Tech giant’s failed AI energy deals could pull power from Bitcoin
Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources.
Year: 2024
Citi Trader Says Bank Watching for ‘Trump Rip’ or ‘Harris Dip’ As Markets Brace for Election Results
Citi’s US equity strategist says the bank will be looking for trading opportunities this week on election-induced market volatility. Speaking...
Circle CEO sees stablecoins as linchpin for global trade
Circle CEO Jeremy Allaire said stablecoins are poised to become essential financial tools worldwide due to their potential to streamline...
Ethereum Foundation’s Josh Stark highlights ETH’s ‘hardness’ as it hits 3-year low against Bitcoin
Ethereum Foundation contributor Josh Stark highlighted Ethereum’s (ETH) “hardness” as its defining quality in the digital economy, emphasizing its ability...
Election day frenzy drives Polymarket open interest to record levels
Polymarket soared to unprecedented highs on Election Day, with open interest reaching $463 million as users flocked to bet on...
Altcoins face uncertain future amid US election outcome, Bitcoin unshaken
As the US presidential election approaches its conclusion, altcoins have become a focal point for traders, who anticipate a significant...
Coinbase Derivatives to Launch Silver and Stellar Futures
Coinbase Derivatives is expanding its portfolio of CFTC-regulated products with the introduction of futures contracts for silver (SLR) and stellar...
Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The...
MARA Reports 2% Increase in Bitcoin Mining for October 2024; Transaction Fees Account for 5% of Total Production
MARA (NASDAQ: MARA) has released its unaudited Bitcoin production update for October 2024, reporting a total production of 717 Bitcoin,...
Meme Coin Investors Joining FreeDum Fighters Presale as Expert Says it Could 10x Like MAGA
Crypto investors have found their latest obsession in FreeDum Fighters (DUM), a cheeky political satire coin raking in serious cash...
Bitcoin’s Difficulty Soars Past 100 Trillion—How Are Miners Adapting?
Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks...
Bitcoin Pioneer Praises Milei’s Vision in Argentina
Peter Todd, a Bitcoin pioneer recently accused of being Satoshi Nakamoto in HBO’s documentary “Money Electric: The Bitcoin Mystery,” has...
Former Bitcoin Developer Amir Taaki Calls for Ross Ulbricht’s Freedom on Election Day
Amir Taaki, a former Bitcoin developer, voiced strong support for Ross Ulbricht, founder of Silk Road, in a statement released...
Circle CEO Jeremy Allaire Says Stablecoins To Become Regulated Financial Infrastructure ‘Everywhere’: Report
Circle chief executive Jeremy Allaire reportedly thinks stablecoins will become a regulated financial network all over the world. Allaire says...
Whale Trader Stands To Win $48,350,000 on Trump Election Victory: Arkham
A high-conviction gambler stands to win $48,350,000 if Trump prevails in Tuesday’s US presidential election, according to crypto analytics platform...