Bitcoin ASIC Maker Bitmain Shifts Gears With US Production Line Amid Incoming Trump Administration

The bitcoin mining machine maker Bitmain is gearing up to roll out a new production line in the U.S., focusing on its application-specific integrated circuit (ASIC) equipment. Bitmain Launches U.S. Production Bitmain shared on Monday through an X post that it plans to kick off a new production line in the United States. “Bitmain is … Read more

Paul Atkins to the Rescue: Crypto-Focused VCs Cheer Trump’s SEC Appointment

Cryptocurrency-focused venture capital firms are optimistic about President-elect Donald Trump’s selection of Paul Atkins as Securities and Exchange Commission (SEC) chair. Trump’s Picks Expected to Reverse Gensler-Era Policies Cryptocurrency-focused venture capital (VC) firms are reacting positively to President-elect Donald Trump’s selection of Paul Atkins as chair of the Securities and Exchange Commission. According to a … Read more

Former Federal Reserve President Says ‘Nothing Good’ Comes From Making BTC a Reserve Currency

A former New York Federal Reserve governor said there are no advantages to making bitcoin (BTC) a government reserve currency. No Exit Strategy Bill Dudley, the former president of the Federal Reserve Bank of New York, argues that there are no advantages to making bitcoin (BTC) a government reserve currency. Dudley, who currently chairs the … Read more

Seismic Changes Ahead? Polymarket and Kalshi Heat Up Over Trump’s Bold Second-Term Plans

With just 44 days left until Donald Trump’s inauguration, prediction markets are buzzing with bets about his first actions as the 47th U.S. president. On Polymarket, for instance, participants currently estimate a 91% probability that Trump will implement a large-scale deportation of undocumented immigrants within his initial 100 days in office. Will Trump Reshape America? … Read more

Trump’s Pardons Predicted: Jan. 6 Protestor, Ross Ulbricht, and Roger Ver Lead Polymarket Bets

A bet on Polymarket, the prediction marketplace, is drawing buzz with its question: Who will President-elect Donald Trump pardon within his first 100 days? Since its launch, this wager has attracted $3,483,995 in volume. On Friday, Dec. 6, Polymarket participants highlighted top contenders, including Ross Ulbricht, the Silk Road founder, and cryptocurrency entrepreneur Roger Ver. … Read more

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