U.S. Mint in Philadelphia to produce last penny as the 1-cent coin is discontinued
PHILADELPHIA — The U.S. Mint in Philadelphia is preparing to strike its last penny on Wednesday, following the president’s decision to discontinue the 1-cent coin. As production costs have ballooned to almost 4 cents per penny, making its worth somewhat outdated, President Donald Trump issued an order for its removal. The Mint has been creating […]
Philadelphia Mint to produce last penny as the 1-cent coin is discontinued
Penny Production Ends in the U.S. The U.S. Mint concluded its production of pennies on Wednesday, a decision driven by cost-saving measures and a recognition that these coins are becoming increasingly worthless compared to their past purchasing power. The final penny was minted at the Philadelphia Mint, the same location where pennies have been made […]
Philadelphia Mint to produce its last pennies as the coin is discontinued
Penny Production to End as Costs Rise PHILADELPHIA (AP) — The U.S. Mint in Philadelphia is preparing to produce its final penny Wednesday, following the president’s decision to eliminate the coin altogether. The cost of producing a penny has surged to nearly four cents, prompting President Donald Trump to order its discontinuation. Since 1793, the […]
Philadelphia Mint to produce last penny as the 1-cent coin is discontinued
Penny’s Last Stand: The End of an Era PHILADELPHIA — Remember back in 1793 when a penny could buy you a biscuit or candy? Nowadays, they often just sit in drawers or jars, maybe as lucky charms, or, more likely, just forgotten. It seems their time might be running out. The U.S. Mint in Philadelphia […]
Argentina’s Libra Meme Coin Situation Shifts with Frozen Funds and Payment Investigation, Report
Simply put An Argentine judge has frozen assets connected to Hayden Davis and two alleged intermediaries related to the Libra meme coin controversy. Investigators found that shortly after President Milley shared a selfie with Davis, the CEO of Kelscher Ventures, he transferred $507,500 using the BitGet cryptocurrency exchange. Although there isn’t solid proof that the […]
What’s Causing the Rise in Coinbase (COIN) Shares Today
Coinbase Stock Rises After JPMorgan Upgrade Shares of Coinbase, a blockchain infrastructure company, increased by 8.7% during afternoon trading following an upgrade by JPMorgan. The investment bank shifted Coinbase’s rating from “neutral” to “overweight.” Analyst Kenneth Worthington also raised the price target from $342 to $404. This decision stemmed from JPMorgan identifying new opportunities for […]
Melania Trump Meme Coin Wallets Distributed $1.2 Million in Meteora Tokens
Simply put Meteora launched its token on Thursday, distributing MET to users. The project claims it worked to prevent “malicious bad actors” from receiving these tokens. The airdrop, valued at $1.2 million, went to two wallets linked to the controversial Melania Trump meme coin, igniting concerns among cryptocurrency watchers. Additionally, three wallets associated with President […]
Melania Trump and Javier Milei Allegedly Used as ‘Props’ in Meme Coin Fraud Lawsuit
Simply put Investors claim that First Lady Melania Trump and Argentine President Javier Milei are not to blame for the “fraudulent tokens” they endorsed, according to legal filings. The lawsuit points the finger at Benjamin Chow, the founder of Meteora, as being the central figure behind the operation, alleging that Hayden Davis and Kelsher Ventures […]
Metal detector enthusiast discovers a rare 1782 Spanish silver coin on Nantucket beach
Mysterious 18th Century Coin Found on Nantucket Beach A fascinating piece of history has turned up on a Nantucket beach, all thanks to a dedicated metal detector enthusiast. On October 9, it was reported that Travis Nichols, known locally for his keen eye in locating lost jewelry and other metal treasures, unearthed a Spanish 1 […]
Professor Coin: Bitcoin, Energy, and the Future of Eco-Friendly Cryptocurrency
Simply put Bitcoin’s energy use is projected to remain elevated, estimated at 138 TWh by 2025. Recent academic studies have delved into the wider environmental implications of Bitcoin mining, considering factors like carbon emissions, water usage, electronic waste, and land impact. Policy scrutiny is intensifying as governments evaluate the type of energy Bitcoin mining consumes, […]