BCH price drops to $467. 40 amid broader crypto selloff triggered by Bitcoin’s decline below key support and Fed’s unexpected rate cut resumption signaling economic concerns. (Read More).
Tag: cryptocurrency
TLDR Public mining companies raise billions in debt, pivoting to AI and HPC services to diversify from Bitcoin mining. Bitfarms raises $500M, TeraWulf plans $3. 2B debt issuance to expand into AI and high-performance computing. Mining companies raised $4. 6B in debt in late 2024, signaling a major shift towards AI and data services. AI pivot brings [.] The post Public Mining Companies Secure Billions in Debt to Shift Focus Towards AI Development appeared first on CoinCentral.
Polkadot (DOT) and Litecoin (LTC) continue to show resilience in the cryptocurrency market. However, BullZilla (ZIL) is quickly emerging as [.] The post Why Investors Are Shifting From Polkadot and Litecoin to BullZilla: Best Crypto to Buy This Week for Huge Gains appeared first on Coindoo.
The cryptocurrency market has witnessed its biggest single-day wipeout in history, with over $19 billion liquidated.
Fujitsu and US semiconductor giant Nvidia announced that they will expand their collaboration in the field of artificial intelligence, aiming to accelerate the practical use of AI across industries.
The post Tim Draper Projects Bitcoin and Blockchain to Lead Next Era of Global Finance appeared com. Bitcoin is barreling toward global financial dominance as blockchain becomes vital to national defense, with Tim Draper warning governments to act fast or fall behind. Tim Draper: Bitcoin and Blockchain Will Define Future of Money and National Stability The convergence of cryptocurrency, national security, and law enforcement has emerged as a pressing topic as governments [.] Source:.