It took a few attempts, but BTC finally did it earlier this morning. Bitcoin’s price revival that began last Wednesday culminated, at least for now, a few hours ago when the asset soared past $80,000 for the first time since mid-May and tapped a multi-month peak above $81,000. Analysts were quick to pick up…
The amount of gas-fired power in development for data centers in the US has nearly doubled in less than a year, new research released Tuesday shows. The findings illustrate just how heavily tech companies are relying on building private fossil fuel plants to power data centers—and how fast artificial intelligence’s energy demand has grown. Global…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Civil society organizations and Philippine web3 organizations have launched a joint signature campaign urging the House of Representatives to immediately pass the Citizen Access and Disclosure of Expenditures for National Accountability (CADENA) Act during the…
Standard Chartered Bank Hong Kong became the first bank to distribute HKDAP on Aug. 24, giving eligible institutional clients and partners access to Hong Kong’s first live regulated local-currency stablecoin. Summary Standard Chartered became HKDAP’s first bank distributor, extending access to eligible institutional clients and partners. Anchorpoint holds one of two stablecoin issuer licences granted…
Airbound, an Indian startup building autonomous drones, has raised $37 million in fresh capital as it pushes to make moving goods through the air as cheap as trucking them by road. The Series A round, led by Greenoaks with participation from DoorDash, Lachy Groom, Lightspeed, and Humba Ventures, comes less than a year after Airbound…
Key Takeaways Eligible non-U.S. users can access major tokenized U.S. stocks. Each B20 token represents a claim on a share held in custody. Chainlink feeds support trading, lending, and collateral pricing. Coinbase Brings Major US Stocks Onchain Eligible investors outside the United States gained onchain access to tokenized shares in several major U.S. companies on…
The analyst says a drop below $1,388 could undermine the technical setup behind the long-term bullish thesis. Ethereum (ETH) could reach $20,000 in the next few years, according to Credible Crypto. The premise for his thesis lies in ETH’s trading range of five years, weak relative performance vis-à-vis Bitcoin (BTC), as well as a…
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Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Search queries for “MEXC” on the Philippine Google Play Store no longer return the official trading application, marking the platform’s complete disappearance from major mobile storefronts in the country following its prior removal from Apple’s…
The U.S. Treasury Department has launched Operation Economic Outcast to target Iran’s international financial links, including cryptocurrency activity that American officials say supports sanctions evasion and the Islamic Revolutionary Guard Corps. Summary Operation Economic Outcast covers cryptocurrency, technology, gold, aviation, shipping and other financial channels. OFAC can sanction people operating in Iran’s crypto sector, regardless…
