In New York, legislators have passed a one-year moratorium on new data center construction, reports The Verge, marking the first statewide ban on a critical component of the infrastructure needed for artificial intelligence. Governor Kathy Hochul has yet to sign the bill into law, however, so at this stage it is better understood as a…
Key Takeaways Four Bitcoin camps offer competing answers to how BTC should evolve. Institutional adoption raises questions about governance, integration, and monetary integrity. Bitcoin’s future could hinge on balancing technological progress with long-standing principles. 4 Bitcoin Camps Put BTC’s Future Path Under New Scrutiny Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor published a paper on…
Here’s why trillions of dollars were erased from capital markets in a single day despite a very solid US Jobs report. Friday was a brutal day for essentially all financial markets, even though the only notable news that went live was positive, as the US saw the strongest jobs report in a year and…
As a crowd of 60 anti-vaxxers squeezed into the upstairs dining area of Jonathan’s Grille in Nashville on a recent Monday night, a moment of pride washed over Scott Armstrong. Years ago, he had been let go from his job as a drug and alcohol counselor for refusing to get vaccinated. Now, unvaccinated people from…
It is the longest losing streak the spot Bitcoin ETFs have ever recorded. Summary U.S. spot Bitcoin ETFs recorded a record 13 consecutive trading days of net outflows, with roughly $4.37 billion leaving the funds between May 15 and June 3. BlackRock’s IBIT accounted for about $3.3 billion of the withdrawals as total spot Bitcoin…
President Donald Trump said on Friday that he’s spoken to AI companies about striking deals “where the American people can benefit from the success of AI.” Trump does not seem to have mentioned specific companies in his comments, but OpenAI is a likely candidate, especially after CNBC reported that the Trump administration has indeed been…
Key Takeaways Bitcoin hit a 3.1% KRW discount on June 1, its deepest gap since February 2021. Upbit logged $1.21B on June 6, yet BTC traded 2.46% below global prices. SK Hynix gained 1,000%+ as AI stocks rallied; BTC demand may stay muted. Nearly a Month of Discounts Signals a Dramatic Shift in Korean Bitcoin…
The Casascius coin that was redeemed within the week was created in December 2011 alongside thousands of other coins. As bitcoin (BTC) continues to weather the storms of the bear market, the asset’s OG holders are waking up. A few days ago, an anonymous holder redeemed a physical bitcoin 15 years after it was…
Frederik Gregaard points to on-chain governance, DeFi expansion, and real-world asset programs as ADA erases nearly a third of its value in a week — even as key ecosystem projects shutter around him. Cardano’s native token ADA hit a price level few expected to revisit. The token fell roughly 15% in 24 hours to near…
AI kept moving closer to the device, the workflow, and the boardroom this week, with OpenAI, Google, Microsoft, Anthropic, Nvidia, and Zoom pushing smarter assistants and on-device tools while security researchers kept finding new ways for those same systems to go sideways. Add in major Android and web server flaws, AI-enabled scams, and SpaceX’s record…
