Author Archives: pdgweb

OpenAI expands Stargate with Oracle to surpass 5 GW of AI power, while Elon Musk outlines plans for xAI to deploy 50 million H100-scale units in 5 years. Read More at https://cointelegraph.com/news/openai-oracle-stargate-expansion-musk-xai-h100-plan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin profit-taking may be inadvertently revealing the next “local bottom” for BTC price, new analysis suggests. Read More at https://cointelegraph.com/news/bitcoin-speculators-hint-at-local-bottom-buyers-target-117-5k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

1inch co-founder Sergej Kunz told Cointelegraph that DeFi’s user experience, wider collateral range and optimized fees give it an edge over TradFi in the lending race. Read More at https://cointelegraph.com/news/defi-vs-tradfi-crypto-lending-jpmorgan-entry?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Though modest compared to 2022 levels, the latest spike in Ozzy Osbourne’s CryptoBatz NFTs could signal an NFT market rebound. Read More at https://cointelegraph.com/news/ozzy-osbourne-death-400-surge-cryptobatz-nfts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving. Read More at https://cointelegraph.com/news/south-korea-warns-on-crypto-etf-exposure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The pastor claimed that “God told” him to shill INDXcoin, which caused financial losses to at least 300 investors. Read More at https://cointelegraph.com/news/online-pastor-indicted-3-4m-crypto-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Spot Ethereum ETFs notch $533 million in daily inflows, pushing all-time inflows to $8.3 billion amid rising institutional demand. Read More at https://cointelegraph.com/news/spot-ether-etfs-hit-533m-inflows-extend-13-day-streak?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Federal prosecutors in Seattle are looking to win forfeiture of millions worth of crypto tied to an investment scheme in the hope of distributing it to victims. Read More at https://cointelegraph.com/news/us-forfeiture-7-million-crypto-oil-gas-investment-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

As traders try to guess the crypto market’s next move, Coinstash co-founder Mena Theodorou says sticking to historical trends is still the smartest move. Read More at https://cointelegraph.com/news/crypto-traders-historical-patterns-repeat-this-cycle-coinstash-founder-forecast?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The UK central bank is considering abandoning its digital pound plans as its Governor Andrew Bailey favors private payment innovations over a state-backed CBDC. Read More at https://cointelegraph.com/news/bank-of-england-mulls-canning-cbdc-plan-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound