Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

Billionaire Bill Ackman has warned that the U.S. majandus on “heading for a train wreckif the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few

USA inflatsiooniandmed leevendavad muret; Krüptomajandus hüppab 11% Kõrgem, samas kui turuanalüütikud ootavad Fedi järgmist otsust

USA. Tööministeerium avaldas tarbijahinnaindeksi (CPI) aruanne teisipäeval. Kuigi inflatsioon veebruaris aastatagusega võrreldes kasvas, tõus oli ootuspärane, ja kõigi artiklite aastane inflatsioonimäär oli 6%. Jahutav inflatsioon on mõningaid muresid leevendanud, aga…

Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power

According to Lynette Zang, chief market analyst at ITM Trading, USA. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. Hiljutises intervjuus, Zang discussed how the purchasing power of the U.S. dollar has

Krüpto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

Equity markets began the day in the red following the latest corporate earnings reports from some of the worlds largest firms, including Microsoft. The tech giants recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments,…

Korea riskikapitalifirma Daesung Private Equity teatab $83 Miljoni Metaverse'i fond

Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 miljonit). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund

US Lawmakers Introduce Bill Allowing Crypto Investments in 401(k) Retirement Plans

Several U.S. lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) retirement savers access to a wide range of investments, including crypto assets. “With inflation at record highs, a stock market downturn, and a potential recession on the horizon,…

Turustrateeg eeldab aktsiaturu langust 50% Siit, Ütleb, et "keskklassi ei jää enam"

Jerome Powelli järgi’s kulllik kommentaar iga-aastasel Jackson Hole'i ​​majandussümpoosionil, peamised aktsiaindeksid, krüptovaluutad, ja väärismetallide väärtus langes märkimisväärselt. Läbi $240 miljard kustutati krüptoturult ning krüptohirmu ja ahnuse indeks jätkab…

Samal ajal kui ühinemine juhtis karuturu tõusu, Hype on kustutatud ja Ethereum juhib nüüd slaidi

With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but