Trump Family To Dive Into Bitcoin Mining
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Hut 8 is contributing around 61,000 mining machines from its sprawling data centers to the new company, per The Wall Street Journal, in exchange for its share in the company.
From HuffPost
The mining project is the third major crypto venture that the Trump family has started over the past year.
From The New York Times
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In a letter to shareholders, the chairman of the world’s largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar.
Upward-sloping Coinbase BTC Premium Index signals strong buying support among US investors amid tariff concerns.
The US Dollar could risk losing its status as the world’s reserve currency to Bitcoin if the U.S. doesn't control its debt and deficits, said BlackRock CEO Larry Fink.
7hon MSN
As economic uncertainty deepens, traditional hedges like gold and bonds move to the forefront. Can Bitcoin compete?
Bitcoin, often hailed as "digital gold," has sparked extensive debate regarding its role as a store of value and its comparison to traditional assets like gold.
In an annual letter to investors, BlackRock CEO Larry Fink warned that digital assets could offset America's economic advantage.
Corporate adoption, a record-high hashrate, and steady buying from multiple investor cohorts suggest BTC currently trades at a discount.
Bitcoin, the digital currency and virtual payment system, has grown increasingly popular in recent years. The top cryptocurrency token holders have made billions of dollars off the digital asset. Getting into the crypto space can be simple or complicated ...
BlackRock CEO warns US risks losing reserve currency status to Bitcoin amid mounting debt, deficits, and potential digital transformation.
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