Bhutan has become a major Bitcoin player by mining 13,011 BTC, worth around $780 million, through a partnership with Bitdeer and using its hydropower resources. This mining initiative, which has boosted Bhutan’s capacity to 600 megawatts, represents a third of its GDP and reflects a strategic shift towards digital assets.
AnaisUSDT is trading at a 0.3% discount to the USD/CNY, meaning investors have been cashing out. Bitcoin prices are showing strength, but derivatives traders are skeptical that the momentum may not last.
AlexAndras Istvan Arato, known as "Hide The Pain Harold," is making waves at Token2049 in Singapore, where he’s a guest of Memeland and the NFT community Arc. From his origins as a stock image model, Arato has embraced his meme fame, leading to numerous public appearances and commercial opportunities.
WeatherlyBlackRock and Microsoft are launching a $30 billion AI investment fund, in collaboration with Global Infrastructure Partners, to support the growing demand for AI infrastructure. This fund aims to secure up to $70 billion in debt financing to build data centers and energy solutions necessary for advancing AI technology.
AnaisAt TOKEN2049 Singapore, Binance CEO Richard Teng discussed leading the company after founder CZ's imprisonment. Despite challenges, he expressed confidence in Binance's future, emphasizing its strong global team and community. Teng highlighted the importance of regulatory compliance as a competitive edge, particularly amidst evolving regulations and growing institutional adoption, such as ETFs.
CatherineLess than 50 days before the U.S. presidential election, Trump announced the official launch of the new financial revolution project World Liberty Financial, saying that cryptocurrency is a very powerful market. This move faces scrutiny from Democrats in the U.S. House of Representatives.
MiyukiAccording to data collected on the chain, China's cryptocurrency holdings are estimated at $11 billion, and the US government's holdings are ranked first at $12.2 billion. In terms of companies, Musk's Tesla ranked only fourth, lagging behind MicroStrategy's $14.768 billion.
AlexAt TOKEN2049 Singapore, Vitalik Buterin delighted the audience with a surprise performance of the Castle in the Sky theme song. He also discussed Ethereum’s reduced transaction fees as crucial for mainstream adoption and emphasized the need to balance decentralisation with practicality.
CatherineThe evolving landscape of crypto crime in 2024 was one of the focuses at TOKEN2049 Singapore. Although illicit activities have declined, challenges such as ransomware, scams, and sanctions evasion persist. Combating crypto crime in the future will depend on strengthening global collaboration and leveraging blockchain technology for better security and transparency.
CatherineAt TOKEN2049 Singapore, Vitalik Buterin, Star Xu, and Jeremy Allaire discussed the future of crypto, focusing on scalability, stablecoins, mainstream adoption, infrastructure, and self-custody. They emphasized the key factors that will shape the crypto ecosystem, from stablecoins' role in global finance to the need for scalable solutions and improved infrastructure.
Catherine
