The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice

Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated between $105 and $125 per PH/s. Fast forward to this week, and as BTC […]

GOAT, the AI-Launched Meme Token—Navigating the Regulatory Uncertainty of Autonomous Agents

In recent developments, a notable instance occurred involving a tech titan, Marc Andreessen, and an AI bot named Truth Terminal. Andreessen’s decision to grant $50,000 in bitcoin to this semi-autonomous AI agent, to fund hardware upgrades and launch a cryptocurrency token named GOAT, illuminates potential regulatory challenges that lie ahead. This episode underscores the blurred […]

Venezuelans Crave USDT as Dollar Exchange Rate Explodes

Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While the government has tried to contain the black market exchange rates by injecting dollars into the banking sector, it has enjoyed limited success, with Tether adoption ramping up as an […]