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Former cryptocurrency miners constructing a 430 MW data center in a hidden location.

Former cryptocurrency miners constructing a 430 MW data center in a hidden location.

Applied Digital Begins Work on New Data Center Applied Digital, originally focused on cryptocurrency mining, is now stepping into the AI infrastructure space. They’ve kicked off construction for a 430 MW data center in the southern United States, although they haven’t disclosed its exact location yet. However, the company has previously faced opposition in other […]

Bitcoin Falls Below $90K as Cryptocurrency Shares Drop Following New Trade War Concerns

Bitcoin Falls Below $90K as Cryptocurrency Shares Drop Following New Trade War Concerns

Simply put Shares of Strategy, Sharplink Gaming, MARA Holdings, and other leading crypto stocks declined as Bitcoin lingered around the $90,000 mark. Bitcoin dropped by 2.5% in the last 24 hours, yet its trading volume surged by 14% to $68.6 billion following the holiday. President Trump’s potential tariffs on European nations concerning Greenland have added […]

Iranians Embrace Cryptocurrency Amid Growing Economic Crisis and Sanctions

Iranians Embrace Cryptocurrency Amid Growing Economic Crisis and Sanctions

Cryptocurrency Amid Economic Strain in Iran Iran’s economy is really feeling the pinch these days, and it’s not just a minor inconvenience. Harsh sanctions, rising inflation, and a stumbling currency have pushed many citizens to explore cryptocurrencies as a possible financial alternative. Recent data from blockchain sources shows a noticeable uptick in Bitcoin withdrawals and […]

Former NYC Mayor Eric Adams’ new cryptocurrency drops 75% in value in just one day.

Former NYC Mayor Eric Adams' new cryptocurrency drops 75% in value in just one day.

Former NYC Mayor Launches Cryptocurrency, Faces Immediate Decline NEW YORK — Eric Adams seemed to be on the upswing after his recent travels to Dubai and the Democratic Republic of Congo. Upon returning, he made his debut as a private citizen in Times Square, announcing a new initiative: the creation of a cryptocurrency that aims […]

The troubled introduction of former NYC Mayor Eric Adams’ new cryptocurrency

The troubled introduction of former NYC Mayor Eric Adams’ new cryptocurrency

New York’s NYC Token Initiative Faces Struggles NEW YORK — Eric Adams recently made headlines, returning to Times Square to unveil his first private initiative— a new cryptocurrency named the NYC Token. This coin is intended to combat both anti-Semitism and anti-Americanism. “We are changing things,” he asserted, though the specifics on how it would […]

US Senate Banking postpones cryptocurrency legislation following objections from Coinbase CEO

US Senate Banking postpones cryptocurrency legislation following objections from Coinbase CEO

Senate Committee Delays Crypto Bill After Coinbase CEO’s Opposition On January 14, the U.S. Senate Banking Committee announced it would delay its review of a proposed cryptocurrency regulatory framework. This decision came just hours after Brian Armstrong, CEO of Coinbase, publicly opposed the bill. The legislation, introduced earlier in the week, seeks to clarify whether […]

Ex-New York City Mayor Eric Adams Accused of ‘Rug Pull’ Following Cryptocurrency Launch

Ex-New York City Mayor Eric Adams Accused of 'Rug Pull' Following Cryptocurrency Launch

Former New York City Mayor Eric Adams faces backlash from the crypto community over a questionable “rug pull” related to a newly introduced meme coin. Recent events have placed Eric Adams under scrutiny after he endorsed a memecoin, which shortly after its launch, saw unusual liquidity withdrawals. This has triggered concerns among traders, many labeling […]