Bitcoin may attract $2T from new $20T money supply in 2025

The geopolitical tension between Russia and Ukraine has resulted in investors seeking safe-haven assets. Contrary to expectations by crypto investors, Bitcoin (BTC) has failed to rise along with gold and it remains closely correlated with the U.S. stock markets.Lloyd Blankfein, the former CEO of Goldman Sachs, said that the actions of governments freezing accounts, blocking…

Bitcoin (BTC) traders may be gearing up for a sell-off as data shows tens of thousands of coins moving to exchanges.The latest figures from on-chain monitoring resource Coinglass confirm that global trading volume leader Binance’s BTC balance rose by over 50,000 BTC ($1.5 billion) in the past 30 days.Binance takes lion’s share of exchange BTC…

For decades, artificial intelligence (AI) has been a laymen’s lingo. Current technological breakthroughs and advancements have created a surge of interest in a specific type of AI known as generative AI. With its unprecedented ability to generate new and distinctive content that aids human creativity, generative AI revolves around analysis, automation and generation of content. …

Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs. 146 Total views 5 Total shares Last week got off to an antsy start as the clause that many interpreted as a direct route to ban proof-of-work-(PoW)-based cryptocurrencies made a sudden comeback to the draft of the European Union’s…

Buterin says prediction markets are better for settling beef, but Elon Musk says he’s packing historical heat.

by Andrew Fenton 10 min November 29, 2022 “There’s this whole other side of crypto that we just don’t hear about that’s based on Asian culture. And that’s all originating in South Korea.” Maybe it’s the language barrier, or the walls authorities have set up to prevent money from leaving the country. But whatever it…

Institutional trading platform Wootrade has raised $10 million in a private fundraising round that will be used to expand its team and launch leveraged trading products. Wootrade, a Taiwan-based liquidity provider platform and crypto asset exchange aimed at institutions, has concluded a $10 million private investment round led by Dragonfly Capital. Investors in the round include…

DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said.

Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MW of energy. 198 Total views 2 Total shares The Canadian Bitcoin mining firm Hut 8 has signed an interim agreement to launch a new mining site in Cedarvale, Texas, in connection with the