Amazon’s massive investment in AI infrastructure in Pennsylvania highlights the growing demand for computing power and its potential ripple effect on the crypto mining industry.
Tag: Business
US Cracks Down: Five Plead Guilty in $37M Crypto Scam Ring
Five individuals have pleaded guilty in connection to a $37 million international crypto scam, highlighting the ongoing efforts to combat crypto-related financial crimes.
Injective (INJ) ETF? Canary Capital Forms Trust in Delaware, Signaling Potential New Offering
Canary Capital has established a trust in Delaware for a ‘Canary Staked INJ ETF,’ hinting at a possible exchange-traded fund that would provide exposure to staking rewards on the Injective blockchain. Here’s why this matters.
Société Générale Enters Stablecoin Arena with USD CoinVertible (USDCV) on Ethereum and Solana
Société Générale’s crypto division, SG Forge, has launched a USD-backed stablecoin, USDCV, on Ethereum and Solana, signaling traditional finance’s growing interest in digital assets.
Bank of Japan’s Potential QE Pivot: Will it Fuel the Next Bitcoin Rally?
Arthur Hayes believes the Bank of Japan’s upcoming monetary policy meeting in June could be a major catalyst for Bitcoin and other risk assets if they decide to pivot back to quantitative easing.