Massive Tariffs Hit Bitcoin Miners: Here Is Everything You Need to Know
TL;DR The U.S. raised tariffs to 21.6% on Bitcoin mining ASICs imported from Indonesia, Malaysia, and Thailand, already slowing local demand. The shortage of imported rigs
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR The U.S. raised tariffs to 21.6% on Bitcoin mining ASICs imported from Indonesia, Malaysia, and Thailand, already slowing local demand. The shortage of imported rigs
TL;DR Ethereum ETFs recorded $73.22 million in inflows on August 5, outperforming Bitcoin funds that saw $196 million in outflows. BlackRock’s ETHA fund alone brought in
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TL;DR Bitcoin loses momentum after surpassing $115,000 and hovers around $113,000, with a 2% drop in 24 hours and over $1 billion in liquidations. Key support
TL;DR Strategy completed its third-largest Bitcoin purchase with 13,005 BTC for $811 million, lifting total holdings to 214,995 BTC and reinforcing its aggressive accumulation strategy. The
TL;DR Crypto investment products saw $223 million in outflows after 15 straight weeks of inflows, driven by uncertainty over interest rates. BTC posted $404 million in
TL;DR Kiyosaki plans to take advantage of Bitcoin’s seasonal drop in August and double his holdings if the price falls below $90,000, trusting in a rebound.
TL;DR Bitcoin is trading around $114,240 after briefly falling under $112,000, with 10x Research highlighting a stealth factor that could spark a sharp price reversal. August’s
TL;DR Metaplanet added 463 BTC for $53.7 million and now holds 17,795 units, aiming to reach 210,000 BTC by 2027. It plans to issue $3.7 billion
TL;DR Arkham’s probe decodes a discreet $3.5 billion heist of 127,426 BTC from Chinese mining pool LuBian back in December 2020. That stash now equates to
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