The IMF warns that these two major industries are comparable to "electricity-hungry giants": their power consumption approaches that of a major economy.

①IMF Deputy Managing Director Gita Gopinath is concerned that the energy consumption and carbon footprint of cryptocurrency mining and datacenters are rapidly increasing; ②She expects that by 2027, the share of these two industries in global electrical utilities may rise from 2% in 2022 to around 3.5%; ③This level is comparable to the current electricity consumption of Japan, the world's fifth largest electricity-consuming country.

cls.cn05:11 ET

Bitcoin will launch another offensive.

The next key resistance level may be $92,500.

Jinse Finance01:41 ET

Is Ethereum Staking Enough to Counter ETH's Struggles Against Bitcoin?

AMBCryptoNov 17 09:00 ET

Spot Bitcoin ETF Options – How U.S Exposure Is Set to Soar After CFTC's Notice

AMBCryptoNov 17 00:00 ET

AVAX's Rally Odds – Here's Where the Altcoin's Metrics Really Stand!

AMBCryptoNov 16 05:00 ET

Trump's Promise Vs. Gensler's Defense: Is the SEC Awaiting Change?

AMBCryptoNov 16 00:30 ET