Author: driver789
Eskom, a South African electricity public utility, is exploring plans to sell excess daytime electricity to Bitcoin mining companies as rooftop solar installations reduce grid demand during daylight hours. Speaking at the Biznews Conference 2026 in Hermanus, Eskom chairman Mteto Nyati said the utility is evaluating ways to monetize surplus power generated during the middle of the day, according to local reporting. South Africa’s rapid adoption of rooftop solar systems has begun to reshape the country’s electricity demand profile. Many households and businesses now generate their own power during daylight hours, leaving Eskom with unused capacity once solar panels begin…
A crypto trader lost over $50 million in Aave-wrapped USDT on March 12 after sending a single large order through the DeFi lending protocol’s swap interface and clearing a slippage warning on a mobile device.Data from Etherscan shows the wallet swapped $50.43 million aEthUSDT for 327.24 aEthAAVE through CoW Protocol in Ethereum block 24,643,151.At the current AAVE price of $111.52, the returned tokens were worth roughly $36,100, leaving an implied loss of about $49.96 million relative to the original order size.The trade drew immediate attention across crypto markets because of its scale and because it moved through one of decentralized…
The Bitcoin Policy Institute (BPI), an industry advocacy group, is eyeing a target window between March and August 2026 to pass a de minimis tax exemption for Bitcoin through Congress, warning that time to pass meaningful legislation is running out.BPI said it has engaged with 19 Congressional offices in both the House and Senate over the last three months to pitch US lawmakers on a tax exemption for Bitcoin (BTC) transactions below a certain threshold.Expanding the de minimis tax exemptions beyond dollar-pegged stablecoins has bipartisan support, but the BPI warned that the “window is narrowing” for Bitcoin tax legislation. The…
A federal appeals court rejected the final bid of crypto bank Custodia to challenge the U.S. Federal Reserve’s authority over granting master accounts, but the decision arrives at a time that the central bank is opening other avenues for such accounts.A Fed master account grants access to the central bank’s payment rails and full services, allowing an institution to cut out go-between arrangements, so it’s been coveted by emerging crypto banks like Wyoming-chartered Custodia Bank. The bank has been fighting with the Fed for years over the initial rejection of its master-account application, and later over whether the central bank…
Binance suing the Wall Street Journal is not a new kind of signal, as the exchange has fought what it considered hostile coverage before. However, this time the market may read the move differently. In earlier cycles, a Binance-versus-media clash fit neatly into a larger story of regulatory danger. Now, after a softer US enforcement turn and deeper overlap with President Donald Trump-linked crypto networks, the same kind of pushback may be read less as panic and more as confidence. On Mar. 11, Binance sued the Wall Street Journal and Dow Jones over a Feb. 23 report tied to an…
A crypto analyst is calling for a $40,000 Bitcoin price surge within 60 days, and the macro environment may be building the case for exactly that. Bitcoin is still pushing around $70,000, and many traders are watching closely after weeks of volatility across global markets. Bitcoin Will Have Its Turn Very Soon One market participant known as ₿ariksis suggested that the Bitcoin price could surge from $70,000 to $110,000 within the next 60 days if the current macro and technical conditions are set up well. Related Reading The prediction from ₿ariksis is built on rotation across major assets. Gold, silver,…
A Matrixport‑linked whale holds about $300m in leveraged Ethereum and Bitcoin longs with roughly $26m in unrealized profit, concentrating risk and raising liquidation shock potential. Summary On‑chain and derivatives data flag a whale long roughly 120,000 ETH and about 700 BTC across major venues, with notional exposure above $300m. Earlier tracking showed this Matrixport‑linked address up over $22m on 120,000 ETH and 650 BTC; the latest rally has pushed unrealized gains closer to $26m. Double‑digit leverage and high margin utilization mean a few percent drawdown in ETH or BTC could flip this winner into forced de‑leveraging and broader market stress.…
Bitcoin miners are caught in the tightest squeeze of the network’s history, and a new Wintermute report argues that simply waiting for the next bull run is no longer a strategy. Instead, the firm says miners will have to reinvent themselves as infrastructure and treasury managers if they want to make it to the next halving. Wintermute analyst Jasper De Maere says the current mining cycle is structurally different from prior ones in 2018 and 2022. Bitcoin’s design cuts block rewards in half every four years, but this time the price has not doubled over the same window, which means…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum co-founder Vitalik Buterin says the network’s clearest value proposition may not be smart contracts or payments, but something more foundational: acting as a censorship-resistant public data layer. In a post reflecting on conversations at Real World Crypto and related events, Buterin argued that stepping outside “blockchain baggage” makes ETH’s core utility easier to see. “I was recently at Real World Crypto (that’s crypto as in cryptography) and the associated side events, and one thing that struck me was that it was a clarifying experience in terms…
Bitcoin (BTC) price rallied close to a monthly high near $74,000, posting a 10.42% weekly gain, its strongest seven-day return since September 2025. The spot market activity, exchange-traded fund (ETF) flows, and corporate-level BTC accumulation suggest a positive shift in demand, as analysts monitor whether the renewed buying pressure can support a rally to higher price levels. Bitcoin Coinbase premium gap flips after 10 weeksCrypto analyst IT Tech noted that the Coinbase premium gap, which measures the price difference between Bitcoin on Coinbase and global exchanges, currently reads +35.4, marking its first positive print in nearly ten weeks.The metric previously dropped to…