Jefferies Suggests Tether’s Gold Buying May Fuel Recent Price Surge

TLDR Shiba Inu faces growing risks due to leadership instability and the absence of its lead developer, Shytoshi Kusama. The lack of identifiable leadership raises trust issues, hindering Shiba Inu’s ability to attract institutional investors. Shibarium’s transaction volume has significantly declined, sparking concerns about its ability to support decentralized finance (DeFi) growth. A recent $3 [...] The post Shiba Inu Faces Growing Risks as Leadership Instability Concerns Holders appeared first on CoinCentral.

The post Google’s $3 Billion Deal Highlights the Convergence of Ai and Bitcoin Mining, Ushering in The Era of Cloud Mining appeared on BitcoinEthereumNews.com. Most recently, Google purchased a 5.4-percent interest in bitcoin miner Cipher Mining through a $3-billion, 10-year AI data center agreement. Under the announced terms, Google will give $1.4 billion in debt to an affiliated company, Fluidstack, for shares of Cipher. The deal will provide Cipher with 10 years of leased computing capacity for AI and HPC (high performance computing) workloads at its Texas data center. This action shows two key signals: Internet giants are starting to get directly involved in crypto mining companies and promote the development of AI through computing power leasing. Bitcoin mining is transforming into an AI infrastructure provider. The combination of mining computing power and artificial intelligence training needs opens up new growth space. Google’s move isn’t isolated. In August of this year Google took a 14% stake in TeraWulf, another mining company connected to its Fluidstack data center partnership_. Several mining companies, including CleanSpark and Hive Digital, have also rebranded themselves as offering GPU and AI computing services — lifting their stock prices. Industry Outlook: New Mining Opportunities Accelerated by AI A review conducted by The Miner Mag indicates that Bitcoin mining stocks have actually surpassed the performance of Bitcoin lately amid market optimism over miners’ plans to pivot toward GPU computing power and AI services. That is, that mining has become not just a coin-generating machine but the computing infrastructure for the future digital economy. This is not just a new track for regular mining, it’s an extended perspective for the entire industry. AI and Bitcoin mine are relatively less possible for rank-and-file investors to directly participate in, unlike large enterprise networks such as Google’s and Cipher’s installations. Cloud mining on the other hand allows users to participate into the high value of computing power market with little barrier. Fleet Mining: The entry point…

Water150’s W150 token has become the first utility token linked to a real-world asset (RWA) product to get the full approval of the highest cryptocurrency regulatory standard recognized and adopted throughout Europe — the Markets in Crypto-Assets Regulation (MiCAR) — after fulfilling all the requirements set by the European Securities and Markets Authority (ESMA).  The […]