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itc

Crypto Firms Find New Life in AI Deals

October 7, 2024

In an unexpected twist, crypto companies are now attracting lots of attention from the deal-making world. The reason? Artificial Intelligence (AI). Bitcoin mining companies have massive data centers with plenty of power and fast internet connections, which are perfect for running complex AI operatio

finance

Bitcoin's Price Drops: Mt. Gox Repayments and Government Sales

October 7, 2024

Bitcoin's price has taken a steep dive, falling 8% over just two days. What's behind this drop? Some major players are selling their bitcoins. The infamous Mt. Gox exchange, which went bankrupt back in 2014 after a huge hack, has started paying back its creditors. It's estimated that Mt. Gox still h

finance

Bitcoin's Bright Future: Why Anthony Scaramucci is Bullish

October 7, 2024

Anthony Scaramucci, the founder of Skyridge Capital, is optimistic about Bitcoin's future. He believes several factors could push the cryptocurrency's price to $100,000 or even higher by the end of the year. Despite recent drops, Scaramucci sees a strong comeback ahead. One reason for Scaramucci's

politics

Could Trump’s Election Boost Bitcoin?

October 7, 2024

Bitcoin investors have been buzzing lately. Why? Because some analysts think a Trump win could be great for the cryptocurrency. You see, Trump recently picked Ohio Senator JD Vance as his running mate. Vance is a big fan of crypto, owning at least $100,000 worth of bitcoin himself. This move has giv

politics

Trump's VP Pick Excites Crypto Fans

October 7, 2024

JD Vance, the Ohio senator and well-known figure in Silicon Valley, has been chosen by Donald Trump to be his running mate. This decision is huge news for those involved in the cryptocurrency world. Vance is the first person on a presidential ticket to own Bitcoin, which could bring millions of cryp

business

AI vs Bitcoin: A New Race in West Texas

October 7, 2024

In the heart of West Texas lies Abilene, a town formerly known for cattle grazing but now transforming into a hub for artificial intelligence (AI). Two companies, Lancium and Crusoe Energy Systems, have teamed up to build a massive AI data center outside Abilene. This 200-megawatt project is the fir

crypto

Crypto Prices Dip as Ether ETFs Start and Mt. Gox Moves Bitcoin Funds

October 7, 2024

Ether and bitcoin prices dropped on Tuesday, the first day that ether exchange-traded funds (ETFs) started trading. Bitcoin fell by 3%, settling at around $65,891.50, while ether dropped more than 1%, reaching about $3,445.10. Analysts believe these dips were due to investors taking profits after si

politics

Bitcoin Conference Welcomes Trump's New Crypto Stance

October 7, 2024

Former President Donald Trump is set to speak at the Bitcoin Conference in Nashville, Tennessee. This event, starting tomorrow, is the world's largest annual celebration of Bitcoin. Trump, now a crypto enthusiast, will take the stage at 2 p.m. CT on July 27. This marks the first time a presidential

finance

Crypto Prices Bounce Back on Friday

October 7, 2024

After two days of decline, cryptocurrency prices made a comeback on Friday, with Bitcoin and Ether both up by 4%. This rally followed a tough week for risk assets, with the Nasdaq Composite and S&P 500 suffering significant losses. However, these stock indices managed to rebound on Friday. In the cr

politics

Crypto Votes Up for Grabs at Bitcoin Conference

October 7, 2024

This year's Bitcoin Conference in Nashville has become a hotspot for political hopefuls looking to win over the crypto community. Former President Donald Trump and independent candidate Robert F. Kennedy Jr. are both making their pitches to the crypto crowd. They're hoping to gain votes and donation