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U.S. greenlights Nvidia AI chips for UAE and Saudi Arabia
The Trump administration has approved sales of Nvidia’s most advanced AI chips to the UAE’s G42 and Saudi Arabia’s Humain.
Cryptopolitan
Thu, Nov 20
Putin calls for Russia to rally behind domestic AI, tech sovereignty
Russian President Vladimir Putin has launched a national AI task force to manage the development of generative AI in the country. Russia has taken a strategic and economic interest in AI, but the country’s entrance into the global AI industry will put it far behind established leaders in the industry like America and China. Putin […]
Cryptopolitan
Thu, Nov 20
Monero (XMR) Weakens as Correction Deepens: Analysts Warn of Further Drop Below $350
Monero (XMR) is back under heavy pressure as the market-wide correction deepens, with the privacy-focused cryptocurrency dropping 8% in the past 24 hours to trade at $375. Related Reading: Famous Trader Bets $27 Million That The XRP Price Will Crash This decline marks the fourth consecutive day of l...
NewsBTC
Thu, Nov 20
Here’s When The First Dogecoin ETF Is Expected To Go Live – It’s Soon
Dogecoin is now moving closer than ever to joining the roster of cryptocurrencies with their own US-listed exchange-traded funds, and the timeline for the first launch is becoming clearer. After a series of regulatory filings and updates from major fund issuers, analysts now believe that the debut o...
Bitcoinist
Thu, Nov 20
AI music gets hot as Warner Music settles with Udio, Suno hits $2.45B valuation
Warner Music Group has settled a copyright lawsuit with AI firm Udio, while rival company Suno announced a $250 million funding round, which brought its valuation to $2.45 billion. The announcements, which came on the same day, show that major record labels and VCs are racing to capitalize on AI music technology after months of […]
Cryptopolitan
Wed, Nov 19
Senators grill crypto regulator Michael Selig in high-stakes bid to lead CFTC
Michael Selig, a top SEC crypto official, faced tough questioning in the Senate as he seeks to become the next chairman of the CFTC.
Cryptopolitan
Wed, Nov 19
Shiba Inu Receives Prestigious Honor Alongside Bitcoin and Ethereum In Japan
Japan has officially elevated Shiba Inu (SHIB) into its highest-tier crypto compliance category, placing it alongside Bitcoin and Ethereum. This milestone reflects a clear shift in how Japanese regulators view SHIB, recognizing it as more than a speculative token and validating its advancement into ...
Bitcoinist
Wed, Nov 19
Bitcoin Capitulation Deepens Around $90K Level: Classic Late-Stage Fear Structure Emerging
Bitcoin is trading at critical price levels as the market enters one of its most tense and uncertain stages of the year. The crypto market is showing clear signs of stress, and new data from CryptoQuant confirms that Bitcoin is now moving into one of the most severe short-term capitulation phases of...
NewsBTC
Wed, Nov 19
BTC miners just flipped from dumping to hoarding
Bitcoin miners spent the first half of November unloading coins into a falling market, but now it appears that they have quietly changed their course. On-chain data shows that miner wallets have shifted from net distribution back into net accumulation. This somehow suggests that forced selling has passed. BTC has slid almost 30% from its […]
Cryptopolitan
Wed, Nov 19
Ripple community considers XRP staking as DeFi, ETFs open up on XRPL
Ripple’s XRP Ledger is undergoing a strategic shift as the community calls for native staking. This follows the recent launch of its Canary Capital ETF, which gained about $57 million in volume on the first day of trading. These two developments suggest XRP is moving beyond its traditional payments niche and into a broader investment […]
Cryptopolitan
Wed, Nov 19
Privacy coins Starknet, Zcash defy market decline, record double-digit gains
Starknet (STRK) and Zcash (ZEC) jumped 20% and 10%, respectively, on Wednesday as market confidence in the privacy trend shows signs of returning.
Fxstreet
Wed, Nov 19
California gained $11 billion in extra tax revenue from an AI‑driven tech stock surge
California just pulled in $11 billion in extra tax revenue after a sharp jump in AI‑linked tech stocks pushed capital‑gains income way above forecasts. State officials said the bump is big, but it does nothing to stop the deficit from rising toward $18 billion in the next fiscal year. The money came in while job […]
Cryptopolitan
Wed, Nov 19
Bitfury Says Goodbye To Mining, Hello To A $1 Billion Tech Fund
Bitcoin mining firm Bitfury announced plans to step beyond mining with a major new investment push. Related Reading: Bitcoin To $220K In 45 Days? Genius Makes Bold Claim, Promises To Build Churches Worldwide According to reports, the company will launch a $1 billion technology fund after 14 years fo...
Bitcoinist
Wed, Nov 19
Dogecoin Price Could Surge Above $1 As It Repeats This Trend From 2023-2024
The Dogecoin price may be poised for a significant rebound, as a familiar long-term pattern has emerged on its chart. According to technical analysis, the structure looks almost identical to a setup that triggered a major breakout in its previous cycle, from 2023 to 2024. With Dogecoin currently at ...
NewsBTC
Wed, Nov 19
Top Analyst Says This Token Resembles Dogecoin (DOGE) Right Before Its 100x Run
Long before the likes of Dogecoin were in the limelight, there was a small but passionate community accumulating tokens in the background. This accumulation was quietly taking place until there was a breakout that no one could forecast. A top-notch analyst has now made a fascinating comparison, as Mutuum Finance (MUTM) has the same signs, […]
Cryptopolitan
Wed, Nov 19
Block expects gross profit to reach $15.8 billion in 2028 with mid‑teens annual growth
Block said it now expects gross profit to hit about $15.8 billion in 2028, with mid‑teens annual growth for the next three years. The company laid out these targets at its first investor day since 2022, dropping the numbers at a time when Wall Street has been cutting it no slack. The stock is down […]
Cryptopolitan
Wed, Nov 19
Schneider has signed data center deals worth $2.3 billion
Schneider Electric has signed deals worth approximately $2.3 billion with two U.S. data center operators to mitigate the surge in electricity demand from AI-driven data center load, straining U.S. utilities. Schneider Electric announced on Wednesday that it signed approximately $2.3 billion worth of new contracts with two U.S. data center operators. The firm is set […]
Cryptopolitan
Wed, Nov 19
MP Materials and the Pentagon will hold 49% of a new Saudi rare earths refinery joint venture
MP Materials said Wednesday it signed a new binding joint venture deal with the U.S. Department of Defense and Saudi Arabia’s Maaden to build a rare earth refinery inside the kingdom. MP and the Pentagon will share a 49% stake, while Maaden will hold no less than 51%, according to the company. The deal sent […]
Cryptopolitan
Wed, Nov 19
Senate grills Trump's pick for CFTC head on crypto regulation
Selig, Trump's nominee to head CFTC, faces Senate scrutiny over crypto plansSenate is debating CLARITY Act to establish jurisdiction over crypto Bill could hand CFTC more authority over crypto markets By Hannah Lang Nov 19 (Reuters) - U.S. senators on Wednesday pressed Michael Selig, Presiden...
Reuters
Wed, Nov 19
Arush Sehgal claims three well-funded finalists were prepared to acquire and relaunch FTX before the estate shut the process down
Arush Sehgal, a former member of FTX’s unsecured creditors’ committee (UCC), has delivered a blistering critique of the legal team that oversaw FTX’s bankruptcy, accusing them of derailing a revival plan that could have returned “tens of billions” of dollars to creditors. Sehgal, the Head of Crypto at Alpaca, made the allegations in a detailed […]
Cryptopolitan
Wed, Nov 19
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