Tag: Bitcoin
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Warsh as Fed Chair Pick Signals Bitcoin-Dollar Synthesis
Trump’s Fed Chair Pick and the Bitcoin-Dollar Synthesis In a development that surprised some policymakers and market observers, President Trump’s selection to replace Federal Reserve Chairman Jerome Powell could steer U.S. monetary policy toward a more nuanced relationship between the Bitcoin ecosystem and the traditional dollar system. Kevin Warsh, a former governor of the Federal…
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Trump’s Pick for Fed Chair Highlights Bitcoin-Dollar Synthesis in U.S. Policy Outlook
Overview: A Contested Shift at the Fed President Trump’s selection of Kevin Warsh to replace Federal Reserve Chair Jerome Powell has sparked a wave of speculation about the future direction of U.S. monetary policy. Warsh, who previously served as a member of the Federal Reserve Board of Governors during the Bush and Obama administrations, is…
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Bitcoin Dips Below $78K as Silver Selloff Ripples Markets
Bitcoin slides as silver selloff shakes risk markets Bitcoin, along with other major tokens, extended losses on Saturday as traders weighed a heavy week of market-moving events. The digital asset briefly traded below $78,000, joining a broader pullback across equities and commodities after a sharp selloff in silver and ongoing volatility in bond and currency…
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Trump’s Fed Chair Pick Warsh Signals Bitcoin-Dollar Synthesis
Overview: Warsh and the Fed Chair Ambition President Trump has nominated Kevin Warsh to potentially replace Federal Reserve Chair Jerome Powell in May, reviving a familiar debate about how the central bank should balance inflation, growth, and financial stability. Warsh, a former member of the Fed Board of Governors who served across the early Bush…
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Bitcoin Dips Below $78,000 as Silver Selloff Shakes Markets
Bitcoin slips as silver selloff rattles markets Bitcoin, along with leading tokens Ethereum and Solana, edged lower on Saturday as traders processed a volatile week marked by dramatic swings in precious metals and a highly anticipated political development in the United States. The silver selloff helped widen risk-off moves, pulling major risk assets down and…
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Bitcoin Dips Beneath $78,000 as Silver Selloff Sparks Market Volatility
Bitcoin and major cryptos retreat as broad market swings intensify Bitcoin traded under the $78,000 mark on Saturday, joining a retreat across top cryptocurrencies as traders weighed a volatile week that saw sharp moves in commodities and a high-stakes political moment in the United States. The pullback comes after a day of outsized swings driven…
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Bitcoin mining costs in New Zealand rise as prices slip
Bitcoin mining in New Zealand: a cost-heavy equation As the global price of Bitcoin drifts to around US$86,000 (about NZ$147,000), miners in New Zealand face a stark reality: the energy required to mint new coins is eating into profits. The Cambridge Bitcoin Electricity Consumption Index tracks the energy intensity of Bitcoin mining, and recent data…
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Bitcoin mining costs rise in New Zealand as price falls
New Zealand’s Bitcoin Mining Costs Surge as Prices Tumble Bitcoin’s latest price drift has reignited debate over the economics of mining, especially in energy-conscious markets like New Zealand. With the cryptocurrency hovering around US$86,000 (roughly NZ$147,000), the cost of producing a single coin is drawing scrutiny from miners, investors, and policymakers alike. Recent figures from…
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Bitcoin Mining Costs in New Zealand: When Energy Bills Outstrip Profits
High Energy Bills Meet Slumping Bitcoin Prices The cost of producing Bitcoin in New Zealand has become a growing concern for miners, as a combination of elevated electricity prices and a sliding market price squeezes margins. With Bitcoin hovering around US$86,000 (approximately NZ$147,000) in recent data, the economics of running mining hardware in New Zealand…
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Crypto Derivatives Signals Shift as Bybit and Block Scholes Reveal Optimistic Sentiment
Overview: A Turning Point in Crypto Derivatives Sentiment Crypto markets have been watching shifting tides as the latest Bybit x Block Scholes Crypto Derivatives Analytics report signals a tilt toward bullish sentiment in the derivatives space. The findings come as Bitcoin climbs to a two-month high, suggesting traders are positioning for near-term upside in a…