Bitwise CEO Hunter Horsley (what a name, am I right?) couldn’t resist bragging about this milestone on the X social media network. “Look at us now!” he practically shouted into the void. The fund, trading under the ticker $XRP (because why not keep it simple?), raked in a cool $10 million in weekly inflows. Take that, competitors!
The company, in its relentless march, mined 5,686 BTC, a modest increase from the 4,828 BTC of 2024. But what is progress, if not a treadmill of ever-increasing demands? The cost to mine a single Bitcoin soared to $49,645, a stark reminder that in this digital kolkhoz, the more you produce, the more you pay.
On Wednesday, the White House, in a move that surprised no one, formally transmitted Kevin Warsh’s nomination to lead the Federal Reserve to the Senate. This brings President Donald Trump’s pick for the central bank closer to the limelight, or closer to disaster, depending on who you ask.
The fund would be built using digital assets obtained through legal cases – meaning items seized from criminals, or given up voluntarily – and wouldn’t rely on taxpayer money directly. The bill allows the Treasurer to invest up to 10% of public funds in these digital assets and lend them out to earn a profit, as long as it doesn’t create extra financial risk. Strict security measures would be in place, including shared control and data centers located in multiple places.
Mining pools let individual miners combine their computing power, which can make rewards come much faster – up to 10 times quicker for those with limited resources. How a pool distributes rewards impacts how much you earn; some methods, like PPS, offer consistent payouts, while others, like PPLNS, could increase your earnings by as much as 20%, though with more fluctuation. Keep in mind that most pools charge fees, typically between 1% and 3%, which reduces your overall profit, on top of electricity costs. A few large pools control a significant portion of the Bitcoin network’s processing power (around 55%), which raises concerns about the network’s security. Therefore, carefully choosing a pool based on its fees, how openly it operates, and its reward system is crucial for successful long-term mining.
So, the burning question: is ADA about to drop another 31%? Stay tuned, it’s going to be a wild ride.
Morgan Stanley, that bastion of financial wisdom, is inching closer to launching a Bitcoin investment vehicle in the good ol’ US of A. In a recent filing with the Securities and Exchange Commission, they’ve laid out the grand blueprint for the proposed Morgan Stanley Bitcoin Trust. This document reads like a thrilling novel-if the novel was written by accountants detailing custody partners, pricing mechanisms, and operational roles tied to the fund.
Claver, in his latest soliloquy on the digital pulpit of YouTube, weaves a narrative not of mere market cycles, but of utility, liquidity, and a fanciful “supply shock” tied to institutional adoption. “Three digits, four digits-why not the moon itself?” one might jest. His argument hinges on the notion that XRP must first attain a “critical mass” in price and liquidity before it can be used for back-end settlement across tokenized markets. A noble idea, perhaps, but one that ignores the capricious nature of the markets, where logic often yields to madness.
On this fine Wednesday, March 4, we learned from American crypto reporter Eleanor Terrett that Kraken’s banking buddy, Kraken Financial, has received the coveted master account approval from the Federal Reserve Bank of Kansas City. You know, just casually hanging out with the big shots now.
Global market instability continued into 2026, largely due to increasing international conflicts.
