AI Power Costs: Lawmakers Target Tech Giants
US senators accuse tech giants like @Meta, @OpenAI, @Alphabet, and @Oracle of raising energy bills through AI data center expansion, urging the White House for consumer safeguards. #Update #Legal
Crypto News
General category for all types of news related to the cryptocurrency world.
Stablecoins Surge to $3.6T by 2030
Stablecoins and tokenized cash could reach $3.6 trillion by 2030, with stablecoins alone at $1.5 trillion, according to @BNY. Regulation is key for growth. #Update #Crypto $USDT
Nasdaq 100 Surges 130 Echoes Dotcom Era
The Nasdaq 100 has surged 130% since January 2023, driven by AI advancements, echoing the dot-com era. Analysts highlight stronger fundamentals today compared to the 1990s. #Update #Market
Fed Pushes 50 bps Rate Cut
Federal Reserve Governor Stephen Miran advocates a 50 bps interest rate cut, citing economic weakening, while internal debate persists as Chair Powell remains non-committal on December’s decision. #Update #Economy
XLM Surges 3.6% Breaking Key Resistance
Stellar’s $XLM rose 3.62% to $0.3004, breaking key resistance with trading volume up 19%. Analysts see potential for a 446% rally if it exits a seven-year triangle pattern. #Update #Crypto $XLM
Crypto Presale Surges $HYPER Nears $27M
The Senate’s move to end the US government shutdown boosts crypto sentiment, with @BitcoinHyper presale nearing $27M and offering 44% APY. #Update #Crypto $BTC
WLFI Token Slips as Jump Crypto Books Profits
@WorldLibertyFinancial’s WLFI token dips over 6% after Jump Crypto booked profits, transferring $2.9M worth of tokens to Binance. The price surged 26% following a US government shutdown deal. #Update #Crypto $WLFI
Crypto Passporting Sandbox Launches in UK US Talks
@LisaCameron, former UK MP, reveals a US-UK crypto “sandbox” is in development to enhance regulatory clarity and passporting for crypto licenses. #Update #Crypto
Trump Tariffs Ignite $2T Market Surge
President Donald Trump announces a potential $2,000 dividend for U.S. citizens, sparking speculation of a liquidity-led bull run in stock and crypto markets. #Breaking #Economy
Predictions Markets Growth Signals Fundamental Shift
Blockchain-based prediction markets gain prominence after accurately forecasting the 2024 U.S. election, says @LoxleyFernandes, CEO of Myriad. Adoption expected to snowball with media trust. #Update #Finance
Crypto Ponzi Scheme Leader Arrested in Spain
Spain’s Civil Guard arrested A.R., aka “CryptoSpain,” for allegedly leading a €260M Ponzi scheme involving over 3,000 victims and multiple countries. #Breaking #Legal $BTC
AI Side Hustles Surge 300% in 2023
AI tools like ChatGPT and Midjourney are driving a surge in faceless content hustles, promising high earnings through automation in niches like health tips and digital product templates. #Update #Tech
Crypto Organizer Arrested in Major Scheme
Spain’s Civil Guard has arrested the alleged leader of a Ponzi scheme, causing over €260 million in losses for 3,000+ victims globally. The operation involved multiple jurisdictions. #Breaking #Legal $BTC
Crypto Gains Wall Street’s Backing Amid Doubts
Wall Street’s interest in crypto surges as @BlackRock’s Bitcoin ETF sees record inflows, yet institutions still trade off-chain due to blockchain performance issues. #Update #Crypto $BTC