Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as BTC’s downturn pushes mining profitability close to historic lows. Data from CryptoSlate shows Bitcoin trading around $64,000, nearly 50% below its October peak, while elevated network competition and weak transaction fees continue to squeeze miner revenue. Those pressures have made […]
The post Bitcoin miners pour billions into AI – but the pivot could leave them regretting it within a year appeared first on CryptoSlate .
STCE kept the same ticker, fee, objective and index while its largest holdings included miners and Trump Media.
The post Schwab rebrands $232M crypto ETF with NLP buzzword without changing a single investment appeared first on CryptoSlate .
Bitcoin (BTC) price is up by 1.41% today, July 29, to trade at $64,370 at the time of writing. The gains come despite growing concerns that the AI sector is in a bubble, with the secretary general of the Financial Stability Board, John Schindler, saying that the sector could trigger another financial crisis. Schindler’s warning
The post Bitcoin Price Prediction as FSB Chief Fuels AI Bubble Fears After $650B Tech Selloff appeared first on CoinGape .
Bitcoin fell over the past 24 hours as traders positioned for a Federal Reserve decision that could break a market pattern dating back more than three decades. Data from CryptoSlate showed the largest cryptocurrency falling as much as 3% to $62,913, its lowest level in nearly two weeks, before recovering to $63,795 as of press […]
The post Kevin Warsh’s no-guidance Fed breaks a 30-year playbook – leaving Bitcoin vulnerable to surprise rate hike appeared first on CryptoSlate .
Recently, HTX’s first-ever TradFi “Trade to Earn” campaign concluded successfully. The campaign leveraged innovative gameplay – “24/7 mining” and “up to 110% fee rebates” – to ignite significant trading enthusiasm for traditional finance assets within the crypto market. HTX’s official data reveals impressive results: the campaign generated a total trading volume of 63.37 million USDT,
The post HTX’s First TradFi “Trade to Earn” Campaign Unleashes New Trading Momentum: Rewards Exceed $23,000, Fee Savings Reach 1.8 Billion $HTX appeared first on BeInCrypto .
Bitcoin ETFs lost 3,170 BTC in a week as Ethereum funds added 37,959 ETH, extending a third straight inflow streak.
The post Bitcoin ETFs Bleed While Ethereum Funds Post Third Straight Weekly Inflow appeared first on BeInCrypto .
Citadel's macro team says Wednesday's hike isn't about the data. It's about Warsh's best shot at making a surprise actually count before the market stops being surprised.
Oil prices surged 5% on Wednesday after the US and Saudi Arabia forces carried out joint strikes against Iran-aligned militant groups in Iraq. US stock futures erased gains and Bitcoin price slipped as Iran launched a surprise attack on US forces in the Middle East. Ad Ad US-Saudi Arabia Confirms Strikes Against Iran-Linked Targets in
The post Breaking: Oil Prices Spike 5% as US-Saudi Strikes Iran-Aligned Targets in Iraq, Bitcoin Slips appeared first on CoinGape .
