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Trump’s 100% Tariff Threat: South Africa Denies BRICS Currency Plan


South Africa has denied reports that the Brazil, Russia, India, China and South Africa (BRICS) economic bloc is planning to create its own currency. Trump Demands BRICS Nations Shun Alternative Currencies Rattled by U.S. President-elect Donald Trump’s 100% tariff threat, South Africa has dismissed...

The Death of Meta’s Libra: A 100% ‘Political Kill’


David Marcus, former head of Libra at Meta, described how the project ended at the hands of personalities in the high echelons of political power. He remarked that this happened even after satisfying the demands of lawmakers and regulators. David Marcus Tells How Libra Died for Purely Political...

BTC Miner Cipher Expands Texas Operations With 100 MW Data Center


Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West Texas. Cipher Mining Secures Strategic Site for Bitcoin Mining Expansion According to Cipher Mining’s (Nasdaq: CIFR) announcement, the new facility, known as the Stingray...

MicroStrategy Retail Investors Caught Out On the Wrong Side of MSTR Trade


MicroStrategy is currently up 416%, year-to-date, but it's down almost 40% from its all-time high, which was set on Nov. 21. MicroStrategy's net asset value premium has dropped to 2.09. On Nov. 20, MicroStrategy saw the largest daily retail buy on record, retail investors bought nearly $100 million...

Bitcoin's Tumble to $91K Evokes Thanksgiving 'Massacre' of 2020


Bitcoin suffered a steep decline four years ago around Thanksgiving after being turned away at the $20,000 level.The action this year after failing at $100,000 is similar, though less severe so far.Those who bought the dip in 2020 didn't have to wait long to be rewarded

Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall


ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index.The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.Bitcoin is likely to move sideways...

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