Crypto News
Economics Professor Roubini Warns: China’s Pride Poses Major Challenge for Trump’s Tariff Strategy
Economist Nouriel Roubini argues that China’s national pride makes it unlikely to yield to U.S. tariff pressure. No Respite for China Nouriel Roubini, an economics professor at New York University, warned the U.S. government that China is unlikely to yield to the Trump administration’s demands after being slapped with a 10% tariff hike. In aSource link
Strategy (MicroStrategy) Reports Q4 GAAP Loss of $3.03 Per Share, BTC Holdings of 471,107 Tokens
Strategy (MSTR) reported a fourth-quarter net loss of $3.03 per share, compared to income of $0.50 per share a year earlier.The loss incurred as the company took an impairment charge on its 471,107 token bitcoin (BTC) holdings.It's been an extremely eventful week for Strategy prior to the earnings, including an upsizing in the company's preferred stock offering and a name change just hours ago.The firm recently ended a long string of bitcoin purchases and currently holds 471,107 tokens worth roughly $45 billion.The Financial Stability Accounting Board (FASB) last year implemented a new fair value accounting rule for corporates holding digital assets. Use of the rule was voluntary through the end of 2024, but will be required beginning in the first...
Bitcoin’s Hashrate Holds Steady Near Record Highs as Network Prepares for Difficulty Adjustment
Bitcoin’s computational prowess currently hums at 825.85 exahash per second (EH/s), a gentle dip from its zenith of 844 EH/s recorded on Feb. 4, 2025. The network’s transaction queue, known as the mempool, continues to reflect minimal activity, while newly minted blocks materialize slightly quicker than the protocol’s 10-minute target. Foundry Leads Mining Race: FourSource link
How Trump’s Trade War Is Affecting Bitcoin and Gold
Gold and Bitcoin have previously moved together as "safe haven" assets. But that isn't the case with President Donald Trump back in action.Source link
XRP Price Falls Following Ledger Downtime as Open Interest Hits Monthly Low
The Ripple-linked XRP is the biggest loser in the top 10 coins by market cap Wednesday following XRP Ledger technical issues.Source link