News
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How Low Can The Bitcoin Price Sink?
The price of Bitcoin (BTC) saw a 19% drop in August, marking its biggest dip for 2024 and its sharpest…
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AI Boom Spurs Surge in Utility Stocks as Power Demand Soars
Key Insights: Utility stocks attract investors due to rising AI power demand, offering a cheaper alternative to high-priced tech stocks.…
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$35T US National Debt Might Boost Bitcoin’s Adoption Rate As ‘Hard Money’
Bitcoin (BTC) might see a new all-time high because of the growing US federal debt, which has exceeded $105,000 for…
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Republican Nominee Donald Trump Says Crypto Could Pay Off US Debt
Former US president Donald Trump continues with his Bitcoin campaign, hoping crypto will pay off US debt. As the clock…
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Gemini Group Projects Crypto Market to Grow Exponentially in Two Years
The New York-based crypto exchange Gemini projects the crypto market to grow within the next two years. On Thursday, the…
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Suno and RIAA Battle Over AI’s Use of Copyrighted Music in Training
Key Insights: Suno admits to using copyrighted music for AI training, asserting fair use in ongoing RIAA lawsuit. RIAA challenges…
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Crypto Exchange Bybit Stops Operations in France Following Regulatory Tussle
Bybit exchange, which has been in a regulatory tussle with Autorite des Marches Financiers (AMF), has decided to halt operations.…
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Hong Kong-based Online Broker Introduces Bitcoin and Ethereum Trading
Futu Securities became the first brokerage in Hong Kong to introduce Bitcoin and Ethereum trading. As per the report, the…
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Samsung’s Q2 Earnings Skyrocket as AI Demand and Chip Prices Drive Growth
Key Insights: Samsung’s Q2 profit jumps 15-fold to $7.52B, fueled by AI-driven chip demand. AI server demand boosts Samsung’s chip…
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Judge Delays Former FTX Executive’s Prison Reporting Due to Dog Bite Injury
Key Insights Ryan Salame’s prison reporting delayed due to severe dog bite injuries needing treatment and surgery. FTX’s legal saga…
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Kraken Users Experience Hard Times Processing Their Mt. Gox Refund
There has been mounting pressure from Kraken users who have accused the exchange of refusing to pay out Bitcoin to…
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Crypto Wealth and BTC Reserves Around the World: Bitcoin 2024’s Most Important Aspects
Politicians from the United States who are in favor of the cryptocurrency industry expressed their views at the Bitcoin 2024…
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Apple Adopts Google TPUs for Efficient Scalable AI Model Training
Key Insights: Apple chooses Google’s TPUs over Nvidia’s GPUs, indicating a strategic shift in AI model training. Apple Intelligence debuts…
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Ethereum ETFs Drive $2.2B Inflows as Grayscale Faces $285M Outflows
Key Insights Spot Ether ETFs debut in the US, generating $2.2 billion in inflows and driving a 542% rise in…
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August to Witness Massive $1.5B Crypto Token Releases from Top Projects
Key Insights: Ripple will unlock 1 billion XRP tokens on August 1 but typically re-locks a significant portion to control…
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Power Grid Faces Strain from Surging AI Data Center Electricity Needs
Key Insights: AI-driven data centers’ power consumption could rise to 16% of total U.S. power by 2030, straining the aging…
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