T-Mobile’s parent company, Deutsche Telekom, is trying out a new way to use renewable energy: Bitcoin mining. Using Excess Energy for Bitcoin Deutsche Telekom’s subsidiary, MMS, is partnering with Bankhaus Metzler to launch a pilot project in Germany. The goal is to use excess energy from renewable sources to power Bitcoin mining operations. This isn’t…
Venture capitalist Chamath Palihapitiya is sounding the alarm about the US economy. He claims that while official reports paint a rosy picture, the reality is much bleaker. Government Spending is Masking a Deeper Problem Palihapitiya argues that government spending is artificially propping up the economy. He points out that if you remove government spending from…
Bitcoin has been on a bit of a downward slide lately, losing about 7% after hitting a new high of $73,620 last week. Some analysts are seeing this as a potential sign of a reversal, but others are still bullish. A Tight Race and Market Uncertainty A Singapore-based crypto trading firm, QCP Capital, is betting…
The Crypto World is Buzzing Over the weekend, the crypto world was abuzz with talk about listing fees. Binance and Coinbase, two of the biggest crypto exchanges, were accused of demanding millions of dollars from projects to get listed. This sparked a heated debate about listing requirements, competition between exchanges, and even some good old-fashioned…
Crypto investment funds are having a moment. They’ve seen a massive influx of cash this year, hitting a record $29.2 billion. That’s a lot of money! Bitcoin Leads the Charge Bitcoin is the clear winner, with investors pouring $2.16 billion into Bitcoin-related products last week alone. This is a big deal, and it’s pushing the…
Binance founder, Changpeng Zhao (CZ), is back in the spotlight after spending four months in jail. He recently spoke at the Binance Blockchain Week conference and on a podcast, sharing his experiences and future plans. Back in the Public Eye CZ served time for violating the Banking Secrecy Act and accepted a plea deal. He…
Deutsche Telekom, Europe’s biggest telecom company, is getting into the Bitcoin mining game, but with a twist. They’re not just setting up a bunch of computers to crunch numbers; they’re using surplus renewable energy to power their mining operation. A Green Approach to Bitcoin Mining The project, a collaboration with Bankhaus Metzler, is all about…
Crypto exchange Kraken is making some big changes, including a new CEO and a shakeup of its staff. The company is aiming to become the top crypto exchange in the world and says it needs to be more efficient and agile to reach that goal. Streamlining for Success Kraken’s co-CEOs, Arjun Sethi and Dave Ripley,…
Crypto analyst Benjamin Cowen thinks Ethereum (ETH) could be in for a significant price drop in the coming weeks. He’s predicting a “final capitulation,” which means the price could plummet to as low as $1,000. Why Cowen Thinks Ethereum Will Drop Cowen is basing his prediction on historical patterns. He points out that Ethereum has…
Analyst Says Key Metrics Are Looking Good Real Vision analyst Jamie Coutts is seeing green for Bitcoin. He believes that several key indicators are flashing bullish signals, suggesting that a crypto bull market could be on the horizon. Bitcoin Metrics Are Cooling Down Coutts says that Bitcoin’s price has been consolidating for the past seven…
