In brief The Bitcoin mining profit/loss sustainability index hit a 14-month low, according to CryptoQuant. The metric measures the price of Bitcoin …
Category:
Blockchain
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Blockchain
SoFi Reports Record Q4 Earnings as Crypto, Stablecoin Push Expands
by Vivek Kumarby Vivek KumarSoFi Technologies reported record fourth-quarter revenue of $1 billion as the US fintech bank reintroduced consumer crypto-based products. According to its earnings …
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Blockchain
European Commission Calls on 12 Countries to Implement Crypto Tax Rules
by Vivek Kumarby Vivek KumarThe European Commission said it will send formal notices to 12 countries for failing to fully implement the EU’s tax reporting rules …
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Blockchain
Gold Is the Real Bubble, Says Ark Invest's Cathie Wood—Not AI
by Vivek Kumarby Vivek KumarIn brief Tech investor Cathie Wood said Thursday that gold is the real asset bubble, not AI. Her comments came a day …
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Blockchain
Experts Warn Data Center Backlash Could Slow AI Infrastructure Growth
by Vivek Kumarby Vivek KumarIn brief Brookings says community resistance to AI data centers is rising over electricity use, water consumption, and public subsidies. The report …
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Blockchain
Crypto Biz: Gold Takes the Lead as Dollar Slides, BTC Recast as Companion
by Vivek Kumarby Vivek KumarBitcoin (BTC) has long been promoted by its most ardent supporters as a hedge against monetary debasement, but as the US dollar …
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Blockchain
CZ Rejects Claims Binance Fueled Historic Crypto Liquidation Crash
by Vivek Kumarby Vivek KumarFormer Binance CEO Changpeng “CZ” Zhao has pushed back against allegations that the cryptocurrency exchange played a role in the largest liquidation …
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Blockchain
Bitcoin Price Holds Steady as Gold Falls and Silver Craters
by Vivek Kumarby Vivek KumarIn brief Gold plunged 9% and silver crashed 28% Friday in a historic selloff following a recent pump. Bitcoin is steady over …