The massive rise of artificial intelligence (AI) is putting a huge strain on the world’s power grids and computing resources. From AI language models to image generators, the demand for processing power is exploding. Surprisingly, a solution might already exist: repurposing cryptocurrency mining data centers. Mining’s Unexpected AI Role Cryptocurrency mining facilities, especially those using…
Brazil’s central bank doesn’t see the US dollar losing its top spot anytime soon. According to their monetary policy director, Nilton David, the dollar’s dominance will likely continue for at least the next ten years. BRICS Won’t Budge the Dollar (Yet) David points out that the BRICS nations – a group of 11 countries including…
The Department of Justice (DOJ) has charged two Illinois men with orchestrating a massive $227 million Medicare fraud scheme. Fake COVID Tests, Real Charges Syed Murtuza Kablazada (34) and Syed Mehdi Hussain (32) allegedly ran medical labs that submitted fraudulent Medicare claims for COVID-19 tests that were never actually administered. The pair allegedly used a…
Bitcoin (BTC) is enjoying a robust rally, with a key metric reaching an all-time high, according to cryptocurrency analytics firm Glassnode. Realized Cap Reaches New Heights Glassnode reports that Bitcoin’s Realized Cap—the price at which each coin last moved, indicating overall investor profitability—has hit a record high, exceeding $900 billion for the first time. This…
Bitcoin’s price has been on a wild ride lately! After hanging around the same price for a while, it blasted past a key resistance level and shot up. It’s hitting new record highs, and showing no signs of slowing down. The Golden Cross: Hype or Lagging Indicator? Interestingly, this rally happened right around the time…
Bitcoin’s been on a tear lately, hitting a new all-time high (ATH) of $111,800! But is this just the beginning? Several analysts think so. Analyst Predicts $120,000 Bitcoin Crypto analyst Tony Severino believes Bitcoin could easily hit between $116,000 and $120,000. He bases this prediction on a recent breakout above the $106,000 price range. Severino…
Bitcoin just smashed its previous all-time high, topping $109,000! Experts are buzzing about what this means for the future of BTC. A New High and What it Means Bitcoin surged past the $107,000 resistance level, hitting a new high of almost $110,000. This is a huge jump from its five-month low of $74,000 – a…
Bitcoin’s recent price surge has caught many off guard, leading to a massive shakeup in the crypto market. Bitcoin Breaks Records Bitcoin smashed through the $110,000 mark, setting a new all-time high of around $111,800. This comes after a period of sideways trading, defying earlier predictions of a continued downturn. While it briefly touched $103,000…
Bitcoin just smashed its previous record high, hitting a whopping $111,888! This is completely new territory, and everyone’s buzzing. Is This Rally Sustainable? While things are looking bullish, experts aren’t popping champagne just yet. Analyst Axel Adler points out that the success of this rally depends heavily on how short-term holders (STHs) and ETF investors…
Dogecoin’s been on a roll lately! After months of sideways movement, it recently broke out, jumping from under $0.14 to over $0.22 in just a few weeks. It’s even climbed above $0.24 now, leaving behind a recent trading range. But could this be just the beginning? A Bullish Signal? Crypto analyst Trader Tardigrade spotted something…
