Bitcoin has taken a nosedive recently, dropping below $100, 000 and sparking a frenzy of panic selling. Critics like Peter Schiff are quick to point out that Bitcoin has lost a third of its value when measured in gold and are predicting that all of Bitcoin's 2025 gains will be wiped out. They blame big players, lack of interest from regular investors, and slowing ETF...
North Korea has a sneaky way of making money. They use hackers and IT workers to steal and launder cash. This cash funds their weapons programs. The U. S. Treasury Department recently put sanctions on 10 North Korean individuals and entities involved in these shady deals. These hackers and IT workers are part of a bigger problem. They help North Korea avoid sanction...
Dogecoin has taken a hit, dropping by 5% and landing at $0. 16. This isn't just a small dip; it's a sign of bigger troubles. The coin has been struggling to hold onto its value, and the recent sell-off shows that big players are pulling out. This isn't just about small investors; it's about institutions moving large amounts of Dogecoin, which is pushing the price dow...
In a big move, MARA Holdings and MPLX LP are teaming up to build power plants and data centers in West Texas. This isn't just any project; it's a plan to use natural gas from MPLX's plants to fuel MARA's power facilities. The goal? To start with 400 MW of electricity and maybe even grow to 1. 5 GW. This power will support MARA's data centers and also help MPLX's oper...
Bitcoin's value has been on a wild ride lately. It's been dropping fast. Right now, it's below $104, 000. This has got people talking and making big bets on where it's headed next. Over on Polymarket, a platform for crypto bets, things are looking pretty gloomy. Traders there think there's a 71% chance Bitcoin will drop below $100, 000 this month. That's a big jump ...
Coinbase, a major player in the crypto world, is looking to spend big on a startup called BVNK. This move is part of Coinbase's plan to get more into stablecoins, which are cryptocurrencies tied to stable assets like the dollar. The deal could be worth around $2 billion and might wrap up by early 2026. Stablecoins are becoming a big deal for Coinbase. Right now, the...
A new player in the energy game is eyeing North Carolina for a big project. Deep River Data, a company with ties to the crypto world, wants to drill for natural gas near the Deep River in Lee County. This could be the first commercial well in the Triassic Basin, a gas-rich area under North Carolina and other Eastern states. The gas isn't for crypto mining, though. T...
Qualigen Therapeutics, a biotech company, made a surprising move. They teamed up with BitGo, a crypto firm, to manage their digital assets. This news sent their stock soaring over 60% after hours. So, why is a biotech company getting into crypto? Well, they want to diversify their investments. They plan to put money into the top 10 cryptocurrencies. BitGo will handl...
Stablecoins, digital money tied to the dollar's value, are becoming a hit for everyday spending. This surge in use is partly thanks to new rules set by the U. S. government in July. These rules were the first of their kind, aiming to bring some order to this part of the cryptocurrency world. In August alone, over $10 billion worth of stablecoins were used for buying...
SpaceX, the company known for pushing boundaries in space, just made a splash in the world of digital money. They shifted over $133 million in Bitcoin, and people are talking about it. This isn't just any old transfer. It's a big deal because SpaceX is one of the few companies that holds a lot of Bitcoin. First, let's talk numbers. SpaceX moved around 1, 215 Bitcoin...