Bitcoin’s price nosedived to $82,133 this week, rattling investors amid escalating U.S. trade wars and a massive crypto exchange hack. Here’s how the drama unfolded and what experts say you should do next. February 1–4: Trump Slaps 25% Tariffs on Canada, Mexico President Trump ignited global trade tensions on February 1, imposing sweeping tariffs via executive orders. Canada and Mexico…
Binance slashed 94.1% of its Bitcoin holdings and 99.9% of Ethereum reserves between January and February 2025, blockchain data reveals. The exchange converted $4.33 billion in BTC and $5.83 billion in ETH to USDC, spiking its stablecoin reserves by 57.5%. Critics argue the timing, which is just 10 days before Bybit’s $1.46 billion hack. This raises red flags. “Crypto never…
President Donald Trump confirmed Monday that 25% tariffs on Mexican imports and 10% duties on Canadian goods will resume next month. The decision follows a 30-day suspension initially paused for border-security negotiations. “Tariffs are going forward on schedule,” Trump declared during a White House press conference. Economists warn these levies could inflame inflation, disrupt supply chains, and drain $1,200+ annually…
The U.S. Bitcoin mining industry now supports over 31,000 jobs and injects $4.1 billion annually into the economy, a Perryman Group report reveals. Texas dominates this growth, contributing $1.7 billion and 12,200 jobs, while Georgia and New York add millions more. Further support is seen from current President Donald Trump. As he pledges to cement America as the global crypto…
Goldman Sachs has ignited fresh excitement in cryptocurrency circles. Recent regulatory filings reveal the banking titan amplified its Bitcoin ETF investments dramatically. While specifics remain under wraps, insiders suggest this marks a pivotal shift for traditionally cautious institutions. Goldman Sachs Crypto Playbook Once sceptical of digital assets, Goldman Sachs now emerges as a crypto contender. Historically, the bank avoided direct…
In recent years, cryptocurrency mining has emerged as a fascinating yet complex venture in India’s digital landscape. Despite the growing interest, miners face unique challenges in the world’s largest democracy. What is cryptocurrency mining? Cryptocurrency mining serves as the backbone of blockchain networks like Bitcoin. Miners validate transactions and secure the network using powerful computers, earning newly minted coins as…