Browsing: AI
A new analysis reveals that stablecoins pose a significant threat to traditional US banking, with an estimated $500 billion in deposits possibly leaving conventional banks by the end of 2028.
A South Dakota lawmaker has renewed efforts to allow state investments in Bitcoin, signaling a shift towards embracing cryptocurrency among state institutions.
A significant shift is underway in the banking sector as 60% of leading US banks prepare to offer Bitcoin services, marking a new chapter in the integration of cryptocurrency into traditional finance.
Tencent’s announcement of cloud data center expansion in the Middle East has prompted a positive market reaction, highlighting the company’s ambition to deepen its footprint in a rapidly growing region.
A sweeping lawsuit against Meta by WhatsApp users questions the company’s encryption claims, igniting privacy concerns among billions worldwide.
The cryptocurrency landscape is shifting with a significant decline in stablecoin market cap, raising alarms about Bitcoin’s future and market liquidity.
Citigroup’s stock shows modest gains even as it faces a lawsuit alleging sexual harassment against a top executive, highlighting the precarious balance of legal challenges and investor confidence.
Micron Technology’s $24 billion investment announcement for a new facility in Singapore sees shares dip nearly 3%, raising concerns about timing amid supply constraints.
Microsoft shares rise following approval for an extensive new data center project in Wisconsin, reinforcing its commitment to dominating the AI cloud infrastructure market.
Bitcoin remains entrenched under $88,500 while gold surpasses the $5,000 mark and silver retracts its recent gains.
