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HomeCrypto

Crypto

Crypto Currencies

AI

Dimon’s Warning on Geopolitics

October 15, 2024 Andy Del Prado

Daily Standup Top Stories Dimon Issues Dire Warning About “Treacherous” Geopolitical Situation October 14, 2024 Mariel Alumit Jamie Dimon, CEO of JPMorgan Chase, has expressed concerns about the global economic outlook. He cited geopolitical tensions, particularly […]

Crypto

Morgan Stanley urges CIOs to explore Bitcoin mining stocks amid rising energy prospects

October 14, 2024 Mariel Alumit

Wall Street giant Morgan Stanley’s global head of research recommended chief investment officers (CIOs) to consider adding Bitcoin (BTC) mining stocks to their portfolios as new opportunities emerge in energy infrastructure, VanEck head of digital […]

Texas
AI

Data centers and cryptocurrency mining in Texas drive strong power demand growth

October 4, 2024 Mariel Alumit

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2024 Note: The Electric Reliability Council of Texas (ERCOT) defines large flexible load as any facility drawing power from the grid with an expected peak demand capacity of 75 megawatts […]

BlackRock
BRICS

BRICS: BlackRock Secretly Prepares for US Dollar Collapse

October 1, 2024 Stu Turley

With the BRICS bloc actively seeking the demise of the US dollar, one trillion dollar asset manager in the US is secretly preparing for the greenback’s collapse. Indeed, BlackRock may be looking to protect itself and its […]

bitcoin
Crypto

Advisors ‘wary’ of bitcoin ETFs are on a slow adoption journey, says BlackRock exec

June 18, 2024 Mariel Alumit

The long-awaited bitcoin exchange traded funds launched in January, and financial advisors are on their way – though gradually – toward adopting them, according to BlackRock’s Samara Cohen. For now, about 80% of bitcoin ETF purchases have likely […]

Venezuela
Bitcoin

Venezuela Looks to Crypto for Oil Sales As Sanctions Return

April 22, 2024 Mariel Alumit

With Venezuelan oil sanctions set to be reimposed and state-run PDVSA oil company buyers and suppliers under orders to close out transactions in line with sanctions by the end of May, the country is now […]

Bitcoin
Crypto

What Will Happen To Bitcoin Prices If The Fed Lowers Interest Rates?

April 1, 2024 Mariel Alumit

Multiple market players are now expecting the Federal Reserve to lower rates during the summer. The interplay between the Federal Reserve and monetary policy for BitcoinBTC 0.0% has been an interesting one, and one that goes much deeper than […]

Argentina
Crypto

Texan bitcoiners start mining in Argentina, where peso is in freefall

March 26, 2024 Mariel Alumit

Giga Energy, based in Houston, has teamed up with Exa Tech and Phoenix Global Resources to mine bitcoin in Argentina. The province of Mendoza is home to the world’s second-largest shale gas reserve. At the […]

climate
Climate Crisis

Bitcoin, data centers fuel energy spike, risking climate goals 

March 19, 2024 Mariel Alumit

  The United States is facing a new energy crisis — one that could make the climate crisis even worse. After more than 30 years of falling or flat demand for electricity, electric utilities are […]

Electric Grid
AI

America’s Electric Grid Is Not Ready for the Demand Explosion to Come

March 16, 2024 Stu Turley

Key Takeaways: 1: The Biden Administration is pushing to increase electricity demand by forcing the electrification of everything. 2: New demand is also coming from industries ranging from AI to bitcoin mining to data centers. […]

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