for damages from FTX, as part of its ongoing bankruptcy proceedings. Since early 2024, the lender has sought to recover $2b…
Donald Trump’s “Made in USA” Bitcoin pledge is hitting the hard wall of blockchain reality. Back in June, the ‘crypto president’ posted on Truth Social that he wanted all remaining Bitcoin to be mined in the United States. The announcement…
The Dogecoin (DOGE) price is starting out the year on the front foot after breaking to the north of a short-term symmetrical triangle pattern, X user Trader Tardigrade said in a recent post. #Dogecoin is breaking out of a Symmetrical…
Ethiopia has leveraged its enormous hydroelectric power, particularly from the Grand Ethiopian Renaissance Dam (GERD), for Bitcoin mining. Now with 18% of Ethiopian Electric Power’s (EEP) income coming from Bitcoin mining, the nation has turned its idle energy into a…
It’s been a quiet start to the year in crypto markets, with the Ethereum (ETH) price moving sideways in the $3,300s now for around one week. But volatility is coming, and is likely to hit very soon. Chart analysis suggests…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Merry Christmas and Happy Hanukkah to those who celebrate. Kwanzaa kicks off tomorrow too. While Santa’s elves worked hard in the holiday lead-up, bitcoin miners were…
The Floki DAO unanimously approved a liquidity allocation on December 27, 2024, to facilitate the creation of a Floki Exchange-Traded Product (ETP) on the SIX Swiss Exchange, strengthening its efforts to integrate with traditional finance. This approval enables Floki to…
Public mining companies have posted deep losses in 2024, based on data from Hashrate Index, tracking the biggest miners and data center operators. Despite the new all-time highs for Bitcoin (BTC), the shares of most mining entities are on track…