Three years after Ethereum’s London Hard Fork aimed to curb supply growth, the network remains inflationary, defying initial deflationary promises. Ether’s Deflation Promise Continues to Remain Unmet As of April 13, 2025, Ethereum’s net ETH supply has grown by 0.805% annually since the London Hard Fork in August 2021, with 3,477,830.85 ETH added to circulation. […]
Commerce Secretary Howard Lutnick walked back the recent reciprocal tariff exemption on select electronics announced in an April 12 bulletin from the United States Customs and Border Protection. On April 13, Lutnick told ABC News that the reciprocal tariff exemption was temporary until the administration established a sector tariff regime for semiconductor products, which includes […]
Unocoin, India’s longest-standing cryptocurrency exchange, has announced the integration of the Lightning Network, powered by Voltage, marking an advancement in bitcoin and stablecoin adoption within the growing Indian crypto market. This new feature allows Unocoin users to send and receive bitcoin and tether ( USDT) instantly and at a fraction of the cost of traditional […]
China isn’t budging following U.S. President Donald Trump’s move to slap a 145% tariff on the country. On Sunday, the Chinese Ministry of Commerce fired back, saying the United States must rethink what it called an “erroneous” approach—urging Washington to “completely cancel” the tariffs in no uncertain terms. Chinese Foreign Ministry Warns: Americans Will Pay […]
Bitcoin (BTC) made a brilliant comeback this week, rising more than 7%, indicating solid buying at lower levels. BitMEX co-founder Arthur Hayes said in a post on X that the US bond market crisis could be setting the stage for more policy response, and that could result in an “up only mode” for Bitcoin. Blockchain […]
Bit Digital, Inc. has secured a lease-to-own agreement for a 202,000-square-foot site in Saint-Jérôme, Québec, to develop a Tier 3 data center supporting its 5MW colocation contract with artificial intelligence (AI) infrastructure firm Cerebras Systems. Cerebras, Bit Digital Partner on Tier 3 Data Center Near Montréal The publicly listed bitcoin mining entity Bit Digital (Nasdaq: […]
Bitcoin’s valuation in South Korea took an interesting turn last week, dipping into a discount amidst the dramatic volatility rocking global financial systems. This marked the first instance of such a discount in nearly four months, breaking a streak where the country consistently observed a premium. Trump’s Tariffs Spark Unusual Bitcoin Discount in South Korean […]
Gold prices have surged over 36% in the past year, now coasting along at a record $3,237 per ounce as of April 13, 2025, driven by central bank acquisitions, geopolitical instability, and shifting monetary policies. Gold’s 2025 Rally Tops $3,200 on Trade Wars and Fiscal Risks Gold prices have climbed relentlessly over the last 12 […]
The Trump administration’s recent tariff exclusions on consumer electronics may only offer temporary relief. U.S. Commerce Secretary Howard Lutnick clarified Sunday that smartphones, computers, and certain electronics—previously granted a reprieve—could still face a new round of tariffs within the next month. Speaking on ABC’s “This Week,” Lutnick said these products, along with semiconductors, may be […]
Strategy co-founder Michael Saylor has signaled that the company plans to acquire more Bitcoin (BTC) following a nearly two-week pause in purchases. The company’s most recent acquisition of 22,048 Bitcoin on March 31 brought its total holdings to 528,185 BTC. According to SaylorTracker, Strategy’s BTC investment is up by approximately 24%, representing over $8.6 billion […]
The cryptocurrency market slipped by 1.56% in the past 24 hours on Sunday, pulling the global market cap down to $2.66 trillion as major assets saw mixed performance. Altcoins Diverge as Trading Volume Declines This week in crypto markets, bitcoin ( BTC) maintained its dominance, trading at $83,781 with a slight 1.35% daily decline, though […]
Bitcoin traded at $83,681 on April 13, 2025, with a market capitalization of $1.66 trillion, a 24-hour trading volume of $26.01 billion, and an intraday price range between $83,648 and $85,731, as the asset moved within a tightening technical consolidation. Bitcoin On the daily chart, bitcoin ( BTC) continued its recovery from a recent pullback […]
