Tom Lee, co-founder and head of research at Fundstrat Global Advisors and the chairman of Bitmine (an Ethereum treasury company), provides a bullish outlook on both Bitcoin and Ethereum. They each have distinct use cases and potential for massive growth. The conversation covers the bull cases for each asset, short-term catalysts, regulatory developments, and broader …
CoreWeave is buying Core Scientific, Bitcoin miner, for $9 billion. It is an all-stock deal to speed up AI data center construction and deployment. • Core Scientific’s 1.3 GW power capacity over 11 U.S. sites • $10B in lease savings, $500M in annual cost cuts by 2027 HIVE estimates 10 MW of NVIDIA H100 GPUs …
2024 has been a groundbreaking year for the cryptocurrency industry and the stage is set for significant advancements in 2025. Key developments like the approval of spot Bitcoin ETFs, the resurgence of decentralized finance (DeFi), the rise of asset tokenization, and the growing adoption of artificial intelligence (AI) have drastically reshaped the competitive landscape. In …
The next Bitcoin halving is April 19, 2024. This is driving Bitcoin towards $70-100k. About every four years or every 210,000 blocks added to the blockchain, bitcoin miners’ rewards for contributing will be cut in half. IF the reward for mining a block was 40 bitcoins, after its first halving it will be 20, and …
February 15, 2024 – Nexo, the leading institution for digital assets, announced a partnership with Sift, the Leader in Digital Trust & Safety. By working with Sift, Nexo will be able to revolutionize its approach to fraud prevention, enhancing security measures and ensuring a safer, smoother, quicker, and more reliable experience for the company’s over …
Every four years, an event occurs in the Bitcoin ecosystem that sets off a chain reaction. As predictable as an astronomical phenomenon, the Bitcoin halving has consistently fueled excitement through parabolic price rises and exponential increases in global visibility that bring waves of new adopters. Image Source For those of you unfamiliar with the concept, …
Quantum computers leverage some aspects of quantum physics to make computers. They can create huge amounts of quantum states but it is also difficult to make the actual algorithms to use the abundant states. A classical (regular) computer would need more atoms than are in the entire universe to match the number of quantum stats …
Bitcoin started 2023 at about $16,600 and today traded above $40,000. It has traded over $42000 and on Monday is at $41,500. Most of the year, Bitcoin traded between $20,000 and $31,000. Bitcoin was over $61,000 in October, 2021. Bitcoin’s all-time high price was $68,789.63. This price was reached on November 8, 2021. Bitcoin bulls …
SSV.Network, the Ethereum infrastructure provider developing Distributed Validator Technology (DVT) has hit major milestones within weeks of launch. More than $100M in ETH has been staked into its protocol and its network now comprises 2000 validators. The benchmarks were hit just two months after the protocol’s launch. SSV’s implementation of DVT is designed to strengthen …
Binance, the world’s largest crypto exchange, was criminally charged with breaking sanctions and money-transmitting laws and agreed to pay $4.3 billion to settle case. Founder Changpeng “CZ” Zhao pled guilty to charges he personally faced and agreed to pay a $50 million fine. CZ is resigning as CEO. Richard Teng, a former Abu Dhabi regulator …
Layer 3 blockchain Orbs has generated plenty of press of late, a result of its native token surging in value. While the positive $ORBS price action was largely credited to an expansion in its market accessibility, a series of notable developments within the Orbs ecosystem cannot be overlooked. Another aspect which should be discounted is …