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Worldcoin (WLD) soars 17%, but why?
Worldcoin (WLD) turned out to be the biggest gainer of the day, decoupling from a slightly bearish trend emerging among the largest of the cryptos like Bitcoin (BTC) and Ethereum (ETH). WLD price jumped by over 17% in the last 24 hours while BTC and ETH saw a marginal declineCryptopolitan
Sep 26, 2024
China considers massive $142B (1 trillion yuan) bank capital infusion
China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support its nose-diving economy and slow markets. Sources confirmed that Beijing planned to issue new sovereign bonds to fund the largest Chinese government bailout since the 2008 global financial crisis.Cryptopolitan
Sep 26, 2024
U.S. spot Bitcoin ETFs record net inflows worth $105.84 million, marking a three-day inflow streak
U.S. Spot Bitcoin ETFs recorded net inflows worth $105.84 million on September 25th, marking a three-day inflow streak. BlackRock’s IBIT and Bitwise’s BITB witnessed positive flows worth $184 million and $2.07 million, respectively. On the other hand, Ark & 21 Shares’ ARKB and Fidelity’s FBTC recorded net outflows worth $47.4 million and $33.2 million, respectively.Cryptopolitan
Sep 26, 2024
UAE Investment entities to monetize flared gas to power AI, Blockchain, Bitcoin datacenters
Hodler Investments, a Dubai-based firm with a portfolio in energy, AI, and digital asset mining, has signed a strategic partnership with Abu Dhabi’s EHC Investment. Together, they will launch NEXGEN, a project aimed at monetizing wasted energy, like flared gas, to power datacenters in the UAE, KSA, and Egypt. NEXGEN will help establish a compliant […]Cryptopolitan
Sep 26, 2024
DWF Labs offloads 1M FET to Binance after 42% price surge
DWF labs reportedly deposited 1 million Artificial Superintelligence Alliance (FET) tokens (approx worth $1.68 million) to the crypto exchange Binance. This major move comes in when the FET price has jumped by around 42% since these token entered their portfolio. Artificial Intelligence (AI) linked cryptos are riding high on the upward trend and one of […]Cryptopolitan
Sep 26, 2024
Semiconductors shortages loom on surge in AI demand
A semiconductors supply chain disruption is looming with global chip shortages forecasted by 2026 on the back of strong demand for the chips to power AI, according to a report. The last global shortage for semiconductors was during the Covid 19 period due to supply chain disruptions as economies closed their borders while demand increased […]Cryptopolitan
Sep 26, 2024
