Tag: Bitcoin mining

Can Bitcoin survive without the internet? Everything You Should Know

Imagine a world without the internet: no emails, no apps, no digital payments. For Bitcoin, this scenario poses a critical question. Could the cryptocurrency endure if the web vanished? Experts suggest its survival hinges on decentralised networks and creative workarounds. Would Bitcoin Survive an Apocalypse? Bitcoin’s network thrives on 16,000+ global nodes, acting as digital ledgers. If a solar flare…

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Bitcoin Braces For 70% Drop As April Tariff Deadline Looms

Crypto markets are bracing for potential chaos as Bitcoin faces a 70% chance of another price drop, fuelled by fears of U.S. trade policy shifts. Analysts warn April’s tariff deadlines could trigger fresh volatility, echoing March’s correction. Investors now watch Washington closely, fearing a repeat of last month’s sell-off. Why Tariffs Could Trigger Bitcoin’s Next Price Plunge The looming threat…

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GameStop Bets Big on Bitcoin with $1.3 Billion Debt Move

In a bold financial pivot, GameStop has announced plans to raise $1.3 billion through convertible debt, aiming to funnel proceeds into Bitcoin purchases. The video game retailer, once synonymous with meme stock mania, revealed its Bitcoin treasury strategy just 24 hours before launching this debt offering. Shares swung wildly post-announcement, while Bitcoin prices rebounded from earlier losses. Why convertible debt?…

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Gamestop Set To Invest In Bitcoin, Following In Michael Saylor’s Strategy

GameStop stunned investors Tuesday by announcing plans to add bitcoin to its balance sheet. The video game retailer revealed its board unanimously approved the shift, signalling a dramatic pivot under CEO Ryan Cohen. Shares surged 6% post-announcement, while bitcoin edged up 0.2% to $88,500. The decision follows weeks of speculation after Cohen hinted at crypto ambitions, including a cryptic social…

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Pakistan Explores Using Excess Energy for Bitcoin Mining: Here’s What You Need to Know.

Pakistan’s newly formed Crypto Council has sparked intrigue with a proposal that could reshape its economic future. Behind closed doors, policymakers and tech leaders debated an unexpected solution to two pressing challenges: energy waste and financial innovation. Harnessing Surplus Power Pakistan’s electricity grid frequently produces excess energy, much of which goes unused due to ageing infrastructure or low demand. Bilal…

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Michael Saylor’s Strategy Raises $711M to Buy More Bitcoin after STRF perpetual Offering

In a bold financial move, tech giant Strategy (MSTR) has ignited speculation with a massive $711 million capital raise. While details remain under wraps, insiders hint the move ties directly to its aggressive cryptocurrency strategy. The announcement comes as Bitcoin hovers near $84,000, with their massive Bitcoin holdings set to reach 500K. Why Strategy Doubled Down on Bitcoin The company’s…

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Bitcoin Remains Flat Despite Record $108 Trillion Liquidity; What’s Going On?

The global financial landscape faces a curious paradox. The world money supply has swelled to $108.2 trillion, yet Bitcoin remains stubbornly range-bound around $82,300, down nearly 25% from January peaks. This disconnect between liquidity and cryptocurrency performance has investors wondering why Bitcoin isn’t soaring. Market Turbulence and Fed Uncertainty Financial markets have entered heightened volatility even after Federal Reserve decisions.…

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Crypto Comeback? Bitcoin Eyes $90K Surge as Fed Signals Ease Inflation Fears

The cryptocurrency market is in anticipation as Bitcoin nears the edge of a potential rebound. Analysts hint at a potential price move toward $90,000. It is expected that this move will be fuelled by shifting economic winds and pivotal Federal Reserve decisions. With inflation anxieties cooling, investors await clarity and opportunity amid a volatile landscape. Fed’s Policy Bitcoin’s recent slump,…

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Bitcoin Plunges Below $80000 as Crypto Market Face Relentless Sell-Off

Bitcoin crumbled below $80,000 on Monday, sinking to $77,396, its lowest price since November 2023. The drop followed a 3.8% 24-hour decline, erasing gains from a brief rally to $84,000 earlier in the day. Ethereum briefly dipped under $1,800, down more than 10%, as panic spread across crypto markets. Analysts linked the plunge to fading investor confidence amid macroeconomic uncertainty…

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Bitcoin Falls 6% as Trump Signs Executive Order for Crypto Reserve

President Donald Trump signed an executive order today establishing a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile.” The initiative will initially use cryptocurrency seized in government criminal cases. White House AI and crypto czar David Sacks announced the move on X, calling it a “digital Fort Knox” for Bitcoin. “The Reserve will hold Bitcoin forfeited in criminal or civil…

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Thailand’s $40M Bitcoin Fraud Case; Scam That Shook the Crypto Community

A 22-year-old Finnish cryptocurrency trader lost 5,564 bitcoins worth $40 million in one of Thailand‘s biggest crypto scams. Aarni Otava Saarimaa transferred his digital assets to scammers between January and February 2018. The perpetrators promised lucrative investment opportunities in various ventures, including a Macau casino. The fraudsters showcased lavish lifestyles and presented forged documents to gain Saarimaa’s trust. They pitched…

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IMF’s $1.4B Loan at Risk as El Salvador Refuses to Halt Bitcoin Purchases

In March 2025, the International Monetary Fund (IMF) intensified pressure on El Salvador to abandon public-sector Bitcoin purchases as part of a $1.4 billion loan deal. Despite warnings, President Nayib Bukele defiantly continues accumulating BTC, deepening tensions over the nation’s pioneering crypto policies. IMF Demands Halt to Public Bitcoin Buys The IMF’s 40-month Extended Fund Facility, approved February 26, 2025,…

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