BitcoinWorld SpaceX’s Gas Turbine Foundry: A Faster Path for AI Power, but at What Environmental Cost? Elon Musk has confirmed that SpaceX is building a foundry in Bastrop, Texas, to cast gas turbine blades in-house, a move that could accelerate the deployment of natural gas power plants for AI data centers by up to 18 …
BitcoinWorld Sony Music and Warner Chappell Sue Anthropic, Allege ‘Brazen Campaign’ of Copyright Theft Sony Music Publishing, Warner Chappell, and other music publishers filed a lawsuit against Anthropic and its co-founders Dario Amodei and Benjamin Mann on Friday, alleging a “brazen campaign” of illegally torrenting, scraping, and downloading copyrighted works to train the AI model …
BitcoinWorld Ethereum Supply Rises by 20,125 ETH in a Week, Breaking Post-Merge Trend Ether’s total supply has increased by more than 20,125 ETH over the past seven days, according to data cited by Cointelegraph. This marks a notable shift from the deflationary trend observed after the Merge, raising questions about network activity and market implications. …
BitcoinWorld Commerzbank Questions Chinese Yuan Undervaluation and Export Gains Commerzbank has cast doubt on the notion that the Chinese yuan remains significantly undervalued, suggesting that its perceived export advantages may be overstated in the current global economic climate. The German bank’s analysis, released this week, challenges a long-held assumption among some market participants that Beijing …
BitcoinWorld Belgium Inflation Slows in August as CPI Rises 0.4% Month-on-Month Belgium’s consumer price index (CPI) rose 0.4% in August on a month-on-month basis, easing from the 0.63% increase recorded in July, according to the latest data released by Statbel. This slowdown signals a moderation in inflationary pressures within the Belgian economy, offering some relief …
BitcoinWorld Dogecoin price forecast: Nears pivotal resistance as ETF inflows contrast with cautious on-chain signals Dogecoin is approaching a pivotal resistance level as of mid-2025, with exchange-traded fund (ETF) inflows signaling institutional interest, while on-chain metrics reveal a more cautious retail landscape. This divergence creates a complex outlook for the meme-inspired cryptocurrency, which has historically …
BitcoinWorld Upbit to Suspend MON Deposits and Withdrawals on Sept. 2 for Monad Hard Fork South Korean cryptocurrency exchange Upbit has announced a temporary suspension of MON deposits and withdrawals, scheduled to begin at 11:00 a.m. UTC on Sept. 2. The halt is tied to the upcoming Monad network hard fork, a routine but significant …
BitcoinWorld Bitwise Market-Neutral Crypto Fund Yields 5.9% as Futures Premiums Expand Bitwise’s market-neutral crypto fund, the USCC, has posted a 5.9% annualized return over the past 30 days, driven by a widening gap between futures and spot prices. The fund employs a cash-and-carry strategy, buying major spot assets like Bitcoin and Ethereum while simultaneously selling …
BitcoinWorld EUR/USD Consolidates Above Key Supports as Traders Await US Inflation Data EUR/USD is trading in a narrow range above critical support levels as of mid-session on Thursday, with market participants holding positions ahead of the release of the latest US inflation figures, which could set the tone for the Federal Reserve’s policy path. Why …
BitcoinWorld Australian Dollar Outlook: RBA Risks and Carry Trade Support, Says BBH Brown Brothers Harriman (BBH) analysts note that the Australian Dollar (AUD) is currently supported by carry trade dynamics, but face risks from potential Reserve Bank of Australia (RBA) policy shifts. RBA Policy Risks Loom Over AUD The RBA’s monetary policy stance remains a …
