Crypto News

While bitcoin’s value slid beneath the $100,000 threshold, bottoming at $91,530 on Feb. 2, its computational muscle flexed to an unprecedented apex. Bitcoin’s Hashrate Taps an All-Time High Data from hashrateindex.com reveals bitcoin’s hashrate soared to a historic zenith of 840 exahash per second (EH/s), maintaining a formidable 837.25 EH/s as of noon ET onSource link

Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs after amassing considerable liabilities.Source link

Over the past few years, Wyoming, a landlocked state in the U.S. Mountain West, has embarked on a journey to become a blockchain pioneer.With a bold vision of creating an attractive cryptocurrency and blockchain ecosystem, the state's crypto-friendly laws have positioned Wyoming as the most welcoming state in the U.S. for blockchain companies and innovators. With the pro-crypto stance of the Trump administration, the state has solidified its status as a model for how jurisdictions can build their economies.Wyoming's aim to be a beacon of crypto innovation is one reason I chose to make it my home. My family lives in Gillette, and Wyoming has become the center of my work life. I love this place, from my thriving bison...

After spending $20 billion on BTC over 12 weeks, and the software company has halted its Bitcoin purchases.Source link

White House cryptocurrency director David Sacks will hold a press conference on Tuesday, Feb. 4, at 2:30 p.m. ET to discuss the U.S. digital asset strategy. White House to Outline U.S. Digital Asset Strategy in Press Conference Reports and a recently published memo state that David Sacks, who serves as President Donald Trump’s artificial intelligenceSource link