Foundry USA’s hashrate drops 60% since Friday due to severe storm, report says
Impact of Winter Storm on Bitcoin Mining Operations The hash rate of Foundry USA, the largest digital asset advisory firm managing Bitcoin, has seen a significant drop of around 60% since Friday due to the harsh winter storms currently affecting large areas of the United States. As reported by TheMinerMag, Bitcoin’s hash rate for Foundry […]
EUR/USD drops to around 1.1850 because of increased safe-haven interest
The EUR/USD pair has seen a decline after an initial rise, currently trading around 1.1860 during Asian hours on Monday. Eyes are on Germany’s IFO report due later today. This downward trend seems linked to a stronger US dollar, driven by safe-haven demand—possibly influenced by some recent remarks from US President Donald Trump. Over the […]
Evening summary: Bitcoin drops under $90K, Amazon job cuts increase, gold reaches record levels
Market Updates and Geopolitical Developments Tonight’s update dives into the intersection of shifting markets and global politics. The recent trilateral meeting in Abu Dhabi between President Zelenskiy, the U.S., and Russia produced a spectacle rather than any meaningful advancements, as established territorial disputes seem to solidify into a permanent deadlock. In the world of business, […]
Intel’s stock drops as the company faces production issues and inventory shortages
Intel Faces Stock Drop Amid AI Chip Demand Struggles Intel’s stock experienced a significant drop of up to 17% on Friday, following the company’s admission of difficulties in meeting the soaring demand for its high-performance artificial intelligence chips. The company, based in Santa Clara, California, has been in a transformation phase, trying to capitalize on […]
Murder Rate in the US Drops to Lowest Point in More Than a Century, Report Reveals
U.S. Homicide Rate at Historic Low in 2025 A recent report indicates that the homicide rate in the U.S. has dropped to its lowest level in over a century. The average homicide rate across 35 major U.S. cities is expected to decrease by 21% in 2025, marking the largest single-year decline ever, and likely the […]
Traffic from Canada to New York drops 21% as Hochul points to Trump
No, Canada! The influx of Canadian tourists and visitors heading to upstate New York dropped significantly—21%—over the first eleven months of 2025, according to recent statistics released by the governor’s office. In connection with her $260 billion budget proposal, Governor Cathy Hochul shared that fewer than 3 million travelers crossed from Canada into New York, […]
OKLO Drops 10% Following META Agreement – Insights for Investors
Oklo Co., Ltd. Faces Volatility Despite Major Contract Oklo Co., Ltd. has emerged as a particularly volatile player in the energy sector as we look towards 2026. Meanwhile, Meta Platforms, Inc. has seen a retreat lately, leading some investors to wonder if Oklo’s stock surge was simply ahead of its time or part of a […]
Bitcoin Price Drops to Zero on Paradex Exchange Due to Glitch Causing Widespread Liquidations
Paradex’s Bitcoin Perpetual Contracts Face Major Setback The price of Bitcoin on the decentralized exchange Paradex unexpectedly dropped to $0 overnight due to issues related to database migration that impacted various aspects of the Paradex blockchain, along with its block explorers, bridges, and APIs, as mentioned by several users. This situation was first noted on […]
Bitcoin Price Drops to Zero on Paradex Exchange Due to Glitch Causing Widespread Liquidations
Simply put A database migration problem at the decentralized exchange Paradex caused Bitcoin’s price to display as $0, triggering a wave of liquidations. This issue necessitated a rollback of the blockchain to its last stable state prior to the glitch. As per the exchange’s status page, services have been restored, and users’ funds are secure. […]
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 […]