BitMart announced it will wind down its crypto trading platform by January 31, 2027, due to unfavorable market conditions and strategic shifts. Starting July 26, 2026, it will stop accepting new users and suspend deposits, with all trading ceasing by August 26. Users are urged to withdraw assets before deadlines, as withdrawals will remain available but may face extended processing times. This closure reflects ongoing challenges in the crypto market, with other firms like BitMEX also shutting down.
The European Union has added crypto exchange HTX to its sanctions list, banning all transactions between EU entities and HTX starting August 23. This move is part of the EU's 21st sanctions package targeting entities allegedly helping Russia evade fi...
Alphabet's stock has fallen about 14% in under two weeks due to market concerns over rising capital expenditures and negative free cash flow. However, Google Cloud is rapidly growing with a $514 billion backlog and operating margins above 35%, rivali...
Bitcoin mining's annual electricity demand increased 38% from 138 TWh in June 2024 to about 190 TWh by December 2025, driven by more mining machines and higher computing power. Hydropower overtook natural gas as the largest energy source, contributin...
Ethereum has been trading below its realized price, indicating it is cheap and attracting steady accumulation as exchange reserves fall. Recent increases in smart contract deployment and median tip fees suggest genuine short-term demand, while subdue...
Cash App has eliminated all fees and spreads on Bitcoin purchases exceeding $2,000 and on all recurring automated buys, making it one of the cheapest options for Bitcoin investors in the US. This move targets long-term holders who use dollar-cost ave...
