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Foundry USA hashrate down 60% since Friday amid deadly storm: Report

Foundry USA's hashrate has decreased by 60% since Friday due to severe weather conditions caused by a deadly storm. The storm has impacted mining operations, leading to significant disruptions in the cryptocurrency mining sector. This decline in hashrate highlights the vulnerability of mining infrastructure to extreme weather events. As a result, the overall network hashrate for Bitcoin has also seen fluctuations. The situation underscores the importance of resilient mining operations in the face of environmental challenges.

Read the full article: Coin Telegraph

Kraken-Linked SPAC Could Target Crypto Firm Valued at Up to $10 Billion

A special purpose acquisition company (SPAC) linked to Kraken is reportedly looking to acquire a cryptocurrency firm valued at up to $10 billion. This move comes as the SPAC seeks to capitalize on the growing interest in the crypto market. The potential acquisition could significantly enhance Kraken's position

Arthur Hayes: Strong Revenue and Real Trading Could Send HYPE to $150

Arthur Hayes predicts that strong revenue and genuine trading activity could drive the price of HYPE to $150. He emphasizes the importance of real market engagement over speculative trading. Hayes believes that if the underlying fundamentals improve, it could significantly boost investor confidence and market value. His insights reflect a

Trump Meme Coin Price, Trading Volume Skyrocket as Holders Vie for Exclusive Event Access

The price and trading volume of the Trump Meme Coin have surged significantly as holders seek access to an exclusive event. This spike in interest is attributed to the coin's association with former President Donald Trump, attracting both supporters and speculators. The event promises unique perks for participants,

Circle overtakes BlackRock in tokenized Treasuries as market hits record $11 billion

Circle has surpassed BlackRock in the tokenized Treasuries market, which has reached a record $11 billion in total assets. This growth reflects increasing interest in digital assets and innovative financial products. Circle's USDC stablecoin is a significant driver behind this surge, as it facilitates the tokenization of U.

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Kraken-Linked SPAC Could Target Crypto Firm Valued at Up to $10 Billion

Arthur Hayes: Strong Revenue and Real Trading Could Send HYPE to $150

Trump Meme Coin Price, Trading Volume Skyrocket as Holders Vie for Exclusive Event Access

Circle overtakes BlackRock in tokenized Treasuries as market hits record $11 billion