Crypto News

Bitcoin miners face the tightest margins since 2023, warns theminermag.com’s Head of Research Wolfie Zhao, as hashprice flirts with critical break‑even territory. Trump Tariffs Add Jitters to Miners Already Hit by Rising Difficulty, Study Finds According to theminermag.com data compiled by Wolfie Zhao, hashprice temporarily fell below $40 per petahash per second in early April,Source link

Nasdaq-listed Upexi has raised $100 million in fresh funding, with most of it slated to go towards establishing a Solana treasury reserve.Source link

On Monday, the cryptocurrency market experienced a notable uptick as bitcoin reached an intraday high of $88,527, reflecting renewed interest. While bitcoin recorded a decent 2.61% gain by evening, several alternative digital assets outperformed, securing more substantial increases. Among them, convex finance token (CVX) stood out, climbing 21.04% within a 24-hour period. Trump Policy TriggersSource link

The week has begun on an interesting note, with the U.S. dollar crashing to three-year lows alongside losses on Wall Street, yet bitcoin, which usually follows the sentiment on Wall Street, stands tall.This could just be the beginning. The shift away from the USD and toward seizure and censorship-resistant assets like BTC and stablecoins could accelerate if President Donald Trump follows through with his reported plans to fire Federal Reserve Chairman Jerome Powell, which have pushed the DXY and U.S. stock markets lower today.That's the lesson from Turkey, which has seen its currency, the lira (TRY), collapse over the years mainly due to President Recep Tayyip Erdogan's repeated interference in the central bank's operations. The sliding lira has triggered a...

The Japanese investment company owns 4,855 digital coins.Source link