OpenAI & SoftBank invest $1B in SB Energy for US data centers powering AI! ⚡️ OpenAI will use SB Energy to build a 1.2GW facility in Texas (enough for 750k homes). This supports OpenAI’s “Stargate” initiative & growing AI demands. #AI #datacenter #OpenAI #SoftBank
VanEck predicts Bitcoin could hit $53.4M by 2050 in a bullish scenario – if it becomes a major trade settlement asset! Base case: $2.9M, bearish: $130K. Shows huge potential *and* volatility in the long term. #Bitcoin #crypto #VanEck
Polymarket Partners with Golden Globe Awards as Exclusive Prediction Market
Decentralized prediction market platform Polymarket has become the official and exclusive prediction market partner for the Golden Globe Awards. The partnership was announced by Polymarket officials.
#crypto #blockchain #news
Pump.fun is tweaking its creator fees. Initial fees doubled volume but weren’t sustainable – they favored token *creation* over *trading* & didn’t curb meme coin spam. New system will focus on utility & engagement. 🚀
#crypto #blockchain #news
US stocks hit record highs! 📈 Dow, S&P 500 & Nasdaq all rose this week. But blockchain stock Strategy (MSTR) plunged ~5.77%, while Coinbase (COIN) also dipped. Circle (CRCL) saw a small gain. Market divergence shows varying tech sector risk. #stocks #blockchain #marketupdate
BNY Mellon, the world’s largest custodian bank, is launching a blockchain platform for institutional investors to settle deposits! 🚀 Boosts efficiency & transparency, bridging traditional finance & digital assets securely. #blockchain #fintech #BNYMellon
Big Bitcoin investors are selling at the fastest pace since early 2023! 📉 Addresses holding 1k-10k BTC have cut balances by 220k BTC YOY, a pattern seen before 2022 price peaks. Could signal a market shift. #Bitcoin #crypto #BTC
Superheat launched a $2K electric water heater that *also* mines Bitcoin! It aims to offset heating costs with a built-in ASIC miner, using the same energy as a regular heater. Specs (hash rate/power) are still under wraps. #Bitcoin #mining #innovation
Crypto markets faced a volatile 24hrs, with $145M in liquidations! 🤯 Both long & short positions were hit – $74.35M & $71.07M respectively. BTC accounted for $39.42M, ETH for $34.49M. #crypto #liquidations #BTC #ETH
White House Advisor Calls for Further Fed Rate Cuts
White House economic advisor Jared Bernstein stated that the Federal Reserve needs to further lower interest rates, according to a report by Jinshi. No further details were provided.
#crypto #blockchain #news