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WTF happened 53 years ago today — Why the Nixon shock is still affecting us all

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2 years ago

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In his 1971 speech ending the gold standard, Richard Nixon promised to stabilize the dollar, but instead, nearly everything has gone up in price.

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Core Scientific to quit Bitcoin mining by year-end as AI business surges

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2 hours ago

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November 6, 2026

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The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.

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American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI

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4 hours ago

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November 5, 2026

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The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and shrinking margins.

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Crypto ally French Hill wins reelection but set to lose House chair

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4 hours ago

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November 5, 2026

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Republican French Hill secured another term in Congress but will lose his leadership of the House Financial Services Committee when Democrats take control in January.

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