Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history. Read More at https://cointelegraph.com/news/eth-down-6-after-crypto-black-monday-resilience-alts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
US Senate passes GAIN Act, prioritizing domestic AI and HPC chip sales
The provision in the National Defense Authorization Act could create even more economic pain for the crypto mining industry if passed. Read More at https://cointelegraph.com/news/senate-passes-gain-act-prioritizing-domestic-hpc-ai-sales?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gamble with your crypto? Sure. Gamble with your future? Don’t do it.
After yesterday’s multibillion dollar leveraged crypto wipeout, traders are licking their wounds — but those who cannot remember the past are condemned to repeat it. Read More at https://cointelegraph.com/news/gamble-with-crypto-not-future?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Zcash recovers to pre-crash highs following crypto market meltdown
ZEC recovered all its value lost during Friday’s market meltdown and also hit a recent high of $291 before dipping to the $270 level. Read More at https://cointelegraph.com/news/zcash-recovers-crash-high-market-meltdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI-powered wearables will force our privacy norms to change
AI wearables will harvest our most intimate data while we pretend privacy still exists. Cryptography could enable us to keep our privacy. Read More at https://cointelegraph.com/news/ai-wearables-privacy-expectations-to-change?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Six global policy changes that affected crypto this week
Major policy changes worldwide are shaping how the crypto industry will operate. Read More at https://cointelegraph.com/news/six-global-policy-changes-affected-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto.com CEO calls for probe into exchanges after $20B liquidations
Crypto.com CEO Kris Marszalek has urged regulators to probe exchanges after $20 billion in liquidations, far outpacing any previous market crash, including FTX. Read More at https://cointelegraph.com/news/crypto-com-ceo-regulatory-probe-exchanges-20b-liquidations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Three Bitcoin charts to watch after BTC price’s flash crash to $103K
BTC’s price decline is relatively less severe than what occurred before significant reversals in the past, suggesting that Bitcoin may continue its uptrend. Read More at https://cointelegraph.com/news/three-bitcoin-charts-to-watch-after-btc-price-s-flash-crash-to-103k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Galaxy Digital raises $460M to transform Texas Bitcoin mine into AI data center
Mike Novogratz’s Galaxy Digital has secured a $460 million investment to convert its former Bitcoin mining site in Texas into a large-scale AI data center. Read More at https://cointelegraph.com/news/galaxy-digital-460m-ai-data-center-texas?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin wobbles at $110K as trader says $20B liquidation rout not ‘bottom’
Bitcoin stayed near three-week lows after a giant $20 billion liquidation cascade, but crypto market predictions warned that the bottom was not yet in. Read More at https://cointelegraph.com/news/bitcoin-wobbles-110k-trader-says-20b-liquidation-rout-not-bottom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound