The "promising company" mentioned by Musk has reached a major agreement! Together with partners, they will build a giant AI datacenter.
Goodbye bitcoin, hello AI! Digital currency miners continue to send this signal. Technology company Lancium and one of the largest bitcoin mining companies in the USA, Crusoe Energy Systems, announced a deal worth billions of dollars on Thursday morning. The plan is to build a 200-megawatt datacenter in the suburbs of Houston, Texas, USA, and this is just the first phase of a larger 1.2 gigawatt datacenter construction plan.
The number of listed cryptocurrencies on major exchanges has exceeded the total amount in 2023.
CCData, a cryptos market data provider, found that different exchanges have different strategies. Since early 2023, the number of new tokens listed on Bybit has increased by 83% in exchanges with high trading volume. Coinbase, on the other hand, is the most conservative, with an increase of only 8.2% in the number of new tokens listed during the same period.
Bitcoin, Ethereum, Dogecoin In Full Meltdown As Mt.Gox Moves $2.7B To New Wallet: King Crypto Decline To $51K Feared By Analyst
The cryptocurrency market bled profusely Thursday, as investors shuddered about the movement of billions of Bitcoin (CRYPTO: BTC) ahead of a probable sell-off.
Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?
The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.
Ether ETFs Inch Closer to US Approval, London Launces Crypto ETNs
As the SEC paves the way for Ether ETFs and the London Stock Exchange debuted a batch of ETNs linked to Bitcoin and Ether. Bloomberg's Emily Graffeo and Emily Nicolle have the story.
Bitcoin's Correlation with Tech Stocks Surge: What's Next for Cryptocurrency?
Bitcoin has surged over 58% YTD, while the NASDAQ 100 Index has posted an 11% gain. According to Bloomberg, the two have moved in an increasingly correlated manner.