The Federal Reserve’s stress tests ignore the real nightmare scenario, economist Peter Schiff warns, saying no major bank could survive the financial catastrophe that looms. Peter Schiff Warns of Financial Catastrophe—Says the Fed Isn’t Testing the Real Threat The Federal Reserve Board released its 2025 stress test scenarios on Feb. 5, outlining hypothetical economic conditions
NEW YORK, February 6, 2025 — Bit Digital, Inc. (Nasdaq: BTBT) (“Bit Digital” or the “Company”) announced today that it has officially rebranded its HPC business as WhiteFiber, Inc. (“WhiteFiber”). WhiteFiber encompasses the Company’s GPU Cloud business and its HPC data center business, Enovum Data Centers (“Enovum”). The new WhiteFiber website can be found at www.whitefiber.com.
Notably, the trade price of $XRP Cryptocurrency has been struggling badly for the last couple of days, as the XRPL network was offline for an hour. XRP Ledger (XRPL) is a popular Proof-of-stake (PoS) crypto network. Ripple, a San Francisco headquartered blockchain firm, is responsible for the management of development around this blockchain network. $XRP
Bitcoin’s network activity has dropped to its lowest level in a year, according to Cryptoquant and its researchers, marking a significant decline from previous highs. Bitcoin Transactions and Fees Plummet Cryptoquant‘s Bitcoin Network Activity Index, a key metric tracking transactions and user engagement, has fallen 15% since November 2024, now standing at 3,760—the lowest level
David Sacks, President Donald Trump’s new “crypto czar,” is taking a different approach to digital assets. Over the past few weeks, Sacks has been very clear on two main priorities: a U.S. Bitcoin reserve and stablecoin legislation. Sacks’ public appearances are a big shift from the previous administration’s digital asset stance. Under President Joe Biden
PRESS RELEASE. Amid recent market turbulence, Solana’s slipping price has left investors searching for stability and better opportunities. At the same time, Lightchain AI, a new player combining AI and blockchain, is making headlines with its presale raising an astounding $15 million USD. 🚀 Investors and tech enthusiasts alike are flocking to what could be
Eyeing to enhance efficiency, security, and transparency in mass transport networks, Western Pacific International Holdings partners with BayaniChain to introduce a digital infrastructure for the country’s transportation sector called Bagong Pilipinas Transport Chain (BPTChain). What’s the Significance? According to the involved entities, the launch of BPTChain marks a significant step toward smarter, more sustainable urban
Donald Trump’s AI & Crypto Czar To host crypto event The US President Donald Trump’s AI & Crypto Czar, David Sacks, has planned to host a conference on 4 Feb about Cryptocurrencies to explain how America will successfully secure its position as leader in this innovative space. 🇺🇸 BREAKING: President Trump’s AI & Crypto Czar,
Conor Grogram, head of product business operations at Coinbase has unearthed evidence that suggests Satoshi may have used Cavirtex, an early Canadian bitcoin exchange that was initially purchased by New York-based Coinsetter in 2015 before being subsequently acquired by Kraken in 2016. Grogram used on-chain analysis to determine that a Satoshi wallet that starts with
Bitcoin is experiencing high volatility and showing wild moves on both sides. The market dumped and pumped more than $10,000 yesterday because of the Trade war. The US President Donald Trump announced Traffic policies to be implemented against China and the markets reacted to the news. What is the impact of the Trump trade war