Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023

After posting record-breaking earnings on Bitcoin (BTC) halving day, miners now face another reality, with a high network hash rate and lower revenues pushing down profits. The average revenue a miner earns... Read more »

The real risks to Ethena’s stablecoin model (are not the ones you think)

Ethena Labs’ new stablecoin topped $2 billion in market cap faster than any other dollar-pegged asset in crypto’s history. But USDe’s meteoric rise has sparked fears that it might repeat the high-profile... Read more »

Forget Bank of America; Buy This Magnificent Bank Stock Instead

With a market cap approaching $300 billion and total assets on the balance sheet of $3.3 trillion, Bank of America is undoubtedly one of the largest financial institutions out there. It’s also... Read more »

Bitcoin whale ‘FOMO’ hits as BTC price coils below $67K liquidity zone

Bitcoin (BTC) kept up pressure on key resistance into April 24 as research showed whales “buying the dip.” BTC/USD 1-hour chart. Source: TradingView Bitcoin whales seize the day BTC price action circled... Read more »

PayPal removes NFT protections, Adidas NFT sneakers and more

PayPal removes protections for NFT buyers and sellers Multinational payment services firm PayPal is silently taking down protections for purchases related to nonfungible tokens (NFTs). On May 20, amended policies will take... Read more »
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