AI gold rush draws crypto firms away from Bitcoin
Companies that once filled warehouses with computers to earn Bitcoin - a process known as mining - are now using that computing power for AI.
Companies that once filled warehouses with computers to earn Bitcoin - a process known as mining - are now using that computing power for AI.
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A massive power failure caused widespread chaos. People dug out lanterns and old radios, and companies scrambled to save what production they could.
As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…
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Grayscale withdrew its ETF applications for Cardano, Hedera, and Polkadot this week, prompting questions about whether altcoin ETFs are losing momentum. Zach Pandl of Grayscale pushed back on that read.
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Elon Musk’s SpaceX plans to invest $100 billion in a new spaceport in Vermilion Parish, Louisiana, as the company builds out infrastructure for its Starship rocket.
The crypto market flipped from fear to "extreme greed" this week for the first time since 2024, and the Ripple-linked XRP rode that wave hard.
Energy bills for millions of households are expected to rise this winter to the highest level for three years, under a price cap to be announced by the industry regulator on Wednesday.
The cryptocurrency market has entered “extreme greed” territory for the first time since late 2024, according to the Crypto Fear and Greed Index.
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High home prices and elevated mortgage interest rates are keeping some buyers on the sidelines.
Tokenized real-world assets on Solana are nearing $4 billion as network activity accelerates alongside a broader recovery in crypto markets.
Back to school can stir up many emotions for parents, including anxiety about the extra costs it brings.
Central bank digital currencies (CBDC) are digital tokens issued by central banks. In a way, they are the digital version of cash; their value is guaranteed by a central bank. Unlike money held in credit cards and mobil…
World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network, allowing institutions to use it to settle transactions involving tokenized real-world assets.
Alibaba is set to release Qwen 3.8-Flash-Next on Wednesday, a 125-billion-parameter model that activates just 6 billion per token. The Qwen team framed it as a preview of the next-generation Qwen 4 architecture, not a f…
CryptoQuant says Bitcoin’s 24% rally has flipped key market indicators bullish, though rising profit-taking could bring near-term turbulence.
Mistral and HUMAIN today announced plans to build “sovereign AI infrastructure” in Saudi Arabia and across the region. Per the joint announcement, the work "represents a collaboration in the hundreds of millions of euro…
Bloom Energy shares jumped more than 6% in premarket trading Tuesday after a financial disclosure from Representative Nancy Pelosi revealed a multimillion-dollar household investment in the fuel-cell company.
Brad Garlinghouse says XRP has already cleared its legal hurdle. Ripple’s CEO pointed to a federal judge’s ruling from the company’s four-year fight with the SEC: XRP itself is not a security.
Gold extended its August rally as a weaker dollar and falling yields boosted demand, while Bitcoin briefly climbed above $80,000 for the first time since May.
Bitcoin futures traders have all but abandoned crypto as collateral. The share of Bitcoin open interest that is crypto-margined—positions backed by Bitcoin itself rather than a stablecoin—is now about 12% across all exc…