Circle predicts stablecoins will become mainstream global payment method

As artificial intelligence (AI) rapidly works its complex magic on one sector of the economy after another, there is an increasingly pressing need for compute resources to power all this machine intelligence. Training a model like ChatGPT costs more than $5 million, and running the early ChatGPT demo, even before usage increased to its current level,…

Big Oil’s influence over the Bitcoin network is growing stronger due to surging hash rates and distressed mining companies. 274 Total views 6 Total shares Surging Bitcoin (BTC) network hash rates are causing problems for mining companies but might be rolling out the red carpet for energy giants.The Bitcoin hash rate, the amount of computing…

At a recent event, Tom Mutton, the Bank of England’s head of fintech, touted the privacy benefits of CBDCs while denouncing the anonymity of cryptocurrencies. 82 Total views 1 Total shares The Bank of England’s director of fintech, Tom Hutton, recently spoke out on the United Kingdom’s plans to institute a central bank digital currency…

Tuesday, July 9 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) broke the $12,500 mark again.Market visualization courtesy of Coin360Bitcoin is currently up by nearly 6% on the day, trading around $12,545 at press time, according to Coin360. Looking at its weekly chart, the coin…

Filecoin (FIL) is one of the most prominent coins in the storage sector of cryptocurrencies. In the past month, the price and market capitalization of FIL has rocketed to new highs. On April 1, the coin reached $233.68 along with breaking into the top 10 cryptocurrencies by market capitalization. Basically, Filecoin is a decentralized cloud-based data…

The capacity of the Bitcoin (BTC) Lightning Network (LN) has surpassed $2 million on Sunday, Dec. 23, according to data provided by BTC statistics website bitcoinvisuals.com.Despite the year-long bear market, combined with the recent market crash dubbed the “crypto winter,” the Bitcoin Lightning network has seen strong growth throughout 2018.As of Dec. 23, node channels…

The Collins dictionary named ‘AI’ word of the year, describing AI-powered language models as “bursting into the public consciousness” and “much talked about” in 2023. 245 Total views 1 Total shares Artificial intelligence, more specifically its abbreviation “AI,” was crowned word of the year for 2023 in the Collins dictionary, one of the world’s earliest

A framework for digital assets in Europe is moving ahead in the labyrinth of the European Union. 385 Total views 18 Total shares The European Union's planned framework for regulating cryptocurrencies is one step closer to becoming official. On Wednesday, the European Council, which guides the EU's political agenda, announced its position on the Markets…

Bitcoin HODLers are divided on whether now was the best time to sell. But mom and dad... 1085 Total views 5 Total shares Reddit’s r/Bitcoin community continues to pull on our heartstrings. On Thursday, a user by the name of “u/Bigtony96” claimed to have sold their entire Bitcoin (BTC) stash to pay off their parents’…