Bitcoin Mining
Addis Ababa, Ethiopia – November 8, 2025 – Phoenix Group (ADX: PHX), the Abu Dhabi-listed digital asset infrastructure operator, has officially energized a new 30-megawatt (MW) Bitcoin mining facility in Addis Ababa, Ethiopia. This significant expansion, announced on November 6-7, 2025, leverages Ethiopia's abundant hydropower resources, contributing an estimated 1.
Cryptocurrency
The cryptocurrency landscape is undergoing a profound transformation, driven by the emergence of smart wallets and account abstraction. These innovative technologies are rapidly dismantling the traditional barriers to entry in decentralized finance (DeFi), promising a future where interacting with digital assets is as seamless and secure as using conventional online
Bit Digital
New York, NY – November 6, 2025 – Bit Digital Inc. (NASDAQ: BTBT), a prominent player in the digital asset infrastructure space, is experiencing a significant downturn in its stock performance, trading down by -6.86% today. This decline, which saw its stock close at $3.055, reflects heightened market skepticism and
Financial Markets
November 6, 2025 – Since the election of Donald Trump in November 2016, the financial landscape has undergone a dramatic transformation, characterized by unprecedented growth in nascent technologies and digital assets, alongside a steadfast performance from traditional safe havens. While gold and silver have delivered respectable returns, providing a bulwark against
CPI
The latest U.S. Consumer Price Index (CPI) report has sent a wave of relief and optimism across global financial markets, with a "cooler" inflation reading significantly easing long-standing fears and igniting a substantial surge in institutional buying within the cryptocurrency market. This unexpected deceleration in price growth
CPI
A surprisingly "cooler" U.S. Consumer Price Index (CPI) report, released in November 2025 and reflecting October's data, has sent a wave of optimism through global financial markets. Signaling a much-anticipated moderation in inflationary pressures, the report has significantly eased long-standing inflation fears and, crucially, sparked
Financial Markets
[ one to two paragraphs describing the current event and its immediate implications ] As November 3, 2025, unfolds, the financial markets are abuzz with a confluence of significant events. The Dow Jones Industrial Average (DJIA) continues its impressive ascent, buoyed by robust corporate earnings and favorable economic conditions, while the notoriously
Bitcoin
As October 31, 2025, draws to a close, the cryptocurrency market is grappling with a significant shift: Bitcoin (BTC) is on track to record its first monthly loss in October since 2018, shattering a seven-year streak of gains affectionately dubbed "Uptober" by market participants. This unexpected downturn, with
Federal Reserve
October 31, 2025 – Federal Reserve Chairman Jerome Powell's recent commentary on potential interest rate cuts has sent a ripple of uncertainty through global financial markets, significantly impacting the outlook for both gold and cryptocurrencies. While the central bank delivered an anticipated rate reduction, Powell's accompanying remarks
Federal Reserve
The financial markets are currently grappling with nuanced signals from the US Federal Reserve regarding potential interest rate cuts, profoundly influenced by recent statements from Chairman Jerome Powell. As of October 31, 2025, the immediate implications are evident in the divergent movements of gold prices and a cautious, risk-off sentiment
HKEX
The global financial landscape is undergoing a profound transformation, driven by the rapid emergence of cryptocurrencies and digital assets. At the forefront of this evolution, the Hong Kong Exchanges and Clearing (HKEX (HKEX: 0388)) is proactively reshaping its operations to embrace this new digital paradigm. With insights from its leadership,
Cryptocurrency
The cryptocurrency market is once again demonstrating its inherent volatility, with recent dramatic price swings sending tremors across traditional financial markets. As of late October 2025, digital assets, once heralded as an uncorrelated hedge, are exhibiting an increasingly strong and undeniable link to global macroeconomic factors and U.S. equities.