Author: John Smith
Ben Gagnon, Bitfarms’ Chief Executive Officer, shared his thoughts on how new geopolitical challenges from the Trump administration would impact the Bitcoin mining industry. Gagnon said during a Bloomberg TV interview on March 11 that both the US and Canada have been energy-driven economies for more than 200 years. Blessed with easy access to affordable power has been a key driver of economic growth over the past two centuries. However, he explained that the ongoing trade tensions and tariffs could have downstream effects on the energy markets, which are critical for Bitcoin mining. “All of our sites are based in…
Base, the layer-2 network by Coinbase, could dominate the decentralized finance and consumer applications market starting in the second quarter, according to blockchain analytics firm Nansen. Nansen’s latest report highlights on-chain activity, robust metrics, and a growing user base as some of the catalysts that signal a potential explosive performance for Base in Q2. This suggests the L2’s continued rise as a core DeFi platform. Beyond leading the next generation of consumer applications, the tailwinds heading into the next quarter shine a spotlight on ecosystem projects and tokens, including the likes of Virtuals Protocol (VIRTUAL) and Aerodrome Finance (AERO). Strong…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Avalanche could hit $50, but Lightchain AI’s presale and AI-powered blockchain are stealing the spotlight. Avalanche price forecasts suggest that AVAX could soar to $50, riding a wave of bullish sentiment in the market. However, despite this potential upside, it may still struggle to keep up with Lightchain AI, which has already raised over $17.1 million at a presale price of $0.006. With its transformative integration of AI and blockchain technology, Lightchain AI is rapidly gaining traction as a…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s drop to $80k has shaken the market, but an expert sees an 80% surge ahead, fueling bullish optimism for altcoins like BTCBULL. Bitcoin (BTC) saw a dramatic fall to $80,000, leaving investors questioning and reassessing their positions. However, one analyst sees BTC soaring to a new all-time high. Financial expert Tom Lee remains very optimistic about Bitcoin’s trajectory, maintaining his forecast of a $150,000 valuation by December 2025 despite the current market downturn. What does his prediction mean…
Crypto payments network Mesh has closed $82 million in a funding round led by venture capital firm Paradigm. Mesh said in a press release that it raised $82 million in its Series B funding round. Venture capital firm Paradigm led the financing round, which attracted the participation of Consensys, QuantumLight Capital and Yolo Investments, and brought the decentralized platform’s total raise to $120 million. The funding will go into expanding the payment network’s solution across the globe, with stablecoin adoption a major part of the company’s goal. Simply, Mesh plans to bring crypto payments and stablecoin settlements to any merchant,…
European regulators are reportedly investigating crypto exchange OKX after hackers allegedly used it to launder proceeds from a nearly $1.5 billion heist on Bybit. Cryptocurrency exchange OKX is under investigation by European regulators after hackers allegedly used its platform to launder proceeds from a $1.46 billion heist on Bybit, Bloomberg has learned, citing sources familiar with the matter. The inquiry, led by national watchdogs from the European Union’s 27 member states, was discussed at a meeting of the European Securities and Markets Authority’s Digital Finance Standing Committee on March 6, the sources claim. The focus is on OKX’s Web3 service,…
The United States and Ukraine have agreed on a proposal for an immediate 30-day ceasefire. This news is pending Russia’s acceptance, according to a joint statement following high-level talks in Jeddah, Saudi Arabia. Kyiv expressed its readiness to accept the truce, which could be extended by mutual agreement, provided Russia implements it concurrently. “Ukraine expressed readiness to accept the US proposal to enact an immediate, interim 30-day ceasefire, which can be extended by mutual agreement of the parties, and which is subject to acceptance and concurrent implementation by the Russian Federation,” the note read. In return, the U.S. committed to…
Binance released on March 11 results from a global user survey to crown the most influential figures in the crypto world. Over 12,000 users worldwide shared their thoughts on who are the key personalities dominating the crypto, blockchain and Web3 industries. As expected, Satoshi Nakamoto was named the most influential figure. Around one out of three respondents credited Nakamoto’s creation of Bitcoin (BTC) as the birth of decentralized finance. CZ and Vitalik lead the innovation front Binance co-founder Changpeng Zhao was voted as the most influential changemaker. CZ and his Binance empire played a major role in expanding blockchain adoption…
Randy Guynn, a prominent U.S. banking attorney, has called for stablecoins to be subject to bank-level regulations. Speaking before the U.S. House Financial Services Committee, Guynn argued that stablecoins should offer the same level of safety as insured bank deposits and central bank money. Guynn emphasized that any stablecoin regulation should require issuers to maintain liquidity reserves and capital buffers comparable to those of banks. “If a payment stablecoin issuer has a properly calibrated reserve of liquid assets, capital buffer, and no material amount of other liabilities, payment stablecoins should be as safe as insured bank deposits and central bank…
On Mar. 9, 2025, it was revealed that Mark Carney will replace Justin Trudeau as the Liberal Party’s leader and Prime Minister of Canada. Is this a victory for the Canadian crypto community? Who is Mark Carney For five years, Carney served as a Governor of the Bank of Canada. On top of this, for seven years, he was the Bank of England Governor. Carney was the first non-British person to occupy this position. He has a solid background in the financial and tech sectors. Carney holds degrees from Harvard and Oxford. He spent over a decade working for Goldman…