Tag: finance
Exploring AI’s Potential in Response to Bitcoin Mining Slowdown
Galaxy Digital, a prominent Bitcoin mining firm, is exploring the potential of artificial intelligence (AI) to counteract losses in mining revenue and maximize future opportunities. The company recently announced a preliminary agreement with a...
Maximizing Bitcoin Mining Revenue with AI Computing Solutions – Galaxy’s Latest Strategy
The fiercely competitive bitcoin mining industry is presenting miners with a clear choice: either transition to artificial intelligence (AI) computing or face financial losses. Galaxy Digital, founded by Michael Novogratz, is the latest company...
Coinbase Premium Soars to Seven-Month High Amid Increased US Bitcoin Demand
The surge in Coinbase premium to a seven-month high indicates a growing demand for Bitcoin in the United States after Donald Trump's election win. The Coinbase Premium Index, which measures the price difference between...
Benefits of Staking for Ethereum ETFs: Lower Fees and Increased Interest
Staking has been identified as a game-changer that could potentially lower fees and increase interest in Ethereum ETFs, according to crypto analyst Tom Wan. By allowing Ether ETFs to offer near-zero management fees, staking...
Bitcoin ETFs See $621 Million Inflow as BlackRock Records Rare Outflow Post US Election
Bitcoin ETFs have seen a significant increase in inflows, totaling $621 million, following the recent US presidential election results. Fidelity's FBTC received a large inflow of $308.8 million, while BlackRock's IBIT experienced an outflow...
Former FTX CTO Appeals for Non-Custodial Sentence in Bankman-Fried Case
FTX’s former Chief Technology Officer, Gary Wang, is making a plea for a non-custodial sentence as he awaits his upcoming sentencing date on November 20. In a sentencing memo dated November 6, Wang's legal...
Fair Revenue Sharing Proposal by Wintermute for Ethena Protocol
Wintermute, a crypto market maker, has put forth a proposal to introduce a fee switch in the Ethena protocol. This proposal aims to address the lack of transparency surrounding revenue distribution for ENA token...
Solana Price Surges 17% and Surpasses BNB Chain Token Amid Renewed ETF Speculation by...
Solana's SOL token saw an impressive 17% price surge in just 24 hours, driven by the growing anticipation of a Solana ETF being approved. This optimism stems from the recent filings made by Cboe...
Risks of MicroStrategy’s $42B Bitcoin Acquisition Plan: CoinShares Analysis
MicroStrategy's recent announcement of their plan to acquire $42 billion more worth of bitcoin has garnered attention, but according to a report by CoinShares, there are risks associated with this ambitious strategy. The company's...
Understanding Ethereum’s ‘Hardness’: Josh Stark of Ethereum Foundation on ETH’s Recent Performance
Ethereum, a popular cryptocurrency, has recently experienced a significant drop in value compared to Bitcoin. Josh Stark, a contributor to the Ethereum Foundation, discussed the concept of "hardness" in relation to Ethereum's performance in...














