Data Centers Map Hot Climates Growth
A new study reveals nearly 7,000 data centers operate in excessively hot climates, increasing costs and sustainability concerns. #Update #Tech
General category for all types of news related to the cryptocurrency world.
A new study reveals nearly 7,000 data centers operate in excessively hot climates, increasing costs and sustainability concerns. #Update #Tech
Rep. Max Miller circulates a 14-page crypto tax bill targeting stablecoin payments and digital asset lending, aiming to tighten tax rules. Bipartisan support noted with Rep. Steven Horsford as co-lead. #Breaking #Crypto $USDC
JPMorgan Chase’s Dubravko Lakos forecasts the S&P 500 could reach 8,000 points by 2026 if the Federal Reserve eases monetary policy significantly. Current target ranges from 7,000 to 7,500. #Update #Market $SPY
Hyperliquid’s HIP-3 protocol surpasses $10B in cumulative trading volume, reflecting strong growth in decentralized trading. #Update #Crypto
Jeff Yan’s @Hyperliquid processes $10B daily in decentralized derivatives, with a $20B market cap for its token HYPE, growing without outside capital or hype. #Update #Crypto $HYPE
@Hyperliquid proposes a governance vote to ensure that the $1B Assistance Fund remains inaccessible through future protocol upgrades, seeking permanent social consensus. #Update #Crypto $ETH
The Federal Reserve seeks public comment on a new “payment account” for crypto banks, offering limited access to Fed payment rails without full master-account privileges. #Update #Crypto
@Circle is embedding $USDC into global payments and software platforms, enhancing enterprise adoption of digital dollars as core financial infrastructure. #Update #Crypto $USDC
The U.S. Federal Reserve seeks public input on new “payment accounts” aimed at easing access for financial firms, including crypto, to its payment systems, with a 45-day comment period. #Update #Crypto
Ronald Spektor, 23, charged with $16M crypto theft from 100 Coinbase users via phishing scheme; assets seized include $400K in digital currency. #Breaking #Legal
The Bank of Japan raises interest rates by 25 basis points to 0.75%, signaling potential future hikes. Markets react as if this shift is already priced in. #Update #Finance
Stablecoins could surpass the US ACH system in transaction volume by 2026, driven by regulatory clarity and adoption growth, with Bitcoin potentially reaching $250,000 by 2027. #Update #Crypto $BTC
@EigenLayer proposes a governance change to enhance EIGEN token incentives, introducing a fee model for active users and buybacks, amid a 91% market cap decline this year. #Update #Crypto $EIGEN
U.S. Senator Cynthia Lummis, a key ally for crypto, announced she won’t seek re-election in 2026, ending her support for digital asset legislation. #Update #Crypto