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News & Articles By Sterling Ashworth
06/13/2026
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By Sterling Ashworth
Stock Market Volatility Rocks Bitcoin, Threatening $60K Support
A sharp decline in Big Tech stocks and volatility in oil markets triggered broad sell-offs across financial markets on Monday, June 8 – pushing Bitcoin toward the critical $60,000 support level, according to market data. The Nasdaq composite fell 3.2%, with major technology firms such as Apple, Microsoft and Nvidia losing between 4% and 6% […]
06/08/2026
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By Sterling Ashworth
Bitcoin Price Dips Below “Fire Sale” Territory, Echoing FTX Collapse
Bitcoin price fell below $62,000 on Thursday, June 4, entering the lowest valuation band on the Bitcoin Rainbow Chart for only the second time since the collapse of the FTX exchange in November 2022, according to a report from Bitcoin Magazine. The Crypto Fear and Greed Index registered 12 out of 100, a reading deep […]
06/07/2026
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By Sterling Ashworth
U.S. Treasury Sanctions Iran’s Nobitex Crypto Exchange Amid Regional Conflict
The U.S. Treasury Department imposed sanctions on Nobitex, Iran’s largest cryptocurrency exchange, accusing it of facilitating transactions for Iran’s military, according to a Treasury statement [1]. The action, conducted by the Office of Foreign Assets Control (OFAC), blocks all assets held by the exchange under U.S. jurisdiction and prohibits U.S. persons from engaging in transactions […]
05/31/2026
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By Sterling Ashworth
Bitcoin Hash Rate Flattens as Miners Face AI Squeeze, Fidelity Report Says
Bitcoin’s network hash rate has stalled and mining difficulty has dropped sharply in 2026, signaling that miners are redirecting power and capital toward artificial intelligence (AI) data center workloads, according to multiple industry reports. A mid-year update from Fidelity Digital Assets, as summarized by third-party outlets, describes the year as one of “structural retooling,” where […]
05/25/2026
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By Sterling Ashworth
U.S. Lawmaker Introduces Bill to Codify Strategic Bitcoin Reserve
Rep. Nick Begich, Republican of Alaska, introduced legislation Thursday to permanently establish a U.S. strategic bitcoin reserve, according to a press release from his office. The bill, titled the American Reserve Modernization Act of 2026 (ARMA), is designed to codify President Donald Trump’s March 2025 executive order and give the reserve a durable legal foundation […]
04/27/2026
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By Sterling Ashworth
DOJ Announces Recovery of $700 Million from Chinese-Linked Crypto Scam Compound, Funds to Be Returned to U.S. Victims
DOJ Announces Asset Seizure and Victim Compensation Plan U.S. Attorney Jeanine Pirro announced in Washington, D.C. on Thursday, April 23, that the Department of Justice (DOJ) has recovered $700 million from Chinese cryptocurrency scammers, with plans to return the funds to American victims. The announcement detailed that the funds, which had been restrained to prevent further […]
04/24/2026
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By Sterling Ashworth
U.S. Admiral Highlights Bitcoin’s Cybersecurity Applications in Senate Testimony
WASHINGTON — U.S. Navy Admiral Samuel Paparo called Bitcoin a “valuable computer science tool” for U.S. “power projection,” stating its proof-of-work technology has “really important” applications for cybersecurity, according to testimony delivered during a Senate Armed Services Committee hearing on April 22, 2026. The hearing examined the strategic posture of U.S. forces concerning threats from […]
04/16/2026
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By Sterling Ashworth
Bitcoin Passes Midpoint in Current Halving Cycle, 2028 Supply Reduction Looms
The Bitcoin network has moved past the halfway point of its current four-year halving cycle, with the next programmed reduction in miner block rewards scheduled for mid-2028, according to data from Bitcoin Magazine Pro [2]. The network is currently within epoch five, which began after the halving event of April 2024. Miners currently receive 3.125 […]
04/09/2026
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By Sterling Ashworth
IMF Issues Warning on Financial Stability Risks from Tokenization
Introduction The International Monetary Fund (IMF) has warned that the growing practice of tokenizing traditional financial assets could import risks from cryptocurrency markets into the broader, regulated financial system. This warning was issued in the IMF’s April 2026 Global Financial Stability Report. Officials expressed concern that interconnections between tokenized markets and core finance could destabilize […]
03/24/2026
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By Sterling Ashworth
Escalation in Middle East Raises Costs, Uncertainty for Planned AI Infrastructure Investment
An escalating military conflict between the United States, Israel, and Iran is disrupting global energy markets and supply chains, raising new questions about the viability of a $1.5 trillion buildout of artificial intelligence infrastructure. Major technology firms have pledged that amount for AI data centers and semiconductor supply chains through 2028, according to industry analysis. […]
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