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Bitcoin Miners Are Winning the AI Boom
Matthew Kimmell, investment strategist at CoinShares Valkyrie, argued that bitcoin miners are uniquely suited to benefit from the AI buildout. Large-scale miners already operate the core infrastructure AI demands, Kimmell said. That includes gigawatt-sized data centers, dedicated power supply, and industrial cooling systems. Before turning to mining economics, Kimmell addressed bitcoin’s current price. Bitcoin was near $65,000 at its 200-week moving average. That level has historically marked cycle lows, including the 2020 COVID crash and FTX’s collapse in 2022, he said. For long-time bitcoin holders, it has ... (full story)
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From cftc.gov|8 hr agoThe Commodity Futures Trading Commission today filed a lawsuit against Kentucky to block the state’s efforts to shut down CFTC-registered contract markets using state laws. The ...
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From @realDonaldTrump|7 hr ago|55 comments
So, I have Iran on the “ropes,” ready to go down for the fall, willing to give us practically anything, and for the first time in decades, respecting the hell out of the United States and its President, ME, and the U.S. Senate decides to have a poorly timed and meaningless War Powers Act Vote, telling the Number One Sponser of Terror in the World that the United States doesn’t like what I am doing to them, and I must stop, and by so doing has provided aid and comfort the Enemy. Four Republican Losers voted with the Dumocrats, and Iran asked my people, “what does that all mean?” These Senators have just made my job more difficult, but I will get it done, one way or the other, because I always get it done! President DJT
From financefeeds.com|6 hr agoThree of the largest U.S. crypto lobby groups have urged Congress to pass a staking and mining tax bill without further amendments. The Blockchain Association, the Crypto Council ...
From moneycheck.com|5 hr agoThe European Union has taken a significant step toward establishing an independent retail payment infrastructure following legislative progress on the Digital Euro proposal. ...
