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Crypto Giant Bitmain Faces Scrutiny As US Senator Flags Trump Family Ties

adminMarch 30, 2026 153 Views

A federal investigation into Chinese hardware maker Bitmain sits unresolved, its outcome unknown to the public. That uncertainty is now drawing fire from Capitol Hill — and putting US President Donald Trump’s family in the middle of it. Related Reading: Bitcoin At Risk? Odds Tilt Toward Drop Below $66K This April Security Probe Stretches Back […]

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Bitcoin Mining Crash: Bitmain Slashes Hardware Costs To Stay Afloat

adminDecember 28, 2025 249 Views

Based on reports from industry outlets and internal pricing lists, Bitmain has sharply reduced the asking prices for several of its Bitcoin ASIC models, a move tied to falling mining revenue and bloated inventory. Related Reading: Bitcoin’s Long Game Is Winning, Even If The Short Term Looks Messy—CEO The cuts place some high-end units near […]

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Tether Seeks To Raise $200 Million For Tokenized Gold Treasury – Report

adminOctober 5, 2025 146 Views

According to a recent report, the world’s largest stablecoin company, Tether, and a partner firm are looking to raise capital for a digital asset treasury company that would accumulate its tokenized gold. Tether To Launch Digital Asset Treasury Firm With XAUT: Report On Friday, October 3rd, Bloomberg reported that Tether and financial services firm Antalpha […]

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

adminAugust 16, 2025 149 Views

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 […]