Bitcoin falls below $58K for the first time in 2 months
The price of Bitcoin briefly dropped as low as $57,900 amid a wider sell-off in the crypto market.
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Crypto miners in Texas’ ERCOT region are now required to report power demand
PUCT Chairman Thomas Gleeson said the new rule was designed to help manage the power grid as more mining facilities come online.

US Court of Appeals reboots HEX manipulation case against Binance.US
A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token.

Chinese Bitcoin Miners Pressured to Scale Down Due to Electricity Shortages
Bitcoin (BTC) miners in the Chinese province of Sichuan are reportedly under pressurelocal authorities to scale down their operations due to electricity shortages.On Dec. 29, the Asia Times reported that during the dry season, which extends from October through April, the electricity supply drops drastically in Southwest China, which is why local authorities are tightening…

Can blockchain supply the guardrails to keep AI on course?
Artificial intelligence (AI) and blockchain are emerging digital technologies that have captured the public imagination but also raised serious concerns.So it bears asking: Can AI and blockchain be integrated in a way that benefits humanity? There are reasons to think so. As far back as 2016, Vitalik Buterin wrote that both the crypto economics and

Bitcoin Can Hit $250K in 2020, Reaffirms Tim Draper as Dominance Rises
Bitcoin (BTC) passed $7,200 a second time on Dec. 19 as previous bearish moves gave way to a return to higher levels.Cryptocurrency market daily overview. Source: Coin360BTC shows signs of a bullish comebackData from Coin360 and Cointelegraph Markets showed BTC/USD holding ground recovered above the $7,000 mark late on Wednesday. At press time, the pair…

MakerDAO Takes New Measures to Prevent Another ‘Black Swan’ Collapse
The decentralized finance lending market Maker, like many crypto participants, suffered losses during the price collapse of “Black Thursday” on March 12. The price of Ether (ETH) declined by about 50% within 24 hours, triggering a zero-bid attack as the Maker system became swamped with a huge volume of liquidations.In the aftermath of the crisis,…

Load variability is key to AI energy infrastructure — TeraWulf CTO
United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority.

ETH en route to overtake its 2018 ATH as Bitcoin breaks $37K
Bullish fervor surrounding Ethereum (ETH) intensified on Wednesday, as the second-largest cryptocurrency broke above $1,200 for the first time in three years. The gains were largely driven by a confluence of fundamental factors, including Bitcoin’s parabolic rally, the anticipation of ETH futures contracts and a surging DeFi sector. ETH price exceeds $1,200Ether’s value peaked at $1,223.84…