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Bitcoin Miner Tied To Trump Spends $314 Million On Chinese Computer Chips

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American Bitcoin Corp., a mining company linked to US President Donald Trump’s family, has completed one of the largest hardware purchases in the crypto sector this year. Related Reading: From No To Maybe: Treasury Secretary Bessent Leaves Bitcoin Option Open Reports have disclosed that the firm paid around $314 million for 16,290 Antminer U3S21EXPH units […]
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US DOJ Seizes $2.8M in Crypto from Alleged Ransomware Mastermind

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The US Justice Department has unsealed a set of warrants authorizing the seizure of more than $2.8 million in cryptocurrency linked to an alleged ransomware operation. The action also includes the confiscation of $70,000 in cash and a luxury vehicle. The warrants, unsealed in federal courts in the Eastern District of Virginia, the Central District […]
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New York’s 0.2% Crypto Tax Push Sparks Fears of a Market Sell-Off

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New York may soon add another chapter to its already strict crypto regulation playbook. Assembly Bill 8966, introduced by Democratic Assembly member Phil Steck, proposes a 0.2% excise tax on all crypto and NFT transactions, including Bitcoin, Ethereum, and stablecoins. If approved, the crypto tax would take effect on September 1, applying to both individuals […]
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Looming Bitcoin Security Budget Crisis Is Fake — Expert Buries FUD

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Pierre Rochard, VP of Research at Riot Platforms, one of the largest publicly traded Bitcoin mining companies and CEO of The Bitcoin Bond Company says the most persistent narrative about Bitcoin’s long-term security—an alleged “budget shortfall” as block subsidies decline—is built on a category error. In a series of posts on X today, August 15, […]
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Bitcoin STH Capitulation Selling Weakens: 16.8K BTC Sent To Exchanges At A Loss

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Bitcoin surged to a fresh all-time high of $124,500 yesterday, marking another milestone in its historic 2025 run. However, the celebration was short-lived as the world’s largest cryptocurrency faced immediate selling pressure, pulling prices back and signaling the start of a new phase in market dynamics. The rally, fueled by weeks of strong buying momentum, […]
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SpaceX Bitcoin Stake Tops $1 Billion; BTC Slides After Treasury Comment

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SpaceX’s remaining Bitcoin holding climbed above $1 billion when Bitcoin hit fresh highs, but the rally cooled after a statement from the US Treasury. Related Reading: Altcoin Interest Hits New Highs Amid Bitcoin Weakening: Google Trends According to Arkham Intelligence data reported by multiple outlets, the aerospace firm holds 8,285 BTC, worth about $1 billion […]
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$50M Deal: Trump’s Thumzup Media Partners With Coinbase To Expand XRP Holdings

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According to Thumzup Media’s filing and press release, the Nasdaq-listed company completed a $50 million secondary offering at $10 per share to fund crypto mining and expand a multi-asset treasury. Related Reading: ‘Crypto Mom’ Tells Industry: SEC Acting Now, Not Waiting On Congress The company said it will buy mining rigs and add assets such […]
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Bitcoin Tops US Crypto Payments, Stablecoins Rule Asia: Report

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A new report from CoinGate has revealed how Bitcoin and other cryptocurrencies compare in payments usage across the world. USDT Most Used Crypto On CoinGate Overall, Bitcoin Second Cryptocurrency payments processor CoinGate has shared new data breaking down digital asset payments preferences around the world. First, below is a table showing how the composition of […]