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Rabu, 05 Maret 2025

Tariff turmoil hits crypto, BTC steadies at $83K

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Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

😭 Tariff turmoil hits crypto

👉 BTC holds at $83K while markets brace

🙋‍♂️ Can solo miners take on the Bitcoin giants?

📰 Keep reading to find out about all of today's top news


Tariff Turmoil Wipes $1B from Crypto Markets

Crypto traders just got hit with a reality check—over $1 billion in liquidations in 24 hours, according to CoinGlass. 

The culprit? A fresh trade war scare. 

On March 4, Trump slapped 25% tariffs on Canada and Mexico, tanking the S&P 500 nearly 2% in early trading. That sudden economic whiplash sent long traders packing, erasing double-digit crypto gains from days prior. 

Just when investors were hyped about a US crypto reserve, the markets pulled a rug.

Off The Grid Drops Its Biggest Update Yet + Rumble Kong League Review

Off The Grid just hit the gas on its biggest update yet, introducing Midtown Harbour to Teardrop Island. The Avalanche-based blockchain shooter now boasts a new cyberlimb, a fresh playable area, and a side event to keep things spicy. According to the game's official Reddit, Midtown Harbour sits right between Little Kyiv and the Marshlands, expanding the battleground for players.

Bitcoin Holds at $83K While Markets Brace for Impact

Bitcoin's wild ride continues, but derivatives markets suggest the worst might be over. With the S&P 500 down 6.5% from its all-time high and trade war fears rattling investors, BTC's recent dip below $83K had traders on edge. 

But big-money whales aren't panicking just yet—derivatives data signals they're betting on a quick recovery.

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BNB Chain scales up network as memecoin activity boosts transaction load

Revised block processing and validator mechanisms aim to balance traffic and fees under heavy meme speculation.

Bitcoin Miners Struggle as Market Rout Intensifies—JPMorgan

Even Bitcoin miners selling AI-powered computing aren't catching a break, according to JPMorgan analysts. With BTC prices sliding and the looming April halving tightening margins, mining stocks have been hammered—shedding 22% in market cap in February alone.

The industry is bracing for impact, but can these mining giants weather the storm?

Can Solo Miners Take on the Bitcoin Giants?

For years, industrial mining farms have dominated Bitcoin, with heavyweights like Marathon Digital and Riot Platforms controlling massive hashrate shares. 

But what if the power shifted? Imagine millions of at-home miners chipping away at the network, breaking corporate dominance, and strengthening Bitcoin's decentralization.

Could solo mining be the unexpected revolution?

—Written by Monica Hutchison

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