Google faces a spiraling fine from Russia, surpassing two undecillion rubles and doubling weekly, with potential service blocks looming as tensions escalate. Google and the Unending Fine: How a 36-Digit Debt May Be Just the Start Tech giant Google now owes over two undecillion rubles to the Russian government, a 36-digit sum that doubles daily […] Source: https://news.bitcoin.com/a-36-digit-debt-googles-penalty-in-russia-climbs-beyond-imagination/
The Bitcoin data center firm is deploying an additional 10,000 miners to Stronghold’s Scrubgrass site. Source: https://cointelegraph.com/news/bitfarms-enters-10-000-miner-hosting-agreement-with-stronghold-digital?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Peter Schiff warns that Microstrategy’s $42 billion plan to boost bitcoin holdings, funded by debt and equity, risks a dangerous liquidity trap. He called Michael Saylor “the Egg Man.” Liquidity Trap Looms? Schiff’s Ominous Message for Microstrategy’s Bold Plan Economist and gold advocate Peter Schiff has called out Microstrategy executive chairman Michael Saylor’s latest bitcoin […] Source: https://news.bitcoin.com/peter-schiffs-grim-forecast-microstrategys-bitcoin-gamble-nears-dangerous-limits/
The U.S. Treasury’s report shows tokenized assets could drive significant demand for Treasuries, especially during crypto downturns. As Digital Assets Grow, Treasury Demand Finds Strength in Tokenized Safe Havens The U.S. Treasury Department released its Q4 2024 Treasury Borrowing Advisory Committee (TBAC) Quarterly Report on Wednesday, examining how digital assets, including bitcoin and tokenization, are […] Source: https://news.bitcoin.com/cryptos-unseen-impact-on-treasury-demand-how-tokenization-might-redefine-market-hedging/
Everything Everywhere All At Once film producer AGBO Studios has hired AI veteran Dominic Hughes as its newly created chief scientific officer, the production company said on Thursday. Hughes will now work with AGBO’s in-house teams to develop its AI capabilities to “enrich the creative process,” the company said. AGBO was founded by Anthony and Joe Russo, the brothers who…
JPMorgan analysts suggest bitcoin and gold could see retail demand surge with a potential Trump win, though institutional investors remain cautious amid overbought futures. Bitcoin, Gold Prices Poised for Upside? JPMorgan Weighs Trump-Driven Potential JPMorgan analysts, led by managing director Nikolaos Panigirtzoglou, indicated in a Wednesday report that a possible Donald Trump win in the […] Source: https://news.bitcoin.com/jpmorgan-predicts-bitcoin-gold-boost-with-trump-triumph-on-horizon/
Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within “hours” of its first interaction with the regulator. Source: https://cointelegraph.com/news/immutable-hits-back-sec-after-receiving-wells-notice?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
On Thursday, Apple CEO Tim Cook heralded a new dawn at the Cupertino, California-based firm following this week’s launch of its suite of generative AI tools embedded in its flagship products. “This is just the beginning of what we believe generative AI can do, and I couldn’t be more excited for what’s to come,” Cook said during the call. Investors,…
Microstrategy announced a $42 billion plan to accelerate bitcoin purchases, aiming to strengthen its reserves and position itself as a leader in digital asset investment. Aiming High: Microstrategy’s $42 Billion Vision for Unmatched Bitcoin Reserves Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) announced its Q3 2024 results on Wednesday, detailing a $42 billion capital-raising initiative […] Source: https://news.bitcoin.com/microstrategy-unveils-42-billion-plan-to-power-large-scale-bitcoin-purchases/
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ. Source: https://cointelegraph.com/news/bitcoin-needs-catalyst-for-100-k-gold-going-higher-eth-still-undervalued-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
