As the Bitcoin halving approaches, the cryptocurrency mining industry is gearing up for a supply shock that will impact the rewards revenue for miners. Many publicly listed mining companies have been making strategic moves to ensure they are well-prepared for the event. This includes placing orders for new mining equipment, increasing electricity capacity, and growing
When considering the purchase of a newly built home, potential buyers may be surprised by the high costs associated with such properties. The median sale price for new construction in the U.S. was reported to be $400,500 in February, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development.
The looming threat of currency depreciation in Asian countries is a topic of concern and uncertainty, as a wave of ‘beggar thy neighbor’ exchange rate policies could potentially hit the continent. While it may not necessarily be a full-blown currency war, the region is bracing for skirmishes due to various factors such as a resurgent
In a groundbreaking move, ChainwireUnicorn, the pioneer proof-of-stake (PoS) meme blockchain, recently made headlines by announcing the airdropping of UNICORN coins to over 30 communities. This ongoing event specifically targets NFTs and memecoin communities, aiming to engage crypto enthusiasts across different networks like Ethereum, Solana, and Cosmos. What sets this airdrop apart is its simple
Despite recent safety issues and concerns within the aviation industry, airline executives remain optimistic about the future of air travel. United Airlines and Delta Air Lines both reported record numbers of travelers for the upcoming summer season, indicating a continued strong demand for flights. This comes in the midst of persistent inflation and high-profile safety
The municipal bond market experienced little change on Wednesday as the supply of bonds slowed down and small inflows into muni mutual funds returned. This shift occurred amidst falling U.S. Treasury yields and losses in the equities market. The Investment Company Institute reported a slight increase in municipal bond mutual funds for the week ending
The recent statement made by Ripple CTO David Schwartz regarding the real identity of pseudonymous Bitcoin creator Satoshi Nakamoto has sparked intense debate within the crypto community. This all began with a claim from a prominent member of the Bitcoin community, “Ryuushi,” who believes that Craig Wright is still the most likely candidate to be
The upcoming bitcoin halving is a significant event that will impact miners by cutting their main revenue stream in half. Despite the potential risks associated with this, analysts believe that larger, publicly traded mining companies are well-prepared to weather the storm and even thrive in the aftermath. The recent weakness in mining stocks has created
In the ever-evolving world of infrastructure law, Norton Rose Fulbright has made a significant move by bringing on board Patrick Harder to co-head the firm’s U.S. and North America infrastructure groups. Harder, a seasoned attorney with over 20 years of experience in public-private partnerships (P3) and infrastructure, joins Norton Rose after an impressive tenure at
The U.S. dollar has experienced a slight decline in early European trade, with the Dollar Index tracking 0.1% lower at 105.960. This drop comes after the greenback reached a five-month peak of 106.51 on Tuesday. The shift in the dollar’s value can be attributed to comments made by Fed chief Jerome Powell, indicating that interest