Author: NBTC
The rapid proliferation of AI data centers may have a positive impact on the bitcoin mining industry. AI data centers are just as hungry for cheap energy as miners are, so they reduce the number of new mines being spun up. Down the line, cheap electricity may be in such short supply that hashprice will stop falling. The rise of artificial intelligence (AI) data centers might turn into a boon for bitcoin miner economics — even the ones that don’t work with AI. The reason? The competition between AI data centers and bitcoin miners for cheap electricity could end up…
The fact that Bitcoin ETFs are expected to surpass one million BTC in holdings is a noteworthy milestone that highlights the widespread institutional adoption of the digital asset. Currently, the total ETF holdings represent 97% of the way to holding one million BTC, with BlackRock’s spot Bitcoin ETF leading the pack with nearly 400,000 BTC. ETFs are expected to overtake Bitcoin’s anonymous creator, Satoshi Nakamoto, as the largest BTC holder at this rate. Currently Satoshi’s estimated 11.1 million Bitcoin holdings are unrivaled, but given how quickly ETFs are accumulating, this might not last for long. BlackRock is approaching the 400,000…
The decentralized physical infrastructure network project, Grass, has captured the spotlight following a substantial airdrop of its governance token, GRASS. The token saw a remarkable surge of 125% just three days post-launch, indicating strong market enthusiasm. Contents hide 1 What Caused the GRASS Price Increase? 2 Was This Airdrop a Record-Breaker? 3 Insights into the Grass Project and Token 4 How Does Grass Operate? What Caused the GRASS Price Increase? Currently, GRASS is trading at $1.82, marking a 60% rise, with a market cap of $450 million and a daily trading volume surpassing $400 million. This surge has catapulted GRASS…
MiCA compliance is the main catalyst that will separate winners from losers across Europe’s crypto industry. Companies that embrace the framework’s rigorous standards won’t just stay afloat; they’ll dominate, using compliance as a strategic weapon to outpace competitors, drive mergers and acquisitions, and secure their position in a rapidly consolidating market. MiCA’s introduction is poised to ignite a surge in mergers and acquisitions across Europe’s crypto sector, as regulatory compliance becomes a key driver of deal-making. Firms that master MiCA’s standards won’t just protect their market positions — they’ll gain a competitive edge, leveraging compliance credentials to attract partners, investors…
DWF Labs, a crypto venture capital company, has announced the launch of its Listing Bot on Telegram. The bot gives users instant notifications across ten major exchanges, including Binance, HTX, Gate.io, Bybit, OKX, KuCoin, MEXC, Coinbase Exchange, UpBit, and Bithumb. Likewise, users can track real-time spot and futures listings, launchpad announcements, and multiple currency pairs (USD, SGD, THB, KRW, IDR). Excited to share what our team at DWF Labs has been working on – we’ve just launched a comprehensive listing bot on Telegram that tracks real-time announcements across 10 major exchanges.Join the channel here:https://t.co/UveFWrAe5B#DWFLabs #CryptoTrading — Stefano Virgilli (@stefanovirgilli) November…
Michaël van de Poppe, a renowned market commentator and macroeconomist, has shared a bold, optimistic outlook for Bitcoin. His latest commentary suggested that the leading cryptocurrency could test its all-time high (ATH) within the next two to four weeks. His prediction follows a minor market correction that he believes has concluded, potentially paving the way for a price rally. Notably, Bitcoin hovered around the $65K level on Wednesday after an unsuccessful attempt to reach the $70K region at the start of the week. The pullback resulted in approximately a 6% correction in Bitcoin’s price. Bitcoin to Test $73K “In Two…
Ripple CEO Brad Garlinghouse comments on the growing institutional interest in XRP following 21Shares’ filing to launch a spot-based XRP ETF. 21Shares Files to Launch XRP ETF Yesterday, leading asset manager 21Shares became the latest company to submit an S-1 registration to the U.S. SEC for an XRP exchange-traded fund (ETF). The move comes weeks after companies like Canary Capital and Bitwise submitted a similar application. According to the latest filing, the proposed fund, dubbed 21Shares Core XRP Trust, seeks to give investors indirect exposure to the seventh-biggest cryptocurrency by market cap. Typically, the fund will track XRP’s spot price…
In South Korea, a significant development is brewing as the opposition Democratic Party of Korea (DPK) proposes raising the crypto tax exemption to 50 million won (approximately $35,900). The move can help bring additional capital in the local digital asset market as sound regulations gradually take shape in the country. According to a report from local media outlet Seoul Shinmun, the National Assembly’s Strategy and Finance Committee will discuss the DPK’s proposal on November 26th to reach a decision. This follows the DPK’s recent disapproval of the government’s decision to delay the planned crypto taxation framework until 2027. Read also:…
Revolut celebrates a new milestone: reaching 50 million customers globally. In Italy alone, the fintech app has about 2 million users. Revolut’s goal now is to succeed in creating a global bank. Revolut celebrates the new milestone of 50 million customers globally Revolut app and its presence in the crypto world The plan to launch its own stablecoin? Revolut celebrates the new milestone of 50 million customers globally Today, the super fintech app of Revolut is celebrating its new milestone: 50 million customers globally. https://twitter.com/RevolutApp/status/1858782337166676239 “50 million customers in 38 markets in 9 years. It is a milestone worth celebrating.…
The Pennsylvania House of Representatives passed a bill providing regulatory clarity for digital assets, protecting residents’ rights to self-custody, enabling Bitcoin payments, and setting guidelines for taxing Bitcoin transactions. House Bill 2481, referred to as the Bitcoin Rights Bill, passed with overwhelming bipartisan support, garnering a 176-26 vote and unanimous backing from all 100 Republican members. This legislative push comes amid mounting federal uncertainty about crypto regulation, with agencies like the SEC and the CFTC debating jurisdiction. In Pennsylvania, however, lawmakers are taking matters into their own hands, crafting laws with the help of advocacy groups such as the Satoshi…