Bitcoin miners cut costs, embrace AI post-halving: CoinShares
Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said.
Related Posts
AI agents could be policing all crypto txs within 5 years: Chainalysis CEO
Chainalysis CEO Michael Gronager believes “it’s not much further away” before governments use AI agents to catch onchain crypto wrongdoers.
Detroit residents will be able to pay taxes with crypto from mid-2025
Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.
Overstock’s Blockchain Arm Receives $5 Mln From Chinese Firm Following Delays
Overstock’s blockchain subsidiary tZero has finally secured a $5 million investment from Chinese investment firm GSR Capital, Overstock announced on its latest earnings conference call on May 9.Following an investment in cash and marketable securities, Overstock evaluated tZero's worth at $1 billion, which is $500 million less than the company initially projected in August 2018.The…
US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year
FDIC's acting chairman stated that the work on crypto-related guidance for U.S. banks is underway. 257 Total views 4 Total shares Martin J. Gruenberg, the acting chairman of the Federal Deposit Insurance Corporation, or FDIC, named “crypto-assets” among the agency’s key priorities in 2022, alongside addressing financial risks associated with climate change and promoting amendments…
Advancing Policy: Regulator and Industry Coordination Key to Swift Implementation
“Coming together is a beginning, staying together is progress, and working together is success” — the words of Henry Ford give expression to the spirit of collaboration that defines human progress. His ethos around unity extends to many societal strands, including endeavors of profit, community initiatives and far-reaching government policies. When navigating uncharted territory, such…
Bitcoin sets up lowest weekly close since early March as 4th red candle looms
It's touch and go as to whether BTC can avoid its first four weekly candles in the red since June 2020. 437 Total views 30 Total shares Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance bids…
Price analysis 1/3: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, XLM, BCH
The U.S. bond yields have softened and this has ignited investor's appetite for risk-on assets. After a negative closing last week, the S&P 500 has started the current week on a positive note. Thi bullish sentiment has also rubbed on to the crypto sector, which is surging higher, led by Bitcoin (BTC). After Tesla and Mastercard’s foray…