U.S.


Markets

Past-Peak Inflation Might Be Misleading as Price Pressures Continue to Mount

As inflation peaks, bitcoin traders should be wary of reading too much into data.

Consumer Price Index, % Change Over 12 Months, including forecasted number for April 2022 CPI (Source: CoinDesk Research, Department of Labor Statistics, FactSet)

Finance

Core Scientific Begins Reporting Daily Bitcoin Mining Production

The figure will be updated every day at 12:00 p.m. EST (16:00 UTC) on the mining company's home page in a bid to improve transparency.

Darin Feinstein, co-founder of Core Scientific, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Friday, April 8, 2022. The Bitcoin 2022 four-day conference is touted by organizers as "the biggest Bitcoin event in the world." Photographer: Eva Marie Uzcategui/Bloomberg via Getty Images

Finance

Bit Digital Has Deployed 39% of Its Crypto Mining Rigs in North America

The firm has shipped all of its machines out of China, but is waiting on hosting capacity to be completed.

Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)

Policy

US Shutters Embassy in Belarus Amid Russia-Ukraine Peace Talks

As with mainstream financial markets, cryptocurrency has felt the ripples of the hostilities in Eastern Europe.

Minsk, Belarus

Markets

Central Bank of Russia Braces for Turmoil With Nonresident Trading Ban

Nonresident holders of Russian equities won't be able to cash out, at least for now.

Moscow's skyline (Flickr)

Finance

Crypto Industry Heavyweights Form Political Action Committee for US Midterms: Report

Backers of the PAC include top executives at FTX and SkyBridge Capital.

(Roibu/Shutterstock)

Finance

US Banks Form Group to Offer USDF Stablecoin

Founding members of the USDF Consortium include New York Community Bank, FirstBank and Sterling National Bank.

(Shutterstock)

Finance

Stronghold Digital Mining to Acquire 9,080 Bitcoin Rigs

The bitcoin miner also signed a $54 million financing deal with NYDIG.

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left). 
(Stronghold Digital Mining)

Policy

Federal Regulator Says Credit Unions Can Partner With Crypto Providers

The new guidance will allow them to support the buying and selling of cryptocurrencies.

(Wikimedia Commons)

Finance

Former Marine and South Carolina Politician Raises $200M to Start Bitcoin Mining Company

Former gubernatorial candidate John Warren started Gem Mining earlier this year with four other partners.

Gem Mining CEO John Warren (Gem Mining)

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