Miner Weekly: American Bitcoin’s 25 EH/s Dream Rests on Chinese Hardware

This article first appeared in Miner Weekly, Blocksbridge Consulting’s weekly newsletter curating the latest news in bitcoin mining and data analysis from Theminermag. American Bitcoin Corp (ABTC), the new proprietary Bitcoin mining carve-out from Hut 8, backed by Eric Trump and Donald Trump Jr., is taking shape as it prepares to go public. The company … Read more

Israel-Iran Conflict Could Trigger Economic Maelstrom Affecting Millions

The ongoing conflict between Israel and Iran has the potential to disrupt global markets and extend to other regions. The Strait of Hormuz, a crucial passage for oil tankers, could be closed as the conflict escalates. Iran-Israel Conflict Might Upend the World’s Oil Markets World markets are once again facing difficulties due to geopolitical tensions. … Read more

Cryptocurrency Remittances Spike 40% in Latin America

According to a report by Chainalysis and AUSTRAC, cryptocurrency rails for remittances are booming in Latam. This use case, which previously struggled to gain momentum, is currently experiencing significant growth, with volumes increasing by over 40% in 2024 and the potential for further growth as stablecoins go mainstream. Cryptocurrency Remittances Grow 40% in Latam With … Read more

Corporate Bitcoin Holdings a ‘Blessing’ Now, Challenge Later, Says Roxom CEO

Roxom Global CEO Borja Martel Seward has warned that when the bull market eventually ends, it could trigger a bearish phase, potentially causing some bitcoin treasury companies to struggle. Bull Market to Persist for Months As global macroeconomic uncertainties continue to ripple through traditional financial markets, the bitcoin landscape is charting its own course, presenting … Read more

Sonic Integrates Bubblemaps V2 to Enhance Onchain Intelligence

Responding to the surging demand for transparency in decentralized finance (DeFi), Sonic Labs is boosting its onchain intelligence by integrating Bubblemaps V2, giving users better visibility into wallet behavior and token flows. Deeper Visibility into Wallet Behavior and Token Flows Sonic, the high-performance EVM blockchain, is significantly bolstering its on-chain intelligence capabilities through the integration … Read more

Vietnam Joins BRICS as 10th Partner in Push for Stronger Global South Ties

Vietnam’s entry into BRICS cements the bloc’s rise as a global powerhouse, expanding its partner network to 10 nations and accelerating momentum for systemic financial realignment. BRICS Welcomes Vietnam, Underscoring Push for Inclusive World Order As BRICS continues expanding its global footprint, Brazil, serving as the current chair of the group, announced on June 13 … Read more