Bitcoin hash rate drops by up to 34% due to cold wave in North America and power conservation request in Texas
Texas power saving request From November 13th to 17th, the hashrate of the Bitcoin (BTC) network decreased by 34% from a maximum of 629EH/s to 414EH/s. At the time of writing, it is trending at 440EH/s. Source: Ycharts This decrease…
JP Morgan CEO criticizes Bitcoin again, comparing it to a “pet stone†| CoinDesk JAPAN
JPMorgan CEO Jamie Dimon publicly reiterated his criticism of Bitcoin (BTC) on Wednesday, saying his personal advice is not to get involved. Dimon said Bitcoin’s use cases include “anti-money laundering (AML), fraud, sex trafficking, and tax evasion,†but added, “I…
Jim Cramer Borrows A Page From Jamie Dimon In Warning Investors About Bitcoin ETPs: ‘Know What Exactly You Might Be Putting Your Money In’
CNBC’s ‘Mad Money’ host Jim Cramer weighed in on the decision by the Securities and Exchange Commission (SEC) to approve spot Bitcoin (CRYPTO: BTC) exchange-traded products (ETPs) in the United States. What Happened: Cramer, referencing comments from JPMorgan CEO said,…
EU agrees on stricter rules to combat moneylaundering and capture cryptoassets
By Huw Jones LONDON (Reuters) – The European Union reached a provisional deal on Thursday to improve how national authorities work with each other to combat money laundering, including in the crypto sector. Representatives of EU states and the European…
Why did Alaska Airlines Flight 1282 have a sealed-off emergency exit in the first place? The answer comes down to money
The door plug area of an Alaska Airlines Boeing 737 MAX 9 aircraft awaits inspection on Jan. 10, 2024. Lindsey Wasson/AP Photo The aviation industry is still in shock from a near disaster on Jan. 5, 2024, in which a…
Raoul Pal Spills Secrets: How To ‘Make Life-Changing Money’ In Crypto Within 2 Years
Macro investor Raoul Pal is predicting “life-changing wealth creation” in the crypto space over the next few years. “This crypto opportunity is literally the perfect macro opportunity of a lifetime,” he said Thursday. “It’s a very high probabilistic outcome that…
Cryptocurrency Optimism Down More Than 4% Within 24 hours
Over the past 24 hours, Optimism’s (CRYPTO: OP) price has fallen 4.46% to $3.35. This continues its negative trend over the past week where it has experienced a 14.0% loss, moving from $3.88 to its current price. The chart below…
$1.5 Trillion Fund Franklin Templeton Starts Memeing On X: How Crypto Culture Infiltrates Finance
The cryptocurrency industry watched in awe as Spot Bitcoin (CRYPTO: BTC) ETF issuer Franklin Templeton handed control of its X (formerly Twitter) account to its “Digital Assets Research Team” on Wednesday, Jan. 17. What followed encapsulates the culture shift sweeping…
BlackRock’s Earnings Soar, Signaling Robust Growth and Innovation
This content was originally posted on Valuewalk.com BlackRock (NYSE:BLK), leading the charge as the premier asset management firm, has truly outdone itself this quarter, surpassing analyst forecasts. … Read more
NVIDIA and AMD: Is the Optimism Getting Out of Control?
This content was originally posted on Valuewalk.com In the financial markets when everyone thinks something will happen, usually something else happens. It’s a contrarian principle that should … Read more