Earlier this year in the U.S., a congressional hearing was held on the topic where politicians and tech figures discussed the future of crypto mining in the U.S, specifically highlighting their concerns regarding fossil fuel consumption. Leaders also discussed the current debate surrounding the coal-to-crypto trend, particularly regarding the number of coal plants in New York and Pennsylvania that are in the process of being repurposed into mining farms. At present, miners are heavily reliant on renewable energy sources, with estimates suggesting that Bitcoin’s use of renewable energy may span anywhere from 40-75%.
The fund will invest at least 80% of its assets https://ai-robert.com/ in XRP futures contracts and shares of other XRP-linked exchange-traded products. The native token of decentralized exchange Hyperliquid, HYPE, surged 18% with daily trading volume shooting up by 148% to $346.6 million. What exactly are governments and nonprofits doing to reduce Bitcoin energy consumption?
Racer Aliyyah Koloc named official ambassador of Raphael Coin
Ethereum burned a record-low 53.07 ETH ($106K) in a day, signaling weak block space demand. Trump’s tariffs push U.S. rates to a century-high, sparking trade tensions. Semler Scientific reports $41.8M unrealized Bitcoin loss in Q but remains committed to its crypto strategy, holding 3,182 BTC and planning to acquire more. Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
Silk Road Coin Presentation by LGR Group
Shortly before his inauguration, he even launched his meme coin — a crypto asset known more for being tied to internet memes and jokes. And his family is getting into the action too with financial interests in crypto companies. Solana-based meme coins MOODENG and MEW have surged 30% intraday following their listing on Robinhood, joining the platform’s expanding crypto offerings. Javier Milei, president of Argentina who appeared with Elon Musk at CPAC, will be investigated for his involvement with $Libra, which collapsed just hours after its launch.
Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies. The White House crypto and AI czar says the GENIUS Act could bring multi-trillion-dollar demand for stablecoins. Major US banks, including JPMorgan Chase, Bank of America , Citigroup, and Wells Fargo, are reportedly exploring the launch of a joint cryptocurrency stablecoin, marking a significant development in the US banking and crypto sectors. The ongoing crypto market shake-up is prompting investors to look beyond the typical big names for the next booming altcoin in 2025. While Solana (SOL) and Dogecoin (DOGE) are still floating with less bearings, one undervalued token priced at $0.0781, Remittix (RTX) , is the centre of serious attent…
- The native token of decentralized exchange Hyperliquid, HYPE, surged 18% with daily trading volume shooting up by 148% to $346.6 million.
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- Taproot is a soft fork that bundles together BIP 340, 341 and 342 and aims to improve the scalability, efficiency, and privacy of the blockchain by introducing several new features.
New Hampshire just passed a law establishing its own “Strategic Bitcoin Reserve,” paving the way for the state to start investing in digital assets such as Bitcoin. It’s the first state in the country to do so, beating several other states to the punch. In addition to Sun, however, some attendees have publicized qualifying for the dinner. Another will be Sheldon Xia, the founder of a cryptocurrency exchange called BitMart that’s registered in the Cayman Islands. Bitcoin surged to a fresh record high on Thursday, fuelled by optimism that the US Congress will soon pass a bill ill for stablecoin- the GENIUS Act, which is set to be the first regulatory framework under the Trump Administration.
Meanwhile, a top legislative priority for crypto-backers, a bill clarifying how digital assets are to be regulated, has advanced in the Senate. But some Democrats have tried to stall other pro-crypto legislation over the president’s personal dealings — and see the dinner as a particularly egregious case. Trump has signed executive orders promoting the industry, including calls to create a government bitcoin reserve. In March, Trump convened the first cryptocurrency summit at the White House. Sun has disclosed on social media that he is the biggest holder of $TRUMP meme coins and is attending Thursday’s dinner.
The recent significant depreciation of the U.S. dollar has become a key driver behind Bitcoin’s price increase. According to the latest data, Ethereum (ETH) experienced a staggering nearly 20% drop in price over the seven days ending March 9, 2025, marking its largest weekly percentage decline since November 2022. Bitcoin’s recent volatility reflects broader risk asset fatigue, with potential for a rebound driven by risk asset recovery and positive Bitcoin-specific developments. These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way. XRP’s price rose 2.7% to $2.42, with daily trading volumes climbing 45% to $4.33 billion, fueled by the Volatility Shares XRP Futures ETF debut on Nasdaq.
But Thursday night’s dinner for the 220 biggest investors in the $TRUMP meme coin has raised uncomfortable questions about potentially shadowy buyers using the anonymity of the internet to buy access to the president. Wednesday’s US 20-year US government bond auction revealed tepid demand, pushing Treasury yields sharply higher. The auction result underscored mounting investor concerns about Washington’s ballooning debt burden, amid upcoming Trump’s proposed tax bill.